“It is very important to reiterate that Sears Holdings remains

But Mr. Mulvaney and other Republicans reason that, once written into the law, Congress would not allow these provisions to sunset. So the Senate Republican tax plan would cost $1.5 trillion on paper already too much but a lot more in reality.. Its losses since then total $10.4 billion.Sears Holdings said its ability to sell assets, such as stores and store leases, could be limited because it needs those assets to pay for pension plans. In January, Sears sold its Craftsman brand of tools to Stanley Black Decker (SWJ). It is looking to sell Kenmore appliances and Diehard auto parts.Related: How Sears changed AmericaThe company issued a statement later Wednesday stressing that despite the cautionary language in the annual report, it believes it is on course to turn around its struggling business.”It is very important to reiterate that Sears Holdings remains focused on executing our transformation plan,” said Chief Financial Officer Jason Hollar.

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