MENU

Speaker.gov

General

‘It's all about bigger paychecks’: Speaker Ryan on Fox News

November 2, 2017|Speaker Ryan