And finally, of course, Mr. President, this work period will be we will focus, I should say, on taking up legislation to permanently extend tax relief for hardworking Americans, strengthen our border energy and national security. The tax relief that Republicans passed in 2017, The tax relief that Republicans passed in 2017...is set to expire at the end of this year. And if Congress doesn't act, Americans making less than $400,000 a year will see a $2.6 trillion tax hike in 2026. We are not going to let that happen. (02:54–03:06)
CLAIM
Asserts that the 2017 tax relief legislation is expiring at the end of the current year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.