President Trump and congressional Republicans unveiled their huge tax reform bill focused on the middle class yesterday, promising the proposed “Tax Cuts and Jobs Act” will stimulate strong economic growth as it makes the mammoth, out-of-control tax code simpler and fairer.
The proposal is "a great bill," and "another important step toward providing massive tax relief for the American people," the president said, adding he hoped the measure will become law before Christmas.
"Today is a great day for the American worker," Trump said. "Over the past 10 months, we've witnessed something remarkable happening to our country, a lot of change, a lot of difference. We've hit close to 60 records in the stock market since November 8, that very big day," Trump said, a reference to the day he was elected president.