President Trump says Congress is working hard to pass his tax reform bill.
"Our tax bill is moving along in Congress, and I believe it's doing very well," he said at a Rose Garden speech on Thursday.
One problem: There is no tax bill.
The only evidence of a White House tax strategy is a bunch of rhetoric from Trump's economic team and a one-page outline hastily presented to the public in April. Trump called the proposal "one of the biggest tax cuts in American history."
Treasury Secretary Steven Mnuchin and White House National Economic Council Director Gary Cohn began pressing Republican members of Congress in mid-May to get on board with Trump's tax agenda. But no legislation has emerged.
"I think a lot of people will be very pleasantly surprised," Trump said of the phantom tax bill. "The Republicans are working very, very hard. We'd love to have support from the Democrats, but we may have to go it alone. But it's going very well."
"Our tax bill is moving along in Congress, and I believe it's doing very well," he said at a Rose Garden speech on Thursday.
One problem: There is no tax bill.
The only evidence of a White House tax strategy is a bunch of rhetoric from Trump's economic team and a one-page outline hastily presented to the public in April. Trump called the proposal "one of the biggest tax cuts in American history."
Treasury Secretary Steven Mnuchin and White House National Economic Council Director Gary Cohn began pressing Republican members of Congress in mid-May to get on board with Trump's tax agenda. But no legislation has emerged.
"I think a lot of people will be very pleasantly surprised," Trump said of the phantom tax bill. "The Republicans are working very, very hard. We'd love to have support from the Democrats, but we may have to go it alone. But it's going very well."
