Monday, 18 June, 2018

Trump Signs Massive Tax Bill Into Law

Getty Images Melania Trump news The First Lady had decorated The White House extravagantly throughout Getty Images Melania Trump news The First Lady had decorated The White House extravagantly throughout
Sammy Stanley | 19 January, 2018, 01:50

Called the Tax Cuts and Jobs Act, the legislation was passed in a partisan vote in the House and Senate and remains unpopular with Americans, who view it as favouring the wealthy and corporations.

"This is something I'm very proud of - great for our country, great for the American people", Trump said in the Oval Office as he signed the bill into law. So he ordered up a spur-of-the-moment signing event where he ticked through what he described as the "tremendous" accomplishments of his first year in office.

At the same time the US President also approved a short-term spending bill that averts a possible government shutdown.

Trump left the White House right after the signing, for what he told reporters would be a working holiday.

"Because it means West Virginians like you can keep more of your money", Capito said.

Republicans have insisted that the bill's popularity will improve once Americans begin to see its effects in the form of fatter paychecks starting next year and an economy goosed by lower corporate taxes.

The president has repeatedly claimed that his busy schedule and work ethic keeps him away from the tube.

Kyrgios Remains Perfect In 2018, Now For Tsonga
Kyrgios idolised Tsonga when he was growing up and is looking forward to facing him in the heat of battle again. The third seed eventually won the match 4-6, 6-2, 6-4, 0-6, 8-6 in three hours and 25 minutes long match.

Overall, the bill is projected to decrease federal revenue by nearly $1.5 trillion over the next decade, although the individual tax cuts are set to expire in 2026 to avoid adding to the deficit outside that window. But some in the GOP worry their party could face a political backlash without an aggressive public relations tour.

"This is something I'm very proud of", Trump said.

I guess this is a minor point to these politicians who are personally guaranteed the best of health care for life, but it is a big deal to the citizens who will lose theirs.

As he so often does, Trump dismissed the story as fake news. We are compiling a long & attractive list.

Early this week, the Republican-majority Congress passed the tax reform bill, which was Trump's key election promise.

Trump is headed to Mar-a-Lago for the long Christmas weekend and will stay away from Washington D.C. until after the New Year. "So, we'll be having that done pretty quickly", the president said.

"I didn't want you folks to say that I wasn't keeping my promise", he told the press.

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