On the recordDecember 4, 2017
Madam President, as the world knows by now, last Friday night--I guess early in the morning on Saturday--we passed the Senate's version of the Tax Cuts and Jobs Act, the first major overhaul of our Nation's tax system in more than 30 years. I want to express my gratitude to Chairman Hatch, the chairman of the Senate Finance Committee, who shepherded that bill through the committee. I thank him for his leadership, as well as that of Chairman Enzi, who led the reconciliation process in the Budget Committee. I know it is a complex, convoluted, and arcane process, but we couldn't have done it without both of those gentlemen. I also commend our majority leader, Senator McConnell, and all of our colleagues who worked together for proceeding with final passage and for negotiating in good faith. I have said before, and I will say it again, that one of the differences between this and healthcare reform is that everyone, I believe, on our side of the aisle wanted to get to yes, wanted to find a way to find a solution, and that goes a long way to getting to a solution. Last week, the majority leader rightfully referred to the process as a once-in-a-generation opportunity, and he is right. I am glad we got this bill across the finish line and will soon deliver to the American people the tax relief they deserve. Notwithstanding some of the propaganda that has been disseminated on this, the fact is, this bill benefits Americans of all stripes, including low-income families.…
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