In President Trump's address to Congress on Tuesday, he promised to bring "historic" tax cuts. Zachary Karabell, a contributing editor at Politico, spoke to CBS NEWS about the steps that need to be taken for this tax plan to become reality.
Trump has proven adept at taking credit via tweet for a series of decisions by multinational companies to invest in factories and hiring in the United States, most recently the announcement by Fiat (which is part of Chrysler Motors) to invest $1 billion to modernize two of its auto plants in Michigan and Ohio.
From The Daily Beast
Donald Trump's plans to appoint Exxon CEO Rex Tillerson as secretary of state has been clouded by confirmation from the CIA that Russian security services engineered the release of hacked information designed to hurt Hillary Clinton’s campaign.
Those who have been hard-hit by the dual forces of globalization and technology flocked to Trump's promise to restore jobs and wages, convinced with good reason that only a radical choice for president had any chance of reversing or at least halting these trends.
Republicans have come to view Barack Obama not just as an ideological enemy but as a “dictator” — a president who has unconstitutionally abused his executive power with an array of unilateral actions.
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