
May 13 (Reuters) - U.S. President Donald Trump said Tuesday that the newly unveiled tax legislation is well-positioned to pass, following the release of the House Republicans' tax plan details the day before.
"I'm pleased to report that the United States Congress is on the verge of passing the largest tax cut and regulation cut in American history ... that will be like a rocket ship for our country," Trump said during remarks at a business summit in Riyadh.