![]() There will also be a formal announcement Friday from the committee. That pro forma session will occur around 9 a.m. The returns will be placed into the congressional record on Friday morning during a House pro forma session. Newsweek has asked Pelosi's office for comment.The House Ways and Means Committee will release former President Donald Trump’s tax returns Friday morning, a source familiar confirmed to CNN. "If they are so hell-bent on releasing President Trump's tax returns-which show he built a very successful business and created numerous lucrative assets throughout his career-they should release the tax returns of Nancy Pelosi and her weirdo husband Paul to see how much dirty money they have made from selling out America and jeopardizing our national security," Cheung said. In a statement obtained by Newsweek soon after the committee vote on Tuesday, Trump spokesperson Steven Cheung said that the "unprecedented leak by lameduck Democrats is proof they are playing a political game they are losing." However, there is no legal barrier to publicly releasing tax returns when they're subject to IRS audit. The report was issued shortly after the committee voted 24-16 along party lines to release six years of Trump's tax records.įormer President Trump broke with decades of precedent by not publicly releasing his tax returns when running for president in 2016 and has often said he couldn't release them because he was under audit. "Such statutory requirement would ensure the integrity of the IRS, enable IRS employees to fully audit all issues, and restore confidence in the Federal tax system," the committee added. "For this reason, it is recommended that there should be a statutory requirement for the mandatory examination of the President with disclosure of certain audit information and related returns in a timely manner," the report said.
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