The Latest on the 2018 midterm elections (all times local):5:45 p.m.
A key Republican Senate lawmaker says President Donald Trump has given him “a lot of confidence” in the party’s prospects after he announced Tuesday that he would sign a sweeping tax overhaul into law.
Senate Majority Leader Mitch McConnell, R-Ky., made the comment during an interview with reporters in the Capitol.
He said Trump had said that the bill would cut taxes for the middle class and help working families.
“I don’t think there is a great deal of doubt in my mind that he’s going to sign the tax bill,” McConnell said of Trump.
McConnell is not alone in saying Trump is committed to a major overhaul of the tax code.
House Speaker Paul Ryan and Sen. Orrin Hatch, R -Utah, are also calling for tax reform.
The Senate is expected to vote on the bill Tuesday.
The bill would slash the corporate tax rate from 35 percent to 20 percent and eliminate the estate tax.
It would also give a new $1.5 trillion in tax breaks to businesses and individuals.
The legislation would also increase the top individual tax rate to 39.6 percent.