(CNN) — President Donald Trump signed the Republican tax cut bill Friday morning before leaving for his Christmas break in Florida.
He also signed the continuing resolution that will keep the government open through January 19. That includes $4 billions for missile defense.
The House and Senate passed the tax measure into law earlier this week, delivering Trump his first major legislative victory of his first year in office.
Trump touted the tax measure as a bill that has something for everyone.
“All of this, everything in here, is really tremendous things for business, for people, for the middle class, for workers,” he said. “I consider this very much a bill for the middle class and a bill for jobs.”
Trump, after noting companies that announced plans to help workers after the tax bill passed, added, “Corporations are literally going wild.”
Despite the bill having low approval ratings before Congress passed it this week, Trump said he believes the public will come around once people see the benefits in their paychecks next year.
“I don’t think we are going to have to do much selling,” the President said.
According to the Congressional Budget Office, the new law could swell the national debt over the next decade.
The-CNN-Wire
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