WASHINGTON — President Trump signed a sweeping tax bill on Friday, deciding against doing a formal signing ceremony early next year because television news networks questioned whether he would keep his promise to sign the legislation before Christmas.
Mr. Trump said he saw the coverage Friday morning and called his staff to say that the legislation needed to be signed “now,” prompting a last-minute Oval Office ceremony for the president’s greatest achievement in his first year in office.
“We did a rushed job today,” Mr. Trump said at the bill signing. “It’s not fancy, but it’s the Oval Office. It’s the great Oval Office.”
The bill was the most significant overhaul of America’s tax system in decades and a legislative victory for Mr. Trump, who has struggled during his first year in office to pass major bills that would deliver on campaign promises, even with Republicans having the majority in both chambers of Congress. Republicans promise the new tax law will benefit the middle class, but Democrats have warned that the law could be harmful to the country.
“It’s going to be a tremendous thing for the American people,” Mr. Trump said.
Before signing the legislation on Friday, Mr. Trump said in a Twitter post that companies were celebrating the bill’s passage with bonuses for workers.
During the signing ceremony, Mr. Trump said, “Corporations are literally going wild over this.”
There was some discussion in Congress and at the White House that Mr. Trump should consider delaying the signing until early 2018 as a way to delay automatic spending cuts that could have been triggered by the tax cuts. In addition, some companies said that would give them more time to adjust to the major changes that the new tax code will mean for their businesses.
However, once Congress reached a deal this week to avoid the possibility of the spending cuts, White House officials signaled that Mr. Trump wanted to sign the bill into law as soon as possible.
Continue reading the main story