As President Donald Trump makes his first foray into congressional Republican negotiations over a federal government funding agreement, White House press secretary Karoline Leavitt outlined what he will be seeking regarding taxes.

President Trump laid out the important tax provisions that he wants accomplished this year by Congress in a meeting on Thursday.

The White House said the president wants to end a carried interest tax break prized by Wall Street hedge funds and private equity firms.

The White House outlined its tax priorities in a meeting with House GOP leaders on Thursday — a list that includes campaign promises like ending taxes on tips and Social Security benefits, a White House official tells Axios.

White House press secretary Karoline Leavitt joins "America Reports" to break down the Trump administration's efforts to clean up the federal government.

President Donald Trump says he will go after a tax break that big investors use to save billions on taxes but it's a promise he made during his first administration that didn't happen. Trump wants to end the carried interest exemption that allows hedge funds and venture capital investors to have their profits treated as capital gains instead of regular income,