On the recordOctober 26, 2017
I want to first thank the chairwoman for a phenomenal job. Look, our current fiscal environment, according to the CBO, they project that the growth of our economy will be 2 percent or less for the next decade. I am reminded of what a good friend and Democratic colleague in the Budget Committee said one day: That 3 percent growth, that is just a dream, that is unrealistic. Yet, before the storms hit, what did we see as far as our economic growth of the country: 3.1 percent economic growth, something that one of our colleagues, Democratic colleagues, said was a pipe dream. This is, in large part, because excessive regulations have been curtailed by both the administration and by Congress; but to keep that momentum, we need to pass tax reform. It will lead to a sustained strong economy. It will again lower the tax burden to our families. It will lead to increased wages for families, for the middle class, for individuals for the first time in such a long time, allowing the American people to keep more of their hard-earned money. It would make small-, mid-, and large-sized businesses more competitive so they can create millions of additional jobs here in the United States. Mr. Speaker, this legislation will allow us to do real tax reform to keep the economy growing, to get the economy going, to get the American people working again, and this is an essential part. Mr. Speaker, I urge everyone's support.
