“It’s a community tragedy for us.” Watch as @SenCapito discusses the ways in which she is working to fight the opio… https://t.co/Umm8Vu0hfe
— Senate Republicans (@SenateGOP) 9/17/18
“Today [the Opioid Crisis Response Act of 2018] is one step closer to the president’s desk, and we are one step clo… https://t.co/7z6VPT2Xuq
— Senate Republicans (@SenateGOP) 9/17/18
Breaking 🚨 The Senate has just passed the #OpioidCrisisResponse Act of 2018. This landmark legislation includes s… https://t.co/OoASqQXz5k
— Senate Republicans (@SenateGOP) 9/17/18
The #OpioidCrisisResponse Act drives innovation and long-term solutions. https://t.co/KhU4Kgns1y
— Senate Republicans (@SenateGOP) 9/17/18
The #OpioidCrisisResponse Act provides support for caregivers and families. https://t.co/g20Zd3Edvr
— Senate Republicans (@SenateGOP) 9/17/18
The #OpioidCrisisResponse Act encourages recovery. https://t.co/6H5fUruy6F
— Senate Republicans (@SenateGOP) 9/17/18
The Senate will vote on landmark opioid legislation taking strong measures to combat the opioid crisis. The… https://t.co/FakfmcTJX7
— Senate Republicans (@SenateGOP) 9/17/18
“NFIB survey of small firms breaks 35-year record set in Reagan era” Read more about the optimism of small-business… https://t.co/hAr5buI12Y
— Senate Republicans (@SenateGOP) 9/17/18
“Trump’s tax cuts spurs historic small business optimism” Read below as @SBALinda discusses the historic levels of… https://t.co/2P6kazRhxt
— Senate Republicans (@SenateGOP) 9/17/18
🚨We’re breaking economic records?? https://t.co/RhGl1id2Dn
— Senate Republicans (@SenateGOP) 9/17/18
“Trump’s Income Bump” Read on in @WSJ about the increase in earnings across the board thanks to Republicans’ pro-gr… https://t.co/EYIScEx1Tq
— Senate Republicans (@SenateGOP) 9/16/18
Middle-class income hit an all-time high of $61,400 last year, U.S. Census says” More below about record-level midd… https://t.co/qnvhpcK0lh
— Senate Republicans (@SenateGOP) 9/16/18
🚨We’re breaking economic records🚨 ♦️ Small-business optimism is at an all-time high ♦️ U.S. job openings are at an… https://t.co/HHgwmthCpV
— Senate Republicans (@SenateGOP) 9/15/18
“Middle-class Americans made more money last year than ever before” More in @businessinsider on a thriving middle c… https://t.co/8KoOJH3ipT
— Senate Republicans (@SenateGOP) 9/15/18
“U.S. Small Business Optimism Just Hit Its Highest Level in History” More in @business on economic expansion and in… https://t.co/ZNufeoxV9p
— Senate Republicans (@SenateGOP) 9/14/18
Sen. Crapo here, back for my final post in today’s #CrapoTakeover. The passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act was the Senate Banking Committee’s biggest achievement during the 115th Congress, and a memorable day for me as committee chairman. This legislation will further contribute to a pro-growth, pro-jobs agenda for the American people.
Community financial institutions are the pillars of towns across America. These institutions’ operating landscape has changed dramatically over the last few years, and community banks and credit unions across the country have struggled to keep up with the ever-increasing regulatory demands coming out of Washington. Earlier this year, I held a press conference with representatives from Idaho’s small banks and credit unions to talk about the real impact some of the onerous regulations have had on their ability to operate in their communities. #CrapoTakeover
I’m back, and excited to talk about the Economic Growth, Regulatory Relief, and Consumer Protection Act and its impact on small businesses. America’s capital markets drive innovation and job creation, and access to them is the lifeblood of our economy. When drafting this legislation, we made sure to include provisions that would enhance the ability of small businesses and innovators to access and raise capital in the United States. #CrapoTakeover
Sen. Crapo here, back for today’s #CrapoTakeover. The Economic Growth, Regulatory Relief, and Consumer Protection Act also increases protections for veterans. For example, one provision prevents credit bureaus from placing negative medical debt information on veterans’ credit scores for one year so they will no longer see their credit scores damaged by mix-ups in Veterans Choice Program payments. Take a look at the @SenateGOP Instagram story as I explain this bill even further.
