Roy Blunt: “the good news about the tax bill that I believe we will pass over the next few days is that it will go into effect on…”

“the good news about the tax bill that I believe we will pass over the next few days is that it will go into effect on the first day of January and people will quickly see, no matter how loud others are talking, the exact facts. For work done in January, people who get that check in January or February or whenever they get paid for their January work--there is going to be a substantial tax decrease for working families at all levels. Our friends want to talk about what happens after 2025 or 2027, but surely the Congress can do its job between now and then. This is a pro-growth policy. There are two ways to increase people's take-home pay, and we are going to pursue both of them. One is to take less out of your pay right now. That will happen not a year from now and not a year and a half from now; that will happen next month. So next month, when people get their paychecks, it will be clear to them who had the facts and who didn't have the facts on this. The second way it will increase people's pay is by having better jobs to start with. Hundreds of economists who have looked at this bill say that it will make the United States of America the best place to invest money and create jobs, and I think we will know sooner rather than later that that happens.…”