President Donald Trump said Tuesday he expects to sign a new tax plan by Christmas. Trump and congressional Republicans are seeking the first major tax overhaul in three decades.
If President Donald Trump gets his way, Americans — and his administration — will have a new tax plan by Christmas.
Trump told reporters Tuesday he hoped to see the House pass a tax bill by Thanksgiving, allowing him to sign the legislation into law in time for the holiday, NBC News reported.
The bill's passage would be the "biggest tax event in the history of our country," the president said, calling the opportunity to overhaul the U.S. tax system "historic."
It would also mark the administration's first big legislative win, and the White House's push to overhaul the tax system comes as the president is once more dogged by Special Counsel Robert Mueller's investigation into his campaign's alleged collusion with Russia.
The House GOP was set to release a tax plan Wednesday, but then sources said it would be released Thursday, NBC News reported.
