On the recordMarch 13, 2018
Mr. President, I come to the floor today to express my strong support for the legislation we are debating, which will restore economic opportunity, create jobs, help businesses grow, and help every Nevadan as they work to achieve the American dream. As a member of the Senate Committee on Banking, Housing, and Urban Affairs, I can tell you that this legislation is years in the making, and I wish to thank the chairman of the committee, Senator Crapo, and my fellow colleagues who are on the committee for their efforts to get us where we are today. For years the economy had been growing slowly after the great recession. It was like a truck with a bad transmission. It was moving, but it wasn't going anywhere fast. Today everything has changed. The American economy has been primed, the engine has been started, and through the work of the Senate and President Trump, the gas pedal has been hit, and our economy is finally going full speed ahead. Just a few month ago, we passed historic tax cuts for Nevada families and for Nevada businesses. A typical Nevada family of four will roughly get a $2,200 tax cut. We lowered the individual rates across the board and doubled the standard deduction used by most Nevadans, allowing them to keep more of their paycheck. This bill also included my efforts to double the child tax credit, from $1,000 to $2,000, further easing the tax burden on working families.…





