WASHINGTON (AP) - President Donald Trump said he wants to push a new middle-income tax cut through Congress after the midterm elections, though he's not offering specifics on the plan.
Trump said Monday he's looking to cut taxes by about 10 percent for middle-income people. The proposal follows the massive tax law Republicans muscled through Congress late last year and Trump signed as his major legislative achievement.
With the midterm elections in two weeks, polls have shown only tepid support among voters for that package of individual and corporate tax cuts that took effect Jan. 1. It provides steep tax cuts for corporations and the wealthiest Americans, and more modest reductions for middle- and low-income individuals and families.
Trump, leaving the White House for a campaign rally in Texas, told reporters, "We're doing it now for middle-income people. This is not for business. This is for the middle."
Coming so close to critical elections, the proposal appeared to be a tacit acknowledgement by the Trump administration that the $1.5 trillion package of tax cuts failed to deliver the political traction that Republicans had hoped for.
"This is just a political exercise," said Steven Rosenthal, a senior fellow at the nonpartisan Urban-Brookings Tax Policy Center. "Republicans are realizing they have to do more to help the middle class."
The lukewarm response to the tax law prompted Republican lawmakers to speed new legislation through the House in September, as they rushed out of town to face voters, to expand the tax law. The new bill would make permanent the individual and small-business tax cuts in the law. Prospects in the Senate for the legislation were weak.
Trump said over the weekend he hoped to move forward with the plan "sometime around" or before Nov. 1. But Congress is currently out of session as lawmakers campaign for the Nov. 6 elections.
"We're putting in a resolution sometime in the next week or a week and a half, two weeks," Trump said Monday.