What the Tax Win Means for Trump Now and in 2020 - NBC Chicago
President Donald Trump

President Donald Trump

The latest news on President Donald Trump's presidency

What the Tax Win Means for Trump Now and in 2020

Republicans may be able to overcome the President's poor current approval rating

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    NEWSLETTERS

    Trump on Tax Bill: ‘Obamacare’ Has Been Repealed

    President Donald Trump said ahead of a final vote on a major tax plan that repeals the individual mandate of the Affordable Care Act that it amounts to a repeal of “Obamacare.” (Published Wednesday, Dec. 20, 2017)

    In securing his first legislative victory Wednesday, President Donald Trump demonstrated that he's capable of leading his party in Congress and added another plank to his re-election platform, according to NBC News.

    For a large portion of the next 11 months, and the two years after that, Democrats and Republicans will fight over whether the $1.5 trillion tax cut is the best catalyst for the economy, whether more of the relief should have been distributed to the working and middle classes and whether it should have included its repeal of the "Obamacare" tax on people who don't buy health insurance.

    "It is a fundamental challenge to this presidency: Can we communicate the good news of the president's economic reforms to counter Democratic spin in the other direction. That may determine whether or not the president is re-elected in 2020," Trump's 2016 campaign advisor Michael Caputo said. 

    Trump's supporters say enacting the tax cut is crucial because his 2020 re-election hopes rely heavily on Republicans' ability to keep control of Congress in the midterms. If they lose either chamber, his agenda will stall. If they lose both the House and Senate, his first term could devolve into an impeachment fight.

    'Late Night’: A Closer Look at GOP’s Defense of Kavanaugh

    [NATL] 'Late Night’: A Closer Look at GOP’s Defense of Kavanaugh

    Seth Meyers takes a closer look at President Donald Trump visiting North Carolina to survey damage from Hurricane Florence and Republicans making it clear they have no interest in hearing the truth about Supreme Court nominee Brett Kavanaugh.

    (Published Thursday, Sept. 20, 2018)