President Trump was joined by Republican members of the Senate and House to mark congressional passage of the GOP tax plan on Wednesday at the White House. Mr. Trump said that the tax overhaul will bring companies and jobs back to the U.S. Photo: ShutterstockWASHINGTON—President Donald Trump and the GOP-controlled Congress, who opened their first year in full control of Washington on rocky terms, are closing it with a flush of late legislative achievements: a sweeping tax overhaul, a long-sought repeal of a pillar of the Affordable Care Act and a surprise deal to open up Arctic drilling. After the high-profile collapse of a health-care bill to replace Obamacare, the tax legislation itself is a victory that changes the narrative of the first year, some observers said.

Source: Wall Street Journal December 22, 2017 12:00 UTC