Making the impossible inevitable

Dec 19, 2017 Issues: Taxes and Economy

WASHINGTON, D.C.—As the House prepares to vote this afternoon on the Conference Report to the Tax Cuts and Jobs Act, Majority Whip Steve Scalise (R-La.) spoke about the need to pass this legislation on the House floor:

Click on the image above to view his remarks


"Thank you, Mr. Speaker. And I want to thank Chairman Brady for yielding time and for his leadership and the entire group of conferees on bringing this tax cuts and jobs bill to the floor. I want to thank President Trump for working with us every step of the way, to bring us to a historic moment where we're actually going to provide tax relief to hardworking families.
"You know, there are those on the other side that would say, keep all the money in Washington, stunt economic growth, continue to let America be noncompetitive, where we see jobs go overseas, over and over again. Large companies, thousands of jobs at a time, moving to foreign countries because we have the highest corporate tax rate in the industrialized world. Well, Mr. Speaker, it's time for that to end, and we do end that in this bill. We finally make our country competitive again, so we can bring those jobs back. Why deny opportunity for so many people who want a chance at the American dream?
"In our bill, Mr. Speaker, we cut every single tax rate and make it lower. That's more money in the pockets of hardworking families. On average families are going to see over $2,000 more back in their paychecks every year. That's real money. When you look at right now average savings for families is $400 in their checking account. This real money to help people have better opportunities, to go put more money in their kids' college tuition account.
"When you look at what this means, it's not only good for economic growth, creating jobs, and rebuilding our middle class; it’s historic in the simplification where over 90% of American families will actually be able to do their taxes on a postcard. Just think of how simplified that makes the code.
"You know, the last time this was done was in 1986 and when Ronald Reagan was signing that bill, he talked about how hard it was and how many times people said it couldn’t happen. In fact, Ronald Reagan read a quote from a headline, and he said, ‘the impossible became the inevitable.’ Today, Mr. Speaker, we make that impossible the inevitable again, and restore that hope and opportunity for so many families that just want a chance at the American Dream. We give them that.
"Let’s pass this Tax Cuts and Jobs bill today [and] get it on President Trump’s desk so we can finally see this economy going again. What a great Christmas present this is going to be to the American people. I urge everybody to vote yes, and I yield back the balance of my time."