McConnell Says Tax Bill ‘A Big Step Forward In Turning The Ship Around For American Families’
‘The Senate Finance Committee, under the leadership of Chairman Hatch, has put forward much-needed tax reform that will give hard-working, middle-class families across America more money in their pockets, more economic opportunity and security, and more jobs here at home.’
WASHINGTON, D.C. – Senate Majority Leader Mitch McConnell (R-KY) issued the following statement today on the Tax Cuts & Jobs Act:
“The Senate Finance Committee, under the leadership of Chairman Hatch, has put forward much-needed tax reform that will give hard-working, middle-class families across America more money in their pockets, more economic opportunity and security, and more jobs here at home. This proposal is years in the making. It is the product of dozens of hearings over a period of many years, and has been guided by Republican and Democrat Chairmen and Ranking Members of the Finance Committee. This plan reflects the consensus views of the members of the Senate’s tax writing committee and the unified framework put forward by the House, Senate and the Trump administration.
“As the legislative process moves forward, each and every member of this body should bring their ideas to the table through an open and robust amendment process – first through committee and then on the floor.
“Make no mistake about the importance of this proposal to the millions of Americans who’ve seen their jobs shipped overseas, seen economic opportunity dwindle and who’ve rightly demanded a more prosperous future. While some have experienced enormous prosperity over the last decade, far too many families have struggled. This is another big step forward in turning the ship around for American families. It is why many of my colleagues on the other side of the aisle for years have called for tax reform, because they know our current tax system puts our nation, our small businesses and our middle class at a disadvantage. I hope they join us in this critical effort, because we cannot let partisanship get in the way of delivering results to those we represent.”
Related Issues: Economy, Tax Reform, Taxes