Sen. @MikeCrapo here, taking over the @senategop Instagram account to tell you about the Banking Committee’s work to provide #Relief4MainStreet. Right-sizing regulations for financial institutions has been an important issue to members on both sides of the aisle for years. As policymakers, we must make sure that consumers are protected and that the burden on financial institutions is not so large that consumers, businesses, and our communities are deprived of financial services as a result. This Congress, we were able to reach a bipartisan agreement on legislation that provides meaningful relief to community banks and credit unions. #CrapoTakeover
The Economic Growth, Regulatory Relief, and Consumer Protection Act right-sizes regulations for financial institutions, making it easier for consumers and small businesses to get mortgages and obtain credit they need to grow and invest. It also increases consumer protections for veterans, senior citizens, victims of fraud, and those who fall on tough financial times. Tomorrow, @mikecrapo will take over our Instagram account to talk about the bill’s journey and how he is working to provide #Relief4MainStreet. #CrapoTakeover
We will always remember. 🇺🇸 #neverforget #september11
“I am optimistic about the future of America and the future of our independent Judiciary. I revere the Constitution. If confirmed to the Supreme Court, I will keep an open mind in every case. I will do equal right to the poor and to the rich. I will always strive to preserve the Constitution of the United States and the American Rule of Law.” – Judge Brett Kavanaugh #SCOTUS
“The American people have unprecedented access and more materials to review for Judge Kavanaugh than they ever had for a Supreme Court nominee. … Despite this unprecedented transparency, some of my colleagues on the other side have come up with every excuse for resisting this hearing. Indeed, some pledged to oppose Judge Kavanaugh from the moment of announcement.” – @senatorchuckgrassley at this morning’s #SCOTUS hearing. #ConfirmKavanaugh
Judge Brett Kavanaugh's confirmation hearing begins today. #SCOTUS
Members of Congress have come together in the U.S. Capitol Rotunda to honor the life of American hero, Sen. John McCain.
At 11 a.m., Sen. John McCain will lie in state in the U.S. Capitol Rotunda as America continues to remember his legacy and service.
WASHINGTON — U.S. Sen. John Thune (R-S.D.) today issued the following statement regarding the Bureau of Labor Statistics’ announcement that the economy added 201,000 jobs and unemployment rate remains at a low 3.9 percent.
“Republicans came to Congress to make reforms that would grow the economy and get more Americans on the pathway to success. Our pro-growth, pro-jobs agenda is delivering those results. The nation’s unemployment rate remains near an 18-year low, and annual wage growth is the highest since 2009. Optimism among small businesses is historically high. Consumer confidence is at an 18-year high. The steady growth of our economy is good news for hardworking Americans.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued the following statement regarding the passing of his friend and colleague, Sen. John McCain (R-Ariz.):
“Sen. McCain leaves behind a legacy as big as his personality. As a son, midshipman, Navy captain, war hero, congressman, father, senator, and maverick, he’s filled his many roles with integrity and has always been driven by dedication to his country. John served the nation he loved until the very end, and he will be missed. Kimberley and I are praying for Cindy and the McCain family as they cope with the loss of their beloved husband and father.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued the following statement today after the Senate passed the John S. McCain 2019 National Defense Authorization Act (NDAA) conference report, sending it to the president’s desk for signature:
“Our military is the best in the world, but restoring and maintaining readiness requires resources and smart policy. I’m pleased that, despite all the partisanship in Congress right now, we are sending the president legislation that makes sure our armed forces have the tools they need to defend our nation and keep Americans safe. The bill delivers for our military men and women and their families by giving them the largest pay raise in nearly a decade. With passage of the defense bill, Congress is fulfilling one of its most important responsibilities — enabling our military to address the challenges facing us around the world today while modernizing for the challenges that may face us in the future.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.) today issued the following statement regarding the Commerce Department’s announcement that the economy grew at a rate of 4.1 percent in the second quarter of 2018.
