Trump Says He Wants a Tax Bill on His Desk by Christmas - NBC New York
President Donald Trump

President Donald Trump

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Trump Says He Wants a Tax Bill on His Desk by Christmas

The House GOP was set to release a tax plan Wednesday but postponed the release to Thursday

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    NEWSLETTERS

    President Donald Trump Predicts New Tax Plan by Christmas

    President Donald Trump said Tuesday he expects to sign a new tax plan by Christmas. Trump and congressional Republicans are seeking the first major tax overhaul in three decades.

    (Published Tuesday, Oct. 31, 2017)

    If President Donald Trump gets his way, Americans — and his administration — will have a new tax plan by Christmas.

    Trump told reporters Tuesday he hoped to see the House pass a tax bill by Thanksgiving, allowing him to sign the legislation into law in time for the holiday, NBC News reported.

    The bill's passage would be the "biggest tax event in the history of our country," the president said, calling the opportunity to overhaul the U.S. tax system "historic."

    It would also mark the administration's first big legislative win, and the White House's push to overhaul the tax system comes as the president is once more dogged by Special Counsel Robert Mueller's investigation into his campaign's alleged collusion with Russia.

    Trump Cancels US-N. Korea Summit in Letter to Kim Jong Un

    [NATL] Trump Cancels US-N. Korea Summit in Letter to Kim Jong Un

    Citing "tremendous anger and open hostility," President Donald Trump cancelled a planned Singapore summit between the United States and North Korea. Trump also referred to the United States' nuclear arsenal in the letter, made public on the same day North Korea destroyed a nuclear testing facility in view of foreign journalists.

    (Published 2 hours ago)

    The House GOP was set to release a tax plan Wednesday, but then sources said it would be released Thursday, NBC News reported.