Political Quotes

“Mr. President, we are in the middle of a very protracted conversation about tax reform. This conversation started in January. I have heard people say that it has been rushed through at the end. We started in January, and we are starting month 12 of this process: hearings in the House; hearings in the Senate; different drafts coming out, shot down, starting over again, and coming back and forth. Now we are starting our 12th month of going through this process. As we get close to the end, I want to outline a few things we are actually working on to be able to send back to this body and the American people--what is actually happening here. The focus of this from the beginning--from the very start--was two simple things: How can we reduce the rates for individuals so they can keep more of their own money and spend their own money, which stimulates the economy? The second aspect was this: How can we simplify the system? There is a lot of back and forth on the final details of it, but those two things are very clear. This dramatically simplifies the tax structure that we have, and it reduces rates for people, so that people have more of their own money to be able to spend, and businesses have more of their own money to be able to invest in their businesses, to be able to pay their workers more, to be able to buy more equipment, and to be able to expand their businesses. That helps everybody in the economy.…”