Trump predicts ‘monumental’ tax bill will pass

WASHINGTON (AP) — President Donald Trump says he’s seen the latest version of the $1.5 trillion tax overhaul package moving through Congress and he predicts it will do “very, very well.”

The president told reporters Friday Republicans should be in position to pass the package as early as next week and says it will be “monumental.”

Trump also addressed prospects for increasing the child tax credit, one of the final sticking points in negotiating the package.

He said that where Democrats have “done nothing” for children, the plan will include “a tremendous child tax credit and it is increasing on a daily basis.”

The size of the child tax credit was one of the final points being ironed out as GOP leaders drive to push through their big tax package.

The GOP leaders are trying to muscle the bill through Congress next week, handing Trump his first major legislative victory by Christmas.