Speed Reads


Trump reportedly told wealthy Mar-a-Lago friends they 'just got a lot richer' thanks to the tax bill

President Trump went to the "Winter White House," his Mar-a-Lago resort in Florida, on Friday, where CBS News reports he told friends dining at his club, "You all just got a lot richer" because of the GOP tax overhaul he'd signed several hours earlier. Two sources at a nearby table described the comments to CBS.

In public statements before the bill became law, Trump repeatedly claimed he, as a wealthy person, would take a financial hit so that ordinary Americans could pay lower taxes. In April, Trump said he would "probably pay more" after the reform, and in November he said he'd be a "big loser" and lose "a fortune." Since the legislation was finalized, analysis has shown Trump will save millions annually under the new system.