President Trump gave an exclusive interview to Maria Bartiromo on Friday at the White House. The wide-ranging interview aired earlier today on Fox News – Sunday Morning Futures. Ms. Bartiromo generally does good interviews, especially when the topics are economics, taxes and finance.
Earlier today President Trump met with members of the Senate Finance Committee to discuss the latest tax reform proposal. (transcript below)
[Transcript] – 11:34 A.M. EDT – THE PRESIDENT: Thank you very much. I’m honored to welcome Republican and Democratic members of the Senate Finance Committee to the White House. And especially, I’d like to thank Committee Chairman Orrin Hatch — thank you, Orrin — and Ranking Member Ron Wyden for joining us today. Thank you very much. Thank you, Ron.
We’re here to discuss our plan to deliver historic tax cuts for American families, businesses, workers. It will be the largest tax cut in the history of our country. (more…)
President Donald Trump has traveled to Harrisburg Pennsylvania to deliver a speech on the need for tax reform. The speech will likely be broadcast on cable news and is anticipated to begin at approximately 5:30pm to 6:00pm EST. UPDATE: Video Added
Office of Management and Budget Director Mick Mulvaney appears on Sunday Morning Futures with Maria Bartiromo to discuss the ongoing tax reform proposal and the status within congress:
President Donald Trump discusses the short-term (relief) and long-term (recovery) efforts for Puerto Rico. As everyone is aware, even before the storm the island territory was under financial collapse as a result of Democrat mismanagement and generational political agendas’ creating a culture of dependency.
Hurricane Maria has exacerbated Puerto Rico’s problems and is showcasing a governmental structure incapable of governing during crisis. The media hypes the suffering, yet omits the Island’s inept systems of governance and the culture of dependency. The only way the U.S. federal government can assist effectively is by taking over almost every aspect of state and local government.
As President Trump points out in this impromptu press conference, congress has some decisions to make on the long-term future of Puerto Rico. Throwing money at the problem is futile when the recipient systems are fraught with ineptitude and corruption.
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After several conversations with dozens of relief and recovery workers the message to CTH from boots-on-the-ground is the same: the culture of dependency is jaw-dropping. Watch the raw background footage from Western media on the island and see if you can spot any native Puerto Rican residents doing much, if anything, to help themselves.
FUBAR (more…)
President Trump recaps the week ending September 29th with remarks on the ongoing relief and recovery efforts in Puerto Rico and the recently announced tax reform package.
President Donald Trump delivers a speech outlining the latest tax reform plan to an audience at the National Association of Manufacturers in Washington, D.C.
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[Transcript – 11:41 A.M. EDT] THE PRESIDENT: Thank you very much. (Applause.) Thank you very much. Taking up a lot of television time, but that’s okay. (Laughter.) Thank you all very much. It’s great to be here with the National Association of Manufacturers. And I especially want to thank your president, Jay Timmons, and your chairman, David Farr, along with all of the members of Congress that are here today. And they’re working hard, I will tell you that. (more…)
OMB Director Mick Mulvaney appeared on Tucker Carlson show tonight to discuss the proposed tax reform plan. One of the biggest hits to Blue Cities in Blue States would be the elimination of state income tax deductions. Mulvaney discusses this aspect along with the multitude of downstream consequences within the proposal.
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The MAGAnomic agenda for 4%+ GDP growth consisted of three basic fundamental legislative needs from congress:
1.) The approval of the Trump budget reducing year-over-year spending.
2.) The repeal and replacement of ObamaCare.
3.) Tax reform to include lowered rates on “middle class” and ¹corporations.
All three principles for strong national economic growth are opposed by multinational corporations and multinational banking interests along with the DC UniParty. The legislative results so far are clear evidence of this opposition. There are trillions of dollars at stake.
¹The multinational corporations (tax/policy lobbyists) don’t care about lowered rates because they have gone through corporate financial inversion and established their company headquarters overseas. The lowered corporate rates only benefit domestic U.S. companies.
President Donald Trump traveled to Indiana to unveil the ‘middle class miracle’, a comprehensive tax reform proposal with three brackets, zero tax on couples’ first $24,000 and a massive corporate rate slash. ‘The largest tax cut in American History.’
. WHITE HOUSE – An America First Tax RELIEF PLAN: President Donald J. Trump, the House of Representatives Ways and Means Committee, and the Senate Finance Committee are proposing vital tax relief to strengthen the middle class, grow the economy, and unleash America’s economic comeback.
We are calling for a dramatic tax cut, which includes: (more…)