'It's time' for tax reform

The Latest: Trump insists Mexico will pay for border wall

Trump rallied supporters as he tries to bring tax reform to the front of the agenda for Congress, as lawmakers return from the August recess next week.

In Washington, few disagree that tax reform is needed, but the "how" is the hard part.

President Donald Trump arrived in Springfield shortly before 1 p.m. Wednesday for his first visit to Missouri since his election.

The White House is dodging questions about the details, which will decide the plan's fate.

An official said Trump will discuss tax reform at a White House meeting next Tuesday with the "Big Six" tax reform negotiators: Mnuchin, Cohn, House Speaker Paul Ryan, Senate Republican leader Mitch McConnell and the Republican chairmen of two congressional tax committees.

Trump is expected to urge congress to act on cutting tax rates and simplifying the tax code.

If a lower USA tax rate on foreign profits encouraged US corporations to move investments offshore, it could hurt US workers' wages and productivity.

But Trump's mission on Wednesday, administration officials said, was to frame the debate, not lay out a detailed proposal. He said former President Ronald Reagan led the world by cutting corporate tax rates in the 1980's, boosting the US economy in the process.

A Deal with The Devil? Hezbollah Now in Talks with ISIS
Hezbollah has provided critical military support to Syrian President Bashar al-Assad during Syria's six-year-long war. A military source said Islamic State militants had "succumbed under fire and asked for negotiations".

"I believe this administration can and must do better in consistently and unequivocally condemning these groups and do everything we can to heal the deep divisions that exist in our communities", Cohn told the Financial Times in a striking rebuke of a president by one of his top advisers.

The event is not open to the public.

Trump also welcomed praised and thanked his daughter Ivanka Trump, who was in the audience.

"Anybody I forget?" Trump said, before moving on with his speech.

The administration insists that its tax reform plan does not include loopholes or tax cuts for the wealthy.

By expressing optimism Congress would pass a tax bill, Trump alluded to the Senate's inability to pass legislation to repeal and replace President Obama's health care law.

The economy has been bright spot for Trump's troubled presidency, with unemployment rates falling and growth rates reaching their fastest clip in over two years.

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