“Our economy is thriving. Our strong economic growth is more evidence that Republicans’ pro-growth, pro-jobs agenda is working. Our labor force is growing as more Americans enter the workforce and search for jobs. Since the Tax Cuts and Jobs Act became law, more than 1.2 million new jobs have been created, and nearly 4 million jobs have been created since President Trump was elected. Businesses are experiencing record optimism and are growing and investing in the wake of tax reform. The Republican-led Congress will continue to push for policies to help more Americans get ahead.”
U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued this statement following a congressional delegation trip to Russia, which included visits with high-level U.S. government and Russian officials:
“During our meetings, we stated in no uncertain terms that Russia must stop its meddling in our elections and that its destabilizing actions in the region are not without consequence. The delegation also stressed that Russia respect the sovereignty of Ukraine and help bring about a peaceful resolution in Syria. These discussions were direct and to-the-point. It’s now up to the Russian government to demonstrate that it will be a responsible actor on the world stage.”
During the trip, which was led by Senator Richard Shelby (R-Ala.), the delegation also made stops in Finland and Norway.
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued the following statement after Justice Anthony Kennedy announced his retirement from the Supreme Court of the United States:
“Justice Kennedy’s dedication to the law led him to a career of distinguished service to his country. He is widely respected for his consistent sense of decency and civility, and I wish him the best in his future endeavors. This is an important moment as we look to the future of the court. I look forward to President Trump’s nomination of a well-qualified individual who will respect the Constitution and the rule of law and exercise judicial restraint. I will work with my colleagues to ensure he or she is confirmed this fall.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued the following statement today regarding the Senate’s passage of the National Defense Authorization Act (H.R. 5515), legislation that provides funding for our men and women in uniform so they can continue to keep Americans safe at home and abroad:
“As Americans, we are proud that our fighting force is the best in the world, but we must not take our military strength for granted. It’s Congress’ responsibility to make sure our armed forces have the tools they need to defend our nation and keep Americans safe at home and abroad. Since President Trump was elected, Republicans have been working to reverse the underfunding of our military and restore our nation’s fighting force. This year’s National Defense Authorization Act will continue that work by helping our military regain its competitive edge and equipping our men and women in uniform with the tools they need to meet and defeat the threats of the 21st century.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.) today issued the following statement regarding the Bureau of Labor Statistics’ announcement that the economy added 223,000 jobs in May, bringing the unemployment rate to the lowest rate in 18 years.
“Americans struggled too long in a sluggish economy that lacked opportunities for those seeking a better life for themselves and their families. Today’s jobs report is more evidence of an economy that is growing again, which is good news for hardworking Americans. When the Republican-led Senate passed tax reform, there were estimates this historic legislation would create nearly 1 million jobs for the American people. Today we can say that we delivered, as over 1 million new jobs have been created since the passage of tax reform. We will continue to pursue a pro-worker, pro-growth agenda that allows the economy to thrive and Americans to secure the jobs they need.”
U.S. Sen. John Thune (R-S.D.) today issued the following statement after the Senate passed the VA MISSION Act, legislation that significantly reforms the Department of Veterans Affairs (VA) health care delivery system, helps veterans access the care they need in their own communities, and expands caregiver support to all generations of veterans:
“The VA health care system needs to be set up in such a way that it is able to actually deliver on the promises made to these brave men and women when they answered our nation’s call. We’ve all heard too many stories about veterans who have had difficulty accessing quality care in a timely manner. The VA MISSION Act makes significant, much-needed reforms that will allow veterans to seek care when and where it is best for them. It also helps put important decisions about health care back in the hands of the veteran and his or her doctor, and it expands support for caregivers, the unsung heroes of the veterans community. The Republican-led Senate is continuing to work for our nation’s veterans, and I’m glad we are able to send this important legislation to the president for his signature.”
“It’s a community tragedy for us.” Watch as Senator Shelley Moore Capito discusses the ways in which she is working to fight the opioid epidemic in Huntington, West Virginia as the Senate passes the #OpioidCrisisResponse Act.
