Speed Reads

yuge announcement

President Trump claims his upcoming tax cuts are 'bigger' than 'any tax cut ever'

President Trump's new tax package won't be unveiled until next week, but he offered a little sneak preview Friday of just how huge the tax cuts will be. In an interview with The Associated Press published Friday, Trump said his tax reform plan will offer businesses and individuals "a massive tax cut," which he claimed would be "bigger I believe than any tax cut ever."

Trump said to expect his proposal on "Wednesday or shortly therafter." Treasury Secretary Steven Mnuchin had originally planned to pass tax reform by August, but now he hopes to get it through Congress by the end of 2017.

Trump touched on more than taxes in the wide-ranging interview. He predicted the recent attack in Paris that left one police officer dead and two others injured would "probably help" far-right candidate Marine Le Pen in France's approaching presidential election. He also reassured young immigrants they could "rest easy" about his immigration policies, explaining his administration is "not after the DREAMers, we are after the criminals."