WASHINGTON, D.C.— House Majority Whip Steve Scalise (R-La.) made the following statement regarding the passage of the Tax Cuts and Jobs Act report out of the conference committee today:
“For the first time in over 30 years, Republicans in Congress will deliver tax relief to hardworking families with this Tax Cuts and Jobs Act. Our bill will get our economy moving, create jobs, and make America competitive again so we can bring those good jobs back home that moved overseas during the last ten years. We cut taxes at every income level, double the standard deduction and child tax credit, and simplify the tax code so that more than 90% of Americans will be able do their taxes on a postcard. I want to thank our Ways and Means and conference committee Chairman, Kevin Brady, and all of the conferees for their tireless work in producing a final bill that achieves all the goals we set to create jobs and get our economy back on track. Next week, we will vote to send this bill over the finish line to President Trump’s desk so he can sign it into law by Christmas, ensuring Americans can look forward to more money in their pockets, and more job opportunities as we head into the new year.”
Click here to read the full text of the bill.
Click here to read a summary of the bill.
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