Trump, leaders work on tax reform

WASHINGTON, D.C. (CBS) – Republican leaders have moved on to the next big ticket item on the president's reform. On Tuesday, administration officials met with lawmakers on Capitol Hill to work on a plan. But first, they have to come up with a budget deal.

Courtesy: CBS News

The Trump administration is pushing ahead trying to reform the nation's tax system for the first time in three decades.

On Tuesday, the President's Treasury Secretary and top economic advisor met with Senate Majority Leader Mitch McConnell and GOP members of the budget committee.

Republicans are still writing the bill so the details are thin, but they say their goals are clear.

"Keeping jobs in this country, keeping our companies competitive in the global market place and making our tax code much simpler than it is today," said Senator John Thune, D, South Dakota.

President Trump is also working to sell his tax bill. He hosted a bipartisan group of senators Tuesday night for dinner at the White House.

"I think it's to start that conversation, start talking about things we all agree on," said White House Press Secretary Sarah Sanders.

The guest list included Republicans John Thune, Pat Toomey and Orrin Hatch, of Utah. Democratic senators Heidi Heitkamp, Joe Manchin and Joe Donnelly also attended.

"Well if we have the right plan that really grows the economy and helps America, everybody should be interested in that," said Senator Joe Manchin.

All three Democrats face re-election next year, representing states President Trump easily carried during the last election, making them the most likely to work with the President on his agenda.

Heitkamp, Donnelly and Manchin are also the only three Democratic Senators who did not sign a letter from Minority Leader Chuck Schumer last month stating that the Democratic caucus would not support a tax overhaul that cuts taxes for the wealthiest America, or adds to the government's debt.