KEITH J. ROTHFUS: “Seniors in my district could pay as much as $900 more per year as a result of these cuts.”

Our financial sector has undergone significant changes in the past few years. We have witnessed a distressing trend of consolidation and closures, driven, in part, by overregulation.

But some of the data has really come in, and according to the Bureau of Labor Statistics, wages for most workers, by 80 percent, are actually down since the tax cut passed.

Last year, Congress passed a multi-trillion dollar tax cut for--as you are well aware--and I think the theory behind it is as reported in the press and by some of my colleagues was that it would spur investment and thereby increase hiring…

An important principle supporting this effort is that we need to consider the cost and benefits of any major change.