Sausage and legislation. This will be ugly. There's going to be some guts and bones and entrails mixed in. But we will get to yes. Because If we don't, on December 31st, the Trump tax cuts expire and an automatic $4 trillion tax increase kicks in. No Republican in the House or Senate wants that to happen. So I think we will get there. But there will probably be a lot of twists and turns between here and the final destination. (02:43–02:54)
CLAIM
Asserts that the Trump tax cuts will expire on December 31st, leading to a $4 trillion tax increase.
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.
