Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
Politics
Sarah D. Wire

Trump wants tax bill on his desk by Thanksgiving

WASHINGTON _ President Donald Trump raised expectations of the Republicans' timetable for completing changes to the U.S. tax code, indicating that he expects legislation approved and on his desk by Thanksgiving.

"I want to get it by the end of the year but I'd be very disappointed if it took that long," he said Sunday on Fox. He said lawmakers should forgo their Thanksgiving break if they can't send him a bill to sign by then.

Republican leaders have expressed optimism about the chances of passing a tax bill, saying they hope to have it done by year-end. But many have predicted that a vote might not happen until next year, particularly because of Trump's abrupt addition of several issues to their agenda.

That includes a bill to address the legal status of immigrants brought to the country illegally as children, a bipartisan agreement to stabilize health insurance markets, and a response to Trump's refusal to recertify the Iranian nuclear deal.

The tax plan Republican leaders and the White House have laid out calls for reducing tax rates on corporations from 35 percent to 20 percent, and consolidating individual tax rates to 12 percent, 25 percent, 35 percent and possibly one higher bracket for the wealthy. Income brackets for those rates have yet to be set.

A tax bill has yet to be written. Members of Congress haven't agreed on what cuts to make, or where to make them.

"There's tremendous spirit for it, not only by the people we're dealing with in Congress, but for the people out there that want to see something," Trump said. "We're adjusting so that there's no way that the middle class doesn't greatly benefit."

Trump confirmed that Republicans are considering adding a tax bracket for the rich to their plan, saying it would provide a bigger benefit for the middle class.

House Speaker Paul Ryan, R-Wis., indicated Friday that the extra bracket was Trump's idea. Trump acknowledged that the idea was in response to his request for more help for the middle class. "I would rather do that than do anything to hurt the middle class," Trump said.

White House budget director Mick Mulvaney downplayed adding the bracket and said it was an idea that originated in Congress to help ease passage.

"What we've just said at the White House is, 'Look, we are agnostic about that. It's not a big piece for us .... It's not what's driving this for the White House,'" he said on Fox.

Still unclear is how Republican leaders can persuade rank-and-file members who came to Congress pledging to reduce the size of the deficit to vote for tax cuts plan that would increase the deficit by $1.5 trillion over 10 years.

The beginnings of their talking points were clear Sunday, with Senate Majority Leader Mitch McConnell, R-Ky., saying on CNN that the tax package will create so much economic growth it will begin to pay down the nation's debt. There's little historical evidence that tax cuts pay off in long-term economic growth.

"This is a tax reform bill designed to make America grow more," McConnell said.

After failing to get a bill to repeal and replace the Affordable Care Act through both chambers of Congress, Republicans need a legislative victory this year. Trump said that failure on health care will spur his party to approve a tax bill.

"I will say the fact that health care is so difficult, I think, makes the taxes easier. The Republicans want to get it done," he said.

Trump predicted that Republicans will have the votes they need on taxes, saying libertarian-leaning Sen. Rand Paul, R-Ky., will vote for it. Some in the White House have indicated they were worried that Paul would take a hard line against the Republican plan because it would increase the federal deficit. But the senator said Friday that he's "all in."

"I think that Rand Paul actually is going to vote for the tax cuts.... We had tremendous enthusiasm this time. Health care, I was told was tougher but it was close. I mean, so far, I would say it's not even a contest," Trump said.

Trump has distracted from legislative issues repeatedly in the first 10 months of his administration, most recently bickering online with Republican senators including Bob Corker, the Republican chairman of the Senate Foreign Relations Committee. But Trump dismissed the idea that he's getting in his own way.

"Sometimes it helps, to be honest with you," Trump said. "Actually sometimes it helps. Sometimes it gets people to do what they're supposed to be doing. And you know, that's the way it is."

Trump said that having a direct line to his Twitter followers guarantees his meaning won't be muddled by the media.

"When somebody says something about me, I am able to go bing, bing, bing and I take care of it," he said. "The other way, I would never be able to get the word out."

He also touched on criticism of a condolence call he made to Myeshia Johnson, widow of Army Sgt. La David T. Johnson, who was killed in Niger this month. Trump and Rep. Frederica Wilson, D-Fla., of Florida, have publicly argued about the content and tone of the call. White House chief of staff John F. Kelly, who lost a son in Afghanistan in 2010, gave an emotional defense of the call Thursday.

"He was so offended, because he was in the room when I made the call and so were other people," Trump said of Kelly's reaction. "And the call was a very nice call. He was so offended that a woman would be _ that somebody would be listening to that call. He actually couldn't believe it. Actually, he said to me 'Sir, this is not acceptable. This is really not.'"

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.