Congress is Set to Give President a Major Victory on Tax Reform
update
- By Mil Arcega
Congress will vote mostly along party lines this week to give President Donald Trump his first major legislative victory – a tax reform bill. Republican lawmakers say it will give the US economy a much needed kickstart. The bill raises standard deductions for most families and individuals, reducing the amount of the taxable income they would have to pay. But as Mil Arcega reports, the tax reform package carries a big price tag.