President Donald Trump told reporters on Saturday that his administration was working with House Republicans on new tax cuts ahead of Election Day.
Trump said his administration was “looking at putting in a very major tax cut for middle-income people.”
“And if we do that, it’ll be sometime just prior, I would say, to November,” he said, speaking before boarding Air Force One after a campaign rally in Elko, Nevada.
Both the House and Senate are effectively out of session until the postelection lame-duck session, but if one were to take Trump at face value, he did point to “putting in” the tax legislation before then.
“Kevin Brady is working on it, Paul Ryan is working, we’re all working on it,” the president said, referring the to the House Ways and Means chairman and the speaker. “I would say sometime around the first of November, maybe a little before that.”
Trump emphasized that this round of tax cuts would be for middle-income individuals, not for businesses. The GOP-led House has already passed additional tax legislation, but none of those measures were considered by the Senate.
The House-passed bills include one that would make permanent the tax reductions in last year’s Republican tax overhaul. It was among September’s parting gifts for vulnerable GOP lawmakers ahead of this year’s midterm elections.
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