President Trump said in a Wall Street Journal interview Tuesday that the White House plans to unveil a new tax-cut proposal in 90 days.
“We’re talking a fairly substantial … middle-class tax cut that’ll be subject to taking back the House and obviously keeping the Senate and keeping the White House,” the president said. Trump declined to provide specifics about the plan.
The White House has been saying for several months that they plan to release a proposal for a middle-class tax cut as Trump runs for reelection. The exact contents of the package are still being discussed.
White House National Economic Council Director Larry Kudlow gave a different timetable than Trump in a CNBC interview last week, saying then that the proposal could be unveiled “perhaps sometime later in the summer.”