tv House GOP After Tax Reform Vote CSPAN December 20, 2017 12:42am-12:52am EST
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learned and ignored during the war. >> we learned the limits of military power during the vietnam war. we learned that as a society, as a culture that you cannot kill an idea with a bullet. tv thiscan history weekend on c-span3. c-span, where history unfold daily. in 1979, c-span was created as a public service by america's cable television companies, and is brought to you today by your cable or satellite provider. after passage of the tax reform bill in the house, speaker paul ryan and other republican leaders spoke to reporters about the changes in tax policy, and the benefits to taxpayers and dismisses. this is 10 minutes.
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>> when house republicans began this journey, we had two goals in mind, we believe americans it deserved a tax bill for growth, growth of their job and paychecks for america's cup economy. we believe america cannot leapfrog to the best place in the planet for the next new job and next new business. today, we achieved those goals. as we go forward, i want american taxpayers to think of three dates and keep them in mind.
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, new year's day, america will have a new tax code for a new era of american prosperity. in february look at your paychecks. you will see the tax relief we delivered today. on april 15, you will for the last time, file your taxes under this horrible tax code that we are putting behind us for the american people. together, we did this with the leadership of our house and speaker paul ryan. the work that has been done by the american people through their representatives, we are delivering a new tax code. i want to thank chairman brady for the work he has done bringing this conference together. and having this bill pass the floor today. i will move over to the senate intot will pass and move law. every american who has fought for a pay raise, every parent,
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ever -- every american who dreamed of opening a small business, we heard you loud and clear. that is what this bill is about. cuts about the american back, the opportunity to let you keep more of what you have earned. to make americans more competitive around the world. and to make sure small businesses have an ability to compete. it will be the lowest rate they have seen in the 40 years. it will double the standard deduction. check,bruary, check your because you will get a raise in your payroll of what you will see based on what happened today. this is an historic day. if you are somebody who has been working hard and you want to keep more of your hard earned money, this is an historic day for you. if you are an american like those of us here that are tired of seeing jobs shifted overseas
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because america had highest corporate tax rate in the industrialized world and we could not compete anymore, this is an historic day for you to finally see those jobs come back to america. if you're somebody who has been sitting on the sidelines after eight years of sluggish growth when the economy is growing at less than 2.5%, so you gave up looking for work, this is an historic day for you because you have that shot at the american dream. we are building a tax code that works for families, creates jobs , makes america competitive, and allows americans to put money in their pockets. dream. we are building a tax codetheret went into this. chairman brady, speaker ryan, the ways and means committee worked tirelessly for months, and our attitude from the beginning is failure is not an option, because the american people have been waiting too long for this relief. the last time something historic like this happened was in 1986,
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and when ronald reagan was signing that bill into law he talked about how he never gave up. a headline read that this was a day that many felt was not possible, but ultimately became inevitable. today, the impossible became the inevitable again. it is a hopeful day, a brighter day for all americans and their families. if you think about the impact of this package on every day americans it is so clear whether mom, i dad, a student, a senior, a small business owner, everyone will have an opportunity for a better life. that is why we are so excited, to see the tax cuts passed the house with such a big vote. as we move forward, we will continue to celebrate what this bill has to offer. and you think about burning down tax rates for all americans, for those who want to grow a business am i create jobs, this is a beginning for a new right
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teacher. that is why we are so excited for what it means for people, every day americans who have been doing the right rings, who feel they are falling behind, they have a brighter future. thinking to start off the american people for sending us here to do this work for them. this is one of the most legislationeces of that congress has passed in decades to help the american worker, to help grow the american economy. this is profound change that is going to put our country on the right path. for all those millions of men and women living paycheck to paycheck and struggling to get ahead. help is on the way. for all the businesses that are tied with one hand behind their back in this global economy, help is on the way. i want to thank chairman brady. i want to thank the men and
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women who made this possible. this has been a long work in progress. what this achievement marks is a promise that this majority made that is a promise this majority is keeping. we said in 2016 it would take real tax reform for families and businesses to get the american economy growing, and we were serious. put theiran people trust in us to do this work for them, and today we are making good on that promise and fulfilling that promise. this promise being kept today is one of the most important things we could do to get the u.s. economy growing faster, to help people get bigger paychecks, to have a fairer tax system and semper fi the system so people can have more peace of mind. on january 1, americans will wake up with a new tax code. in february they will see withholdings go down and see that your paychecks. april 15 will be the last day they have to comply with the
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old, bad system. this is a good day for america, a good day for workers, a great day for growth. thank you. you have spoken often about the tax cuts americans will see in the first few years of the plan. what can you say about the tax-cut individuals will see in the end of the next decade, because analysis shows -- towe have every intention make those permanent. it is our intent to make those permanent. congress does not have a great track record of planning to do something later and then following through. how can you guarantee americans they will still see the benefits -- >> look at what we are doing now. we have been planning to do this all year long. 2016, we spent 2017 working on this legislation. we are getting it done. this is a promise made and a promise kept.
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>> the lack of democratic support, does it mean this tax overhaul is a vulnerable the same way the affordable care act was honorable and ultimately changed? is a nonmparison sequitur because the affordable care act proved to be non-popular. it made health care unaffordable. this will do the opposite, and grow economy, increase take-home pay, and that will be popular. thank you very much. >>
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