Economics
Trump Says U.S. Economy to ‘Rock’ as GOP Races to Tax-Cut Finish
- President says 4, 5, 6 pct growth possible from sweeping bill
- Votes planned that would send measure for signature in days
GOP Pushes to Pass Tax Overhaul Bill Within Days
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President Donald Trump predicted the U.S. economy is “going to start to rock” when the Republican rewrite of the U.S. tax code is complete after a six-week sprint.
GOP lawmakers posted their sweeping, 503-page bill -- with permanent tax cut for U.S. corporations and temporary benefits for individuals -- on Friday evening after gaining key votes from two Republican senators who’d threatened to oppose it. Now, with votes planned in the House and Senate by the middle of next week, Trump is closing in on his first major legislative victory.