Portion of a lot of that will go toward extending the 2017 Trump tax cuts. And there'll also be some different components that we've heard about. We're not sure what the combination would be. But No tax on tips, no tax on overtime would be two of the big components for sure. And then there will be some, I wouldn't even call them spending cuts. I would call them spending reforms. And savings in many cases will be waste, fraud and abuse. (01:06–01:12)
CLAIM
Asserts that there will be no tax on tips and no tax on overtime.
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.