Trump Proposes the Most Sweeping Tax Overhaul in Decades

Trump Proposes the Most Sweeping Tax Overhaul in Decades

1600 Daily: Everything White House 02/23/18

February 23, 2018

Results drown out spin 
On January 11, less than three weeks after President Donald J. Trump signed the most sweeping tax overhaul in American history, House Minority Leader Nancy Pelosi (D-CA) labeled the benefits that American workers are seeing as “crumbs.”

That comment hasn’t aged well. According to a New York Times poll conducted by SurveyMonkey this month, a majority of Americans approve of the tax law signed by President Trump in December. There is little mystery why. As of this week, 377 companies have announced worker bonuses, raises, or 401(k) boosts as a result of tax cuts, according to the nonprofit Americans for Tax Reform.

Even some Democrats are breaking from Rep. Pelosi’s line. “I wouldn’t say a couple thousand dollars a year is ‘crumbs,’” Rep. John Yarmuth (D-KY) said. He’s exactly right.

More Democrats should take note: On tax cuts, Americans believe results more than spin.

Watch President Trump speak live at CPAC at 10:05 a.m. ET 
The Trump Administration is making a strong showing this week at the Conservative Political Action Conference’s 2018 annual meeting. The lineup includes Vice President Mike Pence, Secretary of Energy Rick Perry, Budget Director Mick Mulvaney, and other senior Administration officials.

Today, President Trump joins that list with a keynote address to the conference.

“I stand here today with profound gratitude to say that because of all of you, because of the conservative majorities in Congress that you helped elect, and because of the strong leadership of the President you put in the White House, 2017 was the most consequential year in the history of the conservative movement,” Vice President Pence told CPAC attendees yesterday.

“And tomorrow, you’ll hear firsthand from the man who galvanized that movement.”

Watch President Trump’s CPAC speech live at 10:05 ET.

Bipartisan support builds for the President’s infrastructure plan 
Two senators from opposite sides of the aisle—Sen. Jim Inhofe (R-OK) and Sen. Sheldon Whitehouse (D-RI)—took to The Wall Street Journal this week to join the President’s call for a bipartisan infrastructure bill.

“During his State of the Union address, President Trump called for a broad bipartisan infrastructure package, pledging to improve the nation’s infrastructure and invest in the future,” the pair wrote. “We know that it can, and will, happen.”

The senators are right—and most Americans agree. According to a new Rasmussen Reports poll, 65 percent of likely voters favor President Trump’s bold plan to rebuild American infrastructure. That plan starts with getting Washington out of the way. “Americans should welcome news that President Trump has included regulatory streamlining in his infrastructure proposal,” the editorial board of The Oklahoman writes.

Learn moreSupport continues to build for President Trump’s infrastructure plan.

Photo of the Day

POTUS Today

This afternoon, President Trump and First Lady Melania Trump will welcome Prime Minister Malcolm Turnbull and Mrs. Turnbull of Australia to the White House. The two leaders will meet before participating in a working lunch, and later hold a joint press conference. In the afternoon, the President will meet with Secretary of State Rex Tillerson.

Today, Vice President Pence and the Second Lady will host a luncheon for members of the National Governors Association. The Vice President will later participate in a meeting with Prime Minister Turnbull.

Source

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