Trump Says He Wants a Tax Bill on His Desk by Christmas - NBC 5 Dallas-Fort Worth
President Donald Trump

President Donald Trump

The latest news on President Donald Trump's presidency

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.

    Reported Plan Targeting Transgender People Sparks Fury

    [NATL] Reported Trump Administration Plan Targeting Transgender People Sparks Fury

    The Trump administration may be considering redefining gender as an unchangeable condition determined solely by a person's biology, according to a leaked memo draft obtained by The New York Times.

    (Published 5 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.