In a morning tweet, the president said, "With just a few changes, some mathematical, the middle class and job producers can get even more in actual dollars and savings."
Trump and Senate leaders are trying to balance competing demands, as some senators fear the package would add to the nation's mounting debt, while others want more generous tax breaks for businesses. In a boost for the legislation, Republican Sen. Rand Paul of Kentucky said he would back the measure.
Afterward, Sen. John Cornyn of Texas, the No. 2 Republican in the Senate, said the plan is to vote on the current tax bill this week, then work out the differences between the Senate bill and one passed by the House earlier this month.
"We think the Senate bill made some substantial improvements over the House bill but we'll work through those when we get to a conference committee with the House," Cornyn told reporters.
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But as of today, GOP leaders were still trying to round up the votes in the Senate to pass the bill.
Trump suggested he is open to making unspecified changes to the way millions of "pass-through" businesses are taxed, a sticking point for some lawmakers. These are businesses in which profits are passed onto the owners, who report the income on their individual tax returns. The vast majority of US businesses, big and small, are taxed this way.
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