Trump Signs Massive Tax Bill Into Law

Christmas Gifts Piled High At The White House but not for

President Trump also signed the continuing resolution to fund government spending into the new year. In addition to extending government funding, the bill includes $4 billion for missile defense, among other provisions.

Trump said he wanted to sign the bill quickly in time for Christmas as he had promised, of which he was reminded by TV news shows.

Corporations, Trump said, "are literally going wild" about the reductions in the business tax rate. He also offered to give the pens he used to sign the legislation to members of the media assembled in the Oval Office.

"Everything in here is really tremendous things for businesses, for people, for the middle class, for workers".

It is unknown when exactly President Trump will sign the bill into law.

Despite massive opposition from Democrats, Republicans succeeded in passing the disastrous tax bill that will cut taxes mainly for corporations and the richest of the rich.

As Common Dreams has reported, Trump has been increasingly open about the central objectives of the GOP tax bill since it passed both houses of Congress.

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"Because it means West Virginians like you can keep more of your money", Capito said.

The signing of Mr. Trump's economic centerpiece came without a public ceremony at the White House, with a handful of reporters and White House officials witnessing the event in the Oval Office.

Trump often reacts to television news, and Friday was no different.

Asked if he'd visit Trump's Mar-a-Lago estate in Florida over the holiday, McConnell said the closest he'll get is attending a college football bowl game in Jacksonville, Florida.

So Trump said he told his staff: "Get it ready, we have to sign it now". He said he believed the tax law was "selling itself" to Americans when asked whether he would travel to promote it, and he asserted that Democrats already regret not supporting it.

Trump touted the tax measure as a bill that has something for everyone.

"At some point, and for the good of the country, I predict we will start working with the Democrats in a Bipartisan fashion", Trump tweeted. The law is not repealed, but the mandate had been considered an important feature of it. It punted disputes on immigration, health care, and the budget to next year.

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