Trump predicts tax overhaul will be done by Christmas

"I really believe we'll have it done before Christmas. I consider that to be one of the great Christmas presents," the president said. "And not just the reform and not just the tax cuts, but we will be creating jobs like you have rarely seen in this country."
1:53 | 11/02/17

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Transcript for Trump predicts tax overhaul will be done by Christmas
When I think the majority leader Kevin McCarthy for joining us this afternoon he has been so terrific in so many ways and I will tell you he's working very hard earned tax cuts in fact so are. Surprise he is this must be truly great company which it is your. Community here is you've been pretty busy. Just. You did and it was a good press conference did. Brooke are limited is a 100 fortune 100. Company. One of the really great great companies. In manufacturing technology and parts. They employ over 7500. American workers in many states across our country we're looking forward to seeing that we're drovers it's actually which is now. Anticipated. To do. They move back to the United States into the United States is something very very special and very important for working to give the American people. A giant tax debt. For Christians we are giving them a big beautiful Christmas present in the form of a tremendous tax cut. It will be the biggest cut in the history of our country. It'll also be tax reform and create jobs. Today the house Ways and Means Committee. Unveil a historic tax reform bill that will create tremendous prosperity. For our nation. We will provide a massive tax cut for American friends we will make the tax code simpler. And fair they see the tax movement that's gonna happen and I really believe we'll have a dozen people are. Christmas I consider that to be one of the preakness business. Presence and that's yes there was war and not just. Tax cuts but we will be creating jobs. Like you have rarely seen. In this country.

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

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