Trump Repeats: No Tax Break for the Rich

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Chuck Schumer, D-N.Y., and House Minority Leader Rep. Nancy Pelosi, D-Calif., at the White House for dinner Wednesday night. The president and the congressional leaders were expected to discuss the fall deadlines facing Congress. The goal should be 30 Democratic supporters and 30 Republican supporters for a comprehensive tax plan.

"Trump met with Republican and Democrat Senators to discuss advancing the Administration's legislative priorities", the statement said. "If you look at the conditions that they stipulate for working with us on a tax bill, it's pretty clear they're not interested in working with us".

Senate President Martin Looney, D-New Haven, said the governor gave them feedback on their latest spending and revenue proposal and they went back to "develop a response to the perspectives he offered".

White House press secretary Sarah Huckabee Sanders essentially said there was no need for McConnell and Ryan to be at the meeting.

President Trump has made this much clear: He wants Congress to go into a hurry-up offense to get tax reform done by the end of the year. "They're just not all that good - contrary to what we've heard - at politics". "Now it might not work out".

Trump's newfound working relationship with Schumer and Pelosi comes at the chagrin of some Republicans who last week stood in opposition to the ultimately passed three-month deal to keep the government running.

On lowering the top corporate rate, Trump has called for decreasing it to 15 percent, down from the current 35 percent rate.

That's off the agenda for a while: "The next time we'll be dealing with the debt ceiling is in 2018", said Senate Majority Leader Senator Mitch McConnell.

Trump also promised that the individual tax rate would be lower.

Under Washington's complicated ways, passing a congressional budget blueprint is the only way to set in motion a special process for rewriting the tax code.

In his almost eight months in office, Trump has failed to get his major legislative goals through Congress.

The House representatives plan to speak also with the president about health care legislation, infrastructure investment and a replacement for DACA, according to a source speaking on the condition of anonymity.

Cruz pointed to Trump's record thus far when asked if he was anxious about a pattern of Trump cutting deals with Democrats.