Trump expresses optimism on tax reform

President Trump said in an interview on Fox Business he asked senators to pass tax reform with "no changes" and said again that he plans to declare the opioid epidemic a national emergency.
2:09 | 10/26/17

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Transcript for Trump expresses optimism on tax reform
To the white house now where president trump is pushing hard for tax cuts ahead of today's crucial vote in the house. In an interview he struck an optimistic note. I think the house is looking re really good. Passing this bill along rapidly. That will happen hopefully today and did want to make a couple of calls. I said, fella, please, no changes, just pass it along. Let's bring in Cecilia Vega and, Cecilia, the president optimistic but we're already seeing a tug-of-war over 401(k)s. Reporter: Yeah, George, but so have sources I've spoken to are not as optimistic as the president on this one. The president said definitively there will be no changes to your 401(k) But the top Republican on capitol hill, the person writing this tax reform plan says, no, actually there could be some changes under consideration, some sharp limits to what employees can contribute to their retirements. Here at the white house yesterday president trump seemed to muddy the waters yet again and said actually 401(k)s could be used as a negotiating tool as Republicans are debating and trying to figure out how to pay for his tax reform plan. The big deal right now, George, president trump needs Republicans in order to pass this but he's already alienated and frustrated some of his allies on his continual mixed messages on this one. Everyone wants tax cuts. Always differences in how to pay for it, as you said. Meantime, the president could make a major announcement previewing for some time an emergency on the opioid crisis but there's some nuance there. Reporter: Yeah, this is something he campaigned on. He first promised to declare a national emergency on this months ago. Sources here at the white house tell us that today the president will deliver what's being billed as a pretty big address on this topic. But he's not expected to declare the more sweeping national health emergency. He's going to call this a public health emergency. His own opioid commission had declared -- had recommended that he use the bigger phrase on this one. Nonetheless, though, George, experts are applauding it as something much needed. Drug overdose is the leading cause of accidental death in this country and a majority of that relates to opioids. No question it's a national crisis. Now to those highly anticipated documents about

This transcript has been automatically generated and may not be 100% accurate.

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