WASHINGTON, D.C.— House Majority Whip Steve Scalise (R-La.) joined Fox Business Network’s Mornings with Maria this morning to talk about next steps for the Tax Cuts and Jobs Act and what that means for hardworking families all across America.
On next steps for the Tax Cuts and Jobs Act…
“Any time you’re doing something this big, the vote margin is always tight. You know, we had a tight voter margin in the House, but we actually put up a strong number coming out of the House, and then the Senate delivered. They actually passed a bill, too, and as we’re in conference committee, I was talking to some of the conferees over the weekend on some of the issues they’re trying to resolve, and frankly, I think you’re going to see this bill continue to get better.
“It’s already a big one for middle-class families. Every rate is going to be lowered from the top rate on down. All of the rates will be lowered, and we are going to make our country competitive again. I’m tired of seeing jobs move overseas because we’ve got the highest corporate rate in the world. We bring that down not just to the average, but below average so that we can actually bring jobs back to America.
“President Trump has been with us every step of the way in saying we need tax relief for middle-class families, and we are going to do that. We’re going to deliver—President Trump’s going to deliver on yet another promise, and he’s already delivered on many.”
On putting money back into the pockets of hardworking families…
“I think it was very telling that when we had a bill on the House Floor—and the Senate Floor—to lower every tax rate and to push real tax relief for middle-class families. I mean, on average, families are going to get about $1,200 back in their pocket. When the average savings [account] for families is $400, that’s a lot of money.
“The fact that every Democrat voted ‘no’ shows the country—Democrats across the country are not that radically liberal—but in the House and Senate, it has become so polarized that they don’t want to give any tax relief to anyone. They want to raise taxes. We’re going to lower taxes. It’s going to get this economy moving again.
“You know, you talked about the family tax credit; we are doubling the standard deduction so most families—over 90% of families, by the way—under this bill, are going to be able to do taxes on a postcard. That’s how simplified this complex code is going to become. It’s going to be a win for American families.”###