President Donald Trump signed “The Tax Cuts and Jobs Act” into law Friday and credited the “networks” for getting him to enact the law before Christmas.
“We were going to wait until January 7 or 8 and do a formal ceremony, but every one of the networks were saying, ‘Will he keep his promise? Will he sign it before Christmas?’ And so I immediately called, I said, ‘Let’s get it ready,'” Trump told reporters in the Oval Office. (RELATED: Trump Maintains He Has A Light TV Habit, Sources Say Otherwise)
The tax bill is estimated to give 80 percent of taxpayers a tax cut, and represents Trump’s first major legislative victory.
Trump told reporters the bill is the “biggest tax cuts and reform in our country… I’m very honored by it.”
The tax package also eliminates the Obamacare mandate to buy health insurance and allows oil drilling in Alaska’a National Wildlife Reserve.