The CNBC contributor is already an informal advisor to the president.
Middle-income Americans “are getting the largest percentage tax savings of anyone in the whole distribution," he says.
Only a third of people contribute anything to their retirement accounts.
The president says he doesn’t support Rubio's proposal to pay for expanding the child tax credit.
If Democrats and Republicans do not reach a deal on spending by Dec. 8, the federal government could face a partial shutdown.
President Trump will also tell House Republicans that he wants the tax bill to eventually be bipartisan.
The White House has not consistently explained how the plan would work, and most people don't think they would benefit.
Republicans have been mulling lowering the annual deduction to as low as $2,400.
Four members of Trump's cabinet are now embroiled in controversy regarding their use of military and private jets.
Trump’s trade-focused executive orders fulfill a campaign promise to rewrite America’s trade policy.