Trump Plans Tax Signing on Jan. 3 Due to Technical Issue

AEI’s Alex Brill and Committee for a Responsible Federal Budget’s Maya MacGuinea discuss the passing of the tax plan.(Source: Bloomberg)
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President Donald Trump plans to sign the tax bill on Jan. 3 to ensure automatic spending cuts to Medicare and other programs don’t take effect, according to a House Republican aide familiar with the plans.

The White House informed House GOP members of the timetable, following the likely decision by House Republicans to leave the so-called PAYGO provision out of a year-end spending deal to avoid a government shut down before Friday, the person said who asked not to be named because the plan hasn’t been publicly announced.