This Day in Trump, Day 55: ‘Clearly the president is wrong’ on wiretap claim – Dallas News

Tax experts are well acquainted with Johnston, who won the Pulitzer Prize in Beat Reporting in 2001 “for his penetrating and enterprising reporting that exposed loopholes and inequities in the U.S. tax code.”

The president’s “FAKE NEWS!” epithet seemed focused on Johnston’s claim that he’d received the partial tax return unexpectedly by mail. Trump has claimed that disclosing his tax form was illegal but neither he nor aides have disputed its authenticity.

Speaking with reporters aboard Air Force one en route from Detroit to Nashville, White House press secretary Sean Spicer called it “preposterous” to think the exposure of this tax document would prompt the president to release tax returns, as presidents — and presidential nominees –have done for decades, before Trump.

“It is illegal to publish somebody’s individual tax returns,” Spicer asserted. He called it “despicable” and “reprehensible” and flatly rejected speculation that Trump himself had slipped the tax forms to the reporter.

Notable numbers

0.25 percent: The Federal Reserve decided Wednesday to raise its benchmark short-term interest rate by a quarter percentage point. The move will push up costs for home mortgages, car loans, credit card debt and small business loans. It reflects growing confidence in steady economic growth, and is the third hike since December 2015.

The Dow

20,950: The Dow rallied on news of the Fed rate hike, closing at 20,950, up 112 points (0.54 percent) but still shy of the 21,169 record set two weeks earlier. Other U.S. market indices also rose.

What’s next

The White House will unveil a budget blueprint on Thursday morning that reportedly will slash EPA’s budget by 31 percent, cutting the agency to its lowest level in 40 years.


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