WASHINGTON (Sputnik) — US President Donald Trump said in an interview that Americans can expect tax cuts in 2017 and possibly a new healthcare plan by 2018.
“I think before the end of the year,” Trump told FOX News in an interview that aired on Monday when asked if Americans can expect tax cuts in 2017.
Trump has stated he will revive the ability of the United States to compete in the global marketplace by conducting tax reform that include lower taxes for middle class Americans and businesses. Republican congressional leaders have committed to include tax reform legislation in their agenda for the first 200 days of the new Congress.
On January 20, inauguration day, Trump signed an executive order on Obamacare, giving individual US states a choice — keep Obamacare or provide alternate coverage while receiving the same subsidies from the federal government.
Obamacare, or the Affordable Care Act, is a signature health reform initiative of former President Barack Obama. It relies on government-run exchanges in which insurance companies sell policies to individuals and families that lack employer-provided health insurance plans.