Trump to sign tax bill before leaving for holiday

House Minority Leader Nancy Pelosi speaks during a news conference in opposition to the Republican tax bill on Dec. 19 2017 on Capitol Hill in Washington

And that was OK with him.

President TrumpDonald John TrumpHouse Democrat slams Donald Trump Jr. for "serious case of amnesia" after testimony Skier Lindsey Vonn: I don't want to represent Trump at Olympics Poll: 4 in 10 Republicans think senior Trump advisers had improper dealings with Russia MORE offered pens to members of the media on Friday after signing the Republican tax bill into law. He also signed a temporary spending bill to keep the government running and provide money to upgrade the nation's missile defenses.

The plan, which critics say benefits the wealthy more than the middle class, lowers the corporate tax rate down from 35% to 21%, almost doubles the standard deduction for individuals, repeals the individual mandate in the Affordable Care Act and restructures the way pass-through businesses are taxed.

The first major overhaul of the nation's tax laws since 1986 could add $1.5 trillion to the national debt over the next decade, according to the Congressional Budget Office. But some in the GOP worry their party could face a political backlash without an aggressive public relations tour.

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"Everything in here is really tremendous things for businesses, for people, for the middle class, for workers".

The bill's signing ends the president's first year in office on a high note.

Trump also pointed to a number of companies that have said they are using part of their savings to give bonuses to their employees.

He praised the press just hours after attacking the "fake mainstream media" on Twitter.

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"We are compiling a long @ attractive list", he tweeted.

Trump said he was going to wait until January to sign the bill in a larger, more ceremonial setting until he saw television news coverage Friday morning speculating about whether he'd sign it before Christmas. But he scrapped plans for a more formal signing ceremony in the new year to get it signed before heading to his Mar-a-Lago resort in Florida. "So here you go folks".

Trump held an event with lawmakers on Wednesday to celebrate passage of the tax bill.

And there was no looking back. Asked whether he has any regrets over his first 11 months, he shook his head no.

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