Political Quotes

“Mr. Speaker, I rise today in strong support of the fiscal year 2018 budget resolution, which is a critical first step to achieving comprehensive tax reform and making the American economy great again. I also applaud Chairwoman Diane Black for her leadership in producing this budget. Our Nation has not significantly reformed our Tax Code in more than three decades, which has allowed the Tax Code to explode in complexity and unnecessary burden on hardworking American families and businesses. Moreover, while the United States is a world leader in innovation and entrepreneurship, we have failed to reduce our corporate tax rate, which stands at 35 percent, the highest in the developed world. And I would add, corporations don't pay tax; the American people pay tax. The unified framework unveiled earlier this year will simplify the Tax Code for everyone, eliminate wasteful tax loopholes, and reduce taxes on businesses. I am also pleased to see that the plan eliminates the death tax on farmers and moves to full expensing. Under this plan, the average family will see an increase in income between $4,000 and $9,000, annually. While I believe this budget is necessary to spur economic growth and increase wages, I am extremely disappointed that the Senate removed the $203 billion of mandatory spending cuts, given the challenge the national debt poses to our great United States.…”