Trump Tax Plan Gains Momentum

“The White House plan for a massive package of tax cuts is gaining new momentum as Republicans attempt to set aside months of intraparty squabbling and unify behind a key part of President Trump’s agenda,” the Washington Post reports.

“Two developments are accelerating the effort: Key Senate Republicans reached a tentative deal this week to allow for as much as $1.5 trillion in tax reductions over 10 years; and there is a growing willingness within the GOP to embrace controversial, optimistic estimates of how much economic growth their tax plan would create.”

Axios: “Our GOP sources agree that chances are improved, with the most likely outcome being a significant tax cut for corporations, small businesses, and individuals making less than $150,000 a year.”