#TrumpTaxCuts The first 100 days of President Donald Trump in office have been a whirlwind of executive activity: he initiated the layoffs of tens of thousands of federal workers, ended U.S. foreign aid, and rocked global markets with repeated high tariffs.
But at least one of the president's plans to leave a lasting mark on the American economy and government will require the support of a bitterly and evenly divided Congress.
During the next three months, Washington will turn its attention to Capitol Hill, where Republicans — holding historically slim majorities in both the House of Representatives and the Senate — are attempting to cobble together legislation that would make permanent the lower individual tax rates in Trump’s 2017 Tax Cuts and Jobs Act. The bill could even include new giveaways the president campaigned on, including eliminating taxes on tips, Social Security income and overtime pay, and making car interest payments tax deductible.
