Sarah Sanders: Dems Watched Movie, Talked Taxes With Trump Monday Night

White House demurs on Trump’s UFO stance

The White House on Thursday defended President Donald Trump's claim that the newly passed tax reform bill would cost him a "fortune", while adding, however, that his businesses may in fact benefit from it.

During today's White House press briefing, Sarah Huckabee Sanders was basically asked if President Donald Trump believes aliens exist. "That's actually not the case".

Sanders replied that "it likely will, certainly on the personal side, could cost him a lot of money", but quickly added that "the president's focus hasn't necessarily at all been on himself". "We anticipate that they're going to go up as more and more of these things continue to happen". "And priority number one is middle-class Americans".

Sanders was briefly taken aback, and she joked that maybe aliens were in the room with them already.

"I believe there were about 35 different lawmakers that came for a little bit of a more relaxed time here at the White House", Sanders said.

TCW Group Inc. Trims Stake in Eli Lilly and Company (LLY)
After $1.05 actual EPS reported by Eli Lilly and Company for the previous quarter, Wall Street now forecasts 2.86 % EPS growth. Keefe Bruyette & Woods maintained Prudential Financial, Inc. (NASDAQ:RNET) on Wednesday, August 5 with "Hold" rating.

Beyond specific provisions that we know will benefit Trump - like repealing the estate tax and the AMT - the tax cut bill's benefits are generally skewed toward wealthy people like Trump, who claims to be a multi-billionaire.

"Look, I said that in some ways, particularly on the personal side, the president will likely take a big hit, but on the business side he could benefit", she said.

Multiple analyses have shown that one of the primary beneficiaries of the tax bill will be commercial real estate, the business from which Trump and his family members receive the majority of their income.

Pressed on why Trump will not release his tax returns to make clear to the American people how the legislation would impact his personal bottom line, Sanders said the returns would not be released because they were "still under audit", a rationale Trump and the White House have used for the better part of two years to explain why he is not releasing the returns.

The Democratic National Committee pushed back on Sanders's comments later in the day.

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