Rosy forecast offered on tax overhaul plan
WASHINGTON — President Trump on Wednesday will try to sell the American people on an unpopular Republican tax overhaul that his administration now claims will generate about $1.8 trillion in new revenue — a figure that a top Democratic lawmaker dismissed as “fake math.”
The White House said Monday that Trump’s pitch will focus on how the GOP tax reform plan will lead to a brighter future for taxpayers and their families, according to spokeswoman Lindsay Walters. House and Senate negotiators are rushing to finalize a bill and deliver the measure to Trump before Christmas.
Trump and Republican leaders in Congress have promoted the massive tax plan by promising the tax cuts will boost the economy.