Republicans in Congress bask in victory celebration on tax cuts

After failing to act on GOP plans to overhaul the Obama health law, Republicans erased a good deal of legislative frustration this week by approving a sweeping package of tax cuts, following through on one of their major campaign promises from 2016.

"We had a historic victory for the American people," President Donald Trump said on Wednesday to big cheers from GOP lawmakers assembled behind him at the White House.

"It's the largest - I always say, the most massive - but it's the largest tax cut in the history of our country," the President added, as he publicly thanked GOP leaders in the Congress.

Some thoughts on what the GOP achieved, and what they did not.

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