The Latest: Trump calls failure on tax plan GOP doom in 2018

AP News
Posted: Oct 22, 2017 10:03 PM
The Latest: Trump calls failure on tax plan GOP doom in 2018

STERLING, Va. (AP) — The Latest on President Donald Trump. (all times local):

10 p.m.

President Donald Trump is warning House Republicans that 2018 would be a political failure for the GOP and a disappointment for the nation if they fail on tax overhaul.

A GOP aide familiar with the conversation tells the Associated Press Trump told the lawmakers the party would have a steep price to pay in next year's midterm elections if they failed to pass his plan. It would slash the corporate tax rate to 20 percent and double the standard deduction used by most average Americans.

The president also said that, beyond the looming elections, his plan was the right thing to do for the country, the person said.

In a conference call, Trump urged members to adopt the budget passed by the Senate this week and move on to tax reform.


5:24 p.m.

President Donald Trump has urged House Republicans to move swiftly on passing the budget during a conference call, clearing the way for what he called an historic step on taxes.

Trump and Vice President Mike Pence joined a Sunday afternoon House Republicans call in which Trump urged members to adopt the budget passed by the Senate last week and move on to tax reform.

Trump told the members they were on the verge of doing something historic. That's according to a Republican official on the call. The official spoke on condition of anonymity because they were not authorized to discuss what was intended to be a private call for members.

House Speaker Paul Ryan also said on the call that he hopes to pass a revised Senate bill this week so that tax reform can be enacted by the end of the year.

—By Jill Colvin


11:24 a.m.

Senate Majority Leader Mitch McConnell says he's willing to bring bipartisan health care legislation to the floor if President Donald Trump makes clear he supports it.

A proposal by two senators — Republican Lamar Alexander and Democrat Patty Murray — would extend to insurers federal payments that Trump has blocked. Trump has offered mixed signals about whether he supports the deal.

McConnell tells CNNs' "State of the Union" he's "waiting" to hear from Trump "what kind of health care bill he might sign."

He adds: "I think he hasn't made a final decision. When he does, and I know we're not just debating it, but actually passing something to be signed, I'd be happy to bring it up."