President Trump: Tax bill ‘an incredible Christmas gift for hard-working Americans’

President Trump: Tax bill ‘an incredible Christmas gift for hard-working Americans’

Trump on Wednesday hailed congressional Republicans’ ambitious $1.5 trillion rewrite of the tax code as a win for the wealthy.

Trump during a Cabinet meeting on Wednesday called the bill “historic”.

“They’re going to start seeing the results in February. This bill means more take-home pay. It will be an incredible Christmas gift for hard-working Americans. I said I wanted to have it done before Christmas. We got it done,” Trump said.

The House passed the bill again on Wednesday, after a procedural snag forced that chamber to vote again on Wednesday, and the measure now heads to the president’s desk to sign.

The vote gives Republicans their first major legislative victory under Trump.