President Trump led a discussion with business owners and families at the White House on Tuesday, as Republicans in the House and Senate forge ahead in their efforts to overhaul the nation’s tax code and continue funding the federal government.
Mr. Trump told the “four great families” at Tuesday’s event in the Oval Office that at a “certain point you’re going to be making so much money you are not going to know what to do with it.”
He added of the families, “They want to see tax cuts, they want to see jobs, they want to see choice.”
The president lauded the administration’s efforts in bringing back companies back into the United States as well as the stock market being at an “all-time high.” Continue reading “Tue, Dec. 5, 2017: Trump hosts business owners for discussion at White House”
President Trump is having lunch with Senate Republicans at the White House.
The president said in remarks before their lunch in the Roosevelt Room that they’re going to discuss the conference committee negotiations over the GOP tax overhaul, which he called the “mixer.”
“It’s a fantastic bill for the middle class,” Mr. Trump said, adding that it will also spur job growth and benefit companies wanting to bring back money from overseas. “I view it as a tremendous bill for jobs and the middle class.”
Mr. Trump said that other issues on the agenda are trade and NAFTA negotiations. He said that there have been “tremendous losses” with Mexico and Canada. He said, for example, that the U.S. lost about $71 billion in trade deficit with Mexico last year and $17 billion with Canada.
The president expressed confidence that congressional Republicans would reach a bicameral agreement on taxes soon.
“I think something is going to be coming out of conference pretty quickly,” he said. “There’s a great spirit in the Republican Party like they’ve never seen before.”
On the question of Roy Moore’s Senate candidacy, Mr. Trump added that Republicans don’t want a “liberal Democrat” elected in the special election in Alabama next week. The president on Monday endorsed GOP candidate Moore, who faces sexual assault and sexual misconduct allegations involving underage women when he was in his 30s.
–CBS News, Rebecca Sheard
12:30 pm: Lunch with Republican Members of the Senate; Roosevelt Room
1:45 pm: Leads a discussion with American business owners and their families
6:30 pm: Hosts the congressional ball; State Floor