On the recordOctober 26, 2017
I thank Chairman Black for yielding time. Mr. Speaker, I hear it all the time, and it is just a false narrative. This idea that the tax reform package presented by Republicans is only a tax relief for the wealthy and that the middle class and low-income families are not going to benefit from it is just absolutely untrue. We are talking about doubling the standard deduction. Millions of Americans aren't even going to pay any taxes. That is particularly important in rural areas like I represent in Ohio. So I would urge my colleagues, let's stop this false narrative that says that this is just a tax cut for the wealthy, because that is not true. By the way, when you cut taxes on businesses and corporations, who pays those taxes, Mr. Speaker? It is the American people who buy the products that pay those taxes. When they get a break, everybody wins. Look, the adoption of the Senate amendment to the House-passed budget that we are going to vote on today paves the way for tax reform. It is going to establish a path of balance through restrained spending, reduced taxes, and economic growth. It is going to allow for higher defense spending contingent on future adjustments to discretionary spending caps for defense and national security, but it begins to address our national debt. It reduces nondefense discretionary spending by over $600 billion over 10 years. It assumes more than $4 trillion in mandatory savings over 10 years.…





