Chuck Grassley: “Just think what these families can do with those dollars if we let them keep their hard-earned money instead of taking…”

“Just think what these families can do with those dollars if we let them keep their hard-earned money instead of taking it away to squander in Washington. For example, I know the cost-of-living in California is high, but $15,800 in the pockets of the average household in that State would buy quite a bit. If they decide to pay down early on their 30-year mortgage, the interest saved would save them a tremendous number of house payments. It can buy kids clothes, family vacations. Let the family decide how to spend it. The tax savings offered to the residents of each State is laid out in these charts, and I hope our constituents in each of these States hold us accountable to provide tax savings. It is time to wrap up the debate on whether the Finance Committee will have an opportunity to cut taxes up to $1.6 trillion over 10 years. I underscore the word ``opportunity'' because that is what this debate is all about: the opportunity for a tax cut.”