From the New York Times, I'm Michael Barrow. This is the Daily.

Today, as they lobbied the Trump administration for a $1.5 trillion tax cut,

corporations promised that they would invest the savings right back into the U.S. economy.

Jim Tancersley investigates whether that actually happened.

It's Tuesday, November 19th.

To all Americans, I say it's time for change and time for leadership.

But just think about what we can accomplish in the first 100 days of a Trump administration.

We're going to have the biggest tax cuts since Ronald Reagan even...

Throughout the 2016 presidential campaign, Donald Trump had promised he was going to cut taxes.

We are proposing major tax relief for the middle class and lowering the business tax from 35%

all the way down to 15%. Big tax cuts for individuals and especially for businesses,

which he said was going to revitalize the American economy as a big part of his economic program.

And you will see companies expand, companies come back into our country, companies not leave our

country anymore because taxes and regulations are so onerous. It's one of his top priorities.

He gets into office, his team starts working on it, but it's not what they do first in Congress.

Finally, we want a very big tax cut, but cannot do that until we keep our promise

to repeal and replace the disaster known as Obamacare.

What they try to do first is repeal Obamacare.

This morning, Republicans are fighting to pass a new healthcare plan.

Right now, House Republicans just don't have enough votes to pass the replacement to Obamacare.

And in the spring of 2017, that effort is not going well and neither is Trump's tax plan.

Why not? Well, the version of the tax bill that Republicans are working on

...