“NFIB survey of small firms breaks 35-year record set in Reagan era” Read more about the optimism of small-business owners under Republican policies.⤵️ https://on.mktw.net/2D72NV4
“Trump’s tax cuts spurs historic small business optimism” Read below as SBA Administrator Linda McMahon discusses the historic levels of small business optimism thanks to the #taxcutsandjobsact. https://www.foxbusiness.com/small-business/trumps-tax-cuts-spurs-historic-small-business-optimism-linda-mcmahon
“Trump’s Income Bump” Read on in The Wall Street Journal about the increase in earnings across the board thanks to Republicans’ pro-growth, pro-jobs agenda.👇 https://www.wsj.com/articles/trumps-income-bump-1536793484?ns=prod/accounts-wsj
Middle-class income hit an all-time high of $61,400 last year, U.S. Census says” More below about record-level middle-class income thanks to a thriving U.S. economy.⬇️ https://bit.ly/2Qwk24v
🚨We’re breaking economic records🚨 ♦️ Small-business optimism is at an all-time high ♦️ U.S. job openings are at an all-time high ♦️ Middle-class income is at its highest level ever
“Middle-class Americans made more money last year than ever before” More in Business Insider on a thriving middle class, thanks to a strong economy. https://www.businessinsider.com/us-census-median-income-2017-9
“U.S. Small Business Optimism Just Hit Its Highest Level in History” More in Bloomberg on economic expansion and increasing business optimism thanks to Republicans’ pro-growth, pro-jobs agenda.👇 https://www.bloomberg.com/news/articles/2018-09-11/u-s-small-business-optimism-at-record-high-on-hiring-spending
“Middle-class Americans made more money last year than ever before” More in Business Insider on a thriving middle class, thanks to a strong economy.⬇️ https://www.businessinsider.com/us-census-median-income-2017-9
Among many strong economic records this week, the poverty rate has fallen to a pre-recession low.
“The Tax Cuts and Jobs Act provides Americans with the relief they’ve been waiting for and ensures that America is ready to compete and win in the global marketplace.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, member of the Finance Committee, and conferee on the conference committee tasked with negotiating a final tax reform bill, issued the following statement today regarding the Senate’s final passage of the Tax Cuts and Jobs Act.
“This is a historic moment for our nation. For the first time since 1986, Congress has passed a comprehensive overhaul of the tax code. Our goal with this pro-growth tax reform package was to put more money in the pockets of hardworking Americans and create a tax code that fosters economic growth. The Tax Cuts and Jobs Act achieves that goal. Next year, families across America will see their tax bills drop and take-home pay increase, and businesses will find it easier to grow their operations, hire new workers, and raise wages. This legislation brings America’s tax system into the 21st century — benefiting workers and our economy. The Tax Cuts and Jobs Act provides Americans with the relief they’ve been waiting for and ensures that America is ready to compete and win in the global marketplace.”
Senate Finance Press Contact: 202-224-4515, Katie Niederee and Julia Lawless
WASHINGTON – Today, members of the Tax Cuts and Jobs Act (H.R. 1) House-Senate Conference Committee signed the conference report for this legislation and Conference Committee Chairman Kevin Brady (R-Texas) filed the conference report in the House. The bill will now move forward to be voted on next week by the entire House of Representatives and Senate.
With this bill, the typical family of four earning the median family income of $73,000 will receive a tax cut of $2,059.
Senate Finance Committee Chairman Orrin Hatch (R-Utah), a member of the conference committee, said:
“Historic achievements are challenging and reforming the tax code is no different. From the outset, Republicans in Congress sought to develop a comprehensive, pro-growth tax reform bill that will grow the economy, jumpstart job creation, and increase take-home pay for hardworking American families. Over the last several months, we’ve kept a steady pace, allowing each chamber to work its will and produce legislation that will achieve our shared goal. And, over the last two weeks, conferees in the Senate and House have met, examined the merits of each bill, worked to reconcile the differences and found consensus to produce final bicameral legislation. Today marks a critical milestone in this endeavor and keeps us on track to deliver a comprehensive tax overhaul to the American people by year’s end.”
Chairman Brady said:
“This is a historic moment for the American people. For the first time in 31 years, the House and the Senate have now come together to deliver pro-growth tax reform that will help more Americans across our country keep more of their hard-earned money. This legislation will also grow our economy, make our companies of all sizes more competitive, and help prevent more American jobs from continuing to go overseas. I appreciate my colleagues’ hard work and look forward to voting on this bill in the House next week.”
CLICK HERE to read the full legislative text of the Tax Cuts and Jobs Act.
CLICK HERE to read the policy highlights in the Tax Cuts and Jobs Act.
CLICK HERE to read the Joint Committee on Taxation revenue table.
"This legislation will bring real relief to the middle class by taking money out of Washington’s pocket and putting it into theirs. It means a tax cut of more than $2,000 for a family of four earning $73,000. That’s real money in communities across Kentucky - from Owensboro to Covington. And only those who don’t know the struggles of hardworking American families could conclude otherwise."
WASHINGTON, D.C. –
“First and foremost, I would like to congratulate the members of the Senate and the House who worked tirelessly to reconcile the differences between the two tax bills. What they have accomplished is critical for the future of our country – and that is no understatement. After 31 years, it’s about time.
“For too long, America has struggled to compete in an increasingly competitive world. For years, jobs and businesses have left our country. Meanwhile, middle-class families struggled to get by. For years, our nation suffered under an economy that failed them with lack luster economic growth and under a system that rewarded the few at the expense of the many.
“That’s changing with this legislation. China is already worried about this tax bill, because they know it will make America more competitive and spur greater investment here in America. This legislation will bring real relief to the middle class by taking money out of Washington’s pocket and putting it into theirs. It means a tax cut of more than $2,000 for a family of four earning $73,000. That’s real money in communities across Kentucky – from Paducah to Pikeville. And only those who don’t know the struggles of hardworking American families could conclude otherwise.
“Next week, the Senate will get this bill done so we can ensure the American people get the gift of real, meaningful tax relief this holiday season.”
“After years of economic stagnation, this bill will usher in a new era of economic dynamism in this country.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, member of the Finance Committee, and conferee on the conference committee tasked with negotiating a final tax reform bill, issued the following statement today regarding the House and Senate conference committee agreement on the Tax Cuts and Jobs Act.
“Members of the House and Senate came together to finalize the details of a pro-growth tax reform bill that will provide Americans with more jobs, fairer taxes, and bigger paychecks. By reducing individual tax rates, doubling the standard deduction, and increasing the child tax credit, our bill will ensure Americans are able to keep more of their hard-earned money. And by lowering taxes on job creators, our bill will foster an economic environment that will give Americans access to more jobs, higher wages, and better opportunities. Our final package delivers on the promise we made to provide real relief to hardworking Americans. After years of economic stagnation, this bill will usher in a new era of economic dynamism in this country. And it will send a message to the world that America is serious about competing and succeeding in the 21st century economy.”
Since January 2017, Thune has introduced numerous individual tax reform marker bills that cover multiple portions of the tax code. Thune-authored provisions included in the conference report to the Tax Cuts and Jobs Act are:
- Modified portions of Thune’s Investment in New Ventures and Economic Success Today (INVEST) Act of 2017 (S. 1144), legislation that would simplify accounting rules and reform key parts of the tax code to help small and medium-sized business owners more quickly recover investment costs and certain other tax deductible business expenses. By accelerating cost recovery on property, equipment, inventory, and other common business investments, these provisions would encourage new business growth and help existing businesses, including farms and ranches, expand their operations, create new jobs, and grow the economy.
- Provisions from Thune’s S Corporation Modernization Act of 2017 (S. 711) that would allow foreign individuals to invest in S corporations through Electing Small Business Trusts (ESBTs) and treat ESBTs like S corporation shareholders so both can claim deductions with respect to charitable contributions made by an S corporation. Thune also led efforts during the conference to ensure that trusts, including ESBTs, and estates benefit from the new deduction for owners of pass-through businesses like S corporations.
Thune doesn’t believe death should be a taxable event, which is why he introduced the Death Tax Repeal Act in January 2017 and still strongly supports this approach. The conference report to the Tax Cuts and Jobs Act includes his provision from the Senate bill that would provide additional relief (compared to current law) to more of South Dakota’s family-run businesses, farms, and ranches that are currently threatened by the death tax, which is important progress.
Through his role as a member of the conference committee, Thune helped a number of other senators to include their shared priorities. Working with Sens. John Hoeven (R-N.D.), Pat Roberts (R-Kan.), and Chuck Grassley (R-Iowa), Thune helped improve the new deduction for pass-through businesses so owners of agricultural cooperatives benefit from the 20 percent deduction. Thune also worked with Sens. Dean Heller (R-Nev.), Cory Gardner (Colo.), and Grassley to ensure that tax credits for renewable energy, like wind and solar, are taken into account under the new international tax rules.
There’s a lot of fake news out there on tax reform. Let us help bust some of Senate Democrats' myths for you.
Myth: Sen. Elizabeth Warren (D-Mass.) claims that "one group of economists after another have looked at this bill and it won’t do a darned thing.”
Fact: 137 economists said, “Economic growth will accelerate” under the Tax Cuts and Jobs Act.
Myth: In a deleted tweet, Sen. Kamala Harris (D-Calif.) claims that “On average, middle class families earning less than $86,000 would see a tax increase …”
Fact: The Washington Post gave her "Four Pinocchios" and said, “Actually, it’s the opposite. Most families in that income range would get a tax cut.”
Myth: Sen. Chuck Schumer (D-N.Y.) claims that tax reform is “kicking 13 million people off health insurance to give tax cuts to the wealthy.”
Fact: The Washington Post says, “inaccurate." This bill only repeals the individual mandate’s penalty, which means Americans will no longer be forced to buy insurance they don’t want or can’t afford.
“This tax reform package will turn the economic tide and help Americans get ahead.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued the following statement today regarding the Senate’s passage of the Tax Cuts and Jobs Act.
“For too long, Americans have struggled to make ends meet in a weak economy. Today the Senate has taken an important step forward in providing them with relief. By cutting taxes for middle-income Americans and providing job creators with the environment they need to hire more workers and increase wages, this tax reform package will turn the economic tide and help Americans get ahead. I commend Chairman Hatch and my colleagues for all the work they have done this year to ensure this bill made it over the finish line here in the Senate. I look forward to working with my Senate and House colleagues to ensure our pro-growth tax reform package is signed into law.”
“Our plan cuts taxes for Americans of all income groups and provides a substantial tax cut for middle-income families.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued the following statement regarding passage of the Tax Cuts & Jobs Act out of the Senate Finance Committee today.
“Today Congress is one step closer to delivering a pro-growth tax reform package to the president’s desk. Senate Republicans on the Finance Committee came together with the goal of ensuring Americans get to keep more of their hard-earned money. The provisions in our plan deliver that. Our plan cuts taxes for Americans of all income groups and provides a substantial tax cut for middle-income families. By doubling the standard deduction, cutting tax rates, and increasing the child tax credit, we’re able to put more money in the pockets of everyday Americans. And by repealing Obamacare’s unpopular individual mandate tax, we’re able to provide even more relief for middle-income earners. I commend Chairman Hatch for his leadership and my colleagues on the committee for their contributions. I look forward to continuing our work with members of both the Senate and the House to get this bill across the finish line.”
“This proposal is good news for American workers and American families.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued the following statement today regarding the Senate Finance Committee’s comprehensive tax reform plan based on the unified framework.
“Middle-income Americans are tired of struggling under a weak economy. They are ready for relief. This proposal is good news for American workers and American families. The proposal the Senate Finance Committee unveiled today lowers tax rates, doubles the standard deduction, and increases the child tax credit, all of which will put more money into the pockets of hardworking Americans and give them more flexibility to care for their families. By lowering taxes on small businesses and other job creators, our plan also makes the reforms necessary to boost our economy and give Americans access to the kinds of jobs, wages, and opportunities that will set them up for a secure future. I commend Senate Finance Committee Chairman Orrin Hatch for his leadership and look forward to working with our colleagues in the House and the Trump administration to ensure a pro-growth tax reform package is signed into law.”
“Through comprehensive tax reform, we will be able to provide Americans with more jobs, fairer taxes, and bigger paychecks.”
WASHINGTON — U.S. Sen. John Thune (R-S.D.), chairman of the Senate Republican Conference, issued the following statement today regarding the House Ways and Means Committee’s release of a comprehensive tax reform bill based on the unified framework.
“For the first time in decades, we have an opportunity to fix our broken tax code and provide better economic opportunity for middle-income Americans. Through comprehensive tax reform, we will be able to provide Americans with more jobs, fairer taxes, and bigger paychecks. I commend House Ways and Means Committee Chairman Kevin Brady and the members of his committee for their work on a bill that provides much-needed relief for American families. I look forward to continuing to work with our colleagues in the House to deliver a final pro-growth tax reform package to President Trump’s desk for his signature.”
