Political Quotes

“Mr. President, relief for American families is on the way. Last week, the Senate passed our version of the Tax Cuts and Jobs Act, a tax reform bill that will provide immediate, direct relief to hard-working Americans. Our legislation doubles the standard deduction, it doubles the child tax credit, and it lowers rates. Under our bill, a family of four making $73,000 a year will see a $2,200 tax cut, or a reduction in taxes of about 60 percent over what they are paying under current law. A single parent with one child making $41,000 will see his or her taxes drop from around $1,865 today to just $488 under our bill, a reduction of nearly 75 percent over what they are paying today. That is just the beginning. The tax bill before us today is going to provide immediate relief to hard-working families. It is going to immediately lower their tax bills. It is going to immediately mean more money in their pockets. But this bill is about much more than that. This bill isn't just about helping Americans today--although it is most certainly going to do that--the bill is about helping Americans for the long term. It is about giving Americans access to the kinds of wages, jobs, and opportunities that will set them up for a secure and prosperous future. The way we do that is by improving the playing field for American businesses. In order for individual Americans to thrive economically, we need American businesses to thrive.…”