The Presidential Daily Brief

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    Congress Sends Tax Overhaul to President for Approval

    They did it. The most sweeping tax restructuring since 1986 has cleared the House and Senate and landed on the desk of President Trump. He’s happy to sign it, as it’s the first big Republican accomplishment after a year of executive and legislative control. But experts and precedent disagree with GOP arguments that the economic “rocket fuel” of corporate tax cuts will offset the plan’s $1 trillion of borrowing, while only 24 percent of Americans polled like the bill. Now the GOP will try to sell its achievement to 2018 midterm voters.

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