Political Quotes

“Madam President, this week marks the second anniversary of the passage of the Tax Cuts and Jobs Act--December 2017--when the biggest tax cut in the history of the country was passed by the Congress. It has been very successful. The reason I come to honor this second anniversary is because polls show that people don't realize the benefits of the tax cuts. Some of them even wonder: Did we get a tax cut? I have some appreciation for that because I spent 10 years on an assembly line in Cedar Falls, IA, and probably if I got a 50-cent cut every week, I wouldn't know until the end of the year that that added up to $250 more in my pocket. So under the circumstances of the working men and women of America, it might be difficult to know that. Studies show a great benefit to the middle-class families from this tax cut. Thanks to these historic tax cuts and reforms, Americans do in fact have more money in their paychecks and their pocketbooks. Individuals and families have more to spend or, if they want, to save it, and maybe a lot of people save for retirement. Small businesses and entrepreneurs benefit from the tax cut. They have more to invest in their employees and in their business operations, and they probably hire more Americans. As a result, we have experienced the longest U.S. economic expansion in history, higher wages, and historically low unemployment--the lowest since 1969.…”