Political Quotes

“Mr. President, I don't need to tell anyone that middle- class Americans have had a rough time in recent years. Stagnant wages and a lack of opportunities have left many American families stretched thin. Sending the kids to college, a secure retirement, putting something away for a rainy day--for too many families, these hallmarks of the American dream have started to seem more and more doubtful. A recent survey found that 50 percent of people in this country consider themselves to be living paycheck to paycheck. And about one- third of people in this country say they are just $400 away from a financial crisis. If anyone wants to know why we are taking up tax reform, this is why. We are taking up tax reform because it is not acceptable that 50 percent of Americans are living paycheck to paycheck and because it is not acceptable that one-third of voters are one unexpected car repair away from a financial crisis. How is tax reform going to help? For starters, our tax reform bill is going to make sure that hard-working Americans are taking home more money from every paycheck. We are going to cut income tax rates. We are going to double the standard deduction--the amount of Americans' income that is not subject to any income tax--and we are going to significantly increase the child tax credit. All these things mean that American families are going to see an increase in their take-home pay. They are going to get to keep more of their hard-earned money.…”