Political Quotes

“I rise to discuss the impact that tax reform is having in my home State of Arkansas. Despite what you may have heard from those who opposed the Tax Cuts and Jobs Act, including House Minority Leader Pelosi's infamous description of the tax plan's benefits as ``crumbs'' and the passage of the plan as ``the end of the world, Armageddon,'' the economy is responding incredibly well to the changes we made to the Tax Code. I have long believed our economy has struggled under the weight of an outdated, inefficient, and ineffective tax system. Now, businesses are beginning to do the math and are realizing that the Tax Cuts and Jobs Act will mean more savings. As a result, many have announced they are passing some of these savings on to their employees or will now be seeking to grow and expand operations. As of today, more than 350 companies have announced pay raises, bonuses and/or 401(k) increases, benefiting over 4 million Americans. According to a recent National Federation of Independent Business survey, 32 percent of small businesses believe now is a good time to expand--the highest level ever recorded by this survey. This is happening across the country and in Arkansas.…”