Donald Trump celebrates major legislative victory after US Congress passes massive Republican tax cut plan
Donald Trump celebrated a “historic” victory as the US Congress passed a massive Republican tax cut plan, handing the president his first major legislative achievement.
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Donald Trump celebrated a "historic" victory on Wednesday as the US Congress passed a massive Republican tax cut plan, handing the president his first major legislative achievement since taking office. AP
"We broke every record," Trump told scores of elated Republicans gathered at the White House for a victory lap, thanking them for driving through "the largest tax cut in the history of our country." "We are making America great again," he declared. AP
Having taken months to get across the finish line, the bill was delayed at the last moment Tuesday after a technical glitch required the Senate to strip three minor provisions from the bill before approving it overnight. AP
The tax bill slashes the federal corporate tax rate from 35 percent to 21 percent, and the maximum individual income tax rate, for the nation's wealthiest, would drop from 39.6 percent to 37 percent. AP
Billing it as a "Christmas gift" and a "history victory" for the American people, Trump and his Republicans hope their success in passing tax cuts plays to the party's advantage in next year's mid-term elections. AP