‘We broke every record’
Trump celebrates after Congress wraps up massive tax package
U.S. President Donald Trump cheered a massive overhaul of U.S. tax laws Wednesday, saying “we broke every record.” Flanked by Republican lawmakers, the president took a bow outside the White House shortly after the House finished its last-minute re-vote to pass the $1.5 trillion bill that provides generous tax cuts for corporations and the wealthiest Americans while providing smaller cuts for middle- and low-income families.
Democrats call the legislation a boon to the rich that leaves middle-class and working Americans behind. Trump said the effort had “been an amazing experience” and claimed it resulted in “the largest tax cut in the history of our country.” Actually, Trump’s cuts are nowhere near the largest in U.S. history The vote was 224201 and came hours after the Senate’s early morning passage along party-lines. Republicans cheered when the vote tally hit the magic number for passage, and again when the final vote was announced. One Democrat yelled, “Do over!”
It is the first major overhaul of the nation’s tax laws since 1986.
On Twitter and in White House remarks, Trump hailed the outcome, his own efforts and the work of GOP allies, including Majority Leader Mitch McConnell of Kentucky, who had drawn the president’s wrath for the Senate’s inability this past summer to dismantle the health care law.
“Our team will go onto many more VICTORIES!” Trump tweeted. Congressional Republicans have cast the bill as a blessing for the middle class, an argument they will stress in their drive to hold onto their congressional majorities in next year’s midterm elections. But one comment by Trump could complicate their messaging.
In praising the bill, Trump cited the deep cut in the corporate tax rate, from 35 per cent to 21 per cent. “That’s probably the biggest factor in our plan,” the president said at the White House.
Within minutes, during House debate at the other end of Pennsylvania Avenue, Rep. Richard Neal, D-Mass., jumped on Trump’s remarks, calling it proof that Republicans were never interested in passing meaningful tax cuts for the middle class.
In a statement, Trump said: “By cutting taxes and reforming the broken system, we are now pouring rocket fuel into the engine of our economy.”
The Senate used a postmidnight vote Wednesday morning to approve the measure on a party-line 51-48 tally. Senate Majority Leader Mitch McConnell, R-Ky., insisted Americans would respond positively to the tax bill.
“If we can’t sell this to the American people, we ought to go into another line of work,” he said.
In an eleventh-hour hiccup Tuesday, the Senate parliamentarian found that three minor provisions violated Senate rules, forcing lawmakers to strip them out.
House Republicans had passed the bill Tuesday with all voting Democrats in opposition. Because of the language the Senate removed, the House had to revisit the measure Wednesday because each chamber must approve identical legislation before it can be signed into law. “People have been hit by the media and the Democrats on their TV screen that everyone is getting a big tax increase, and that’s just not the case,” Ryan said Wednesday on ABC’s “Good Morning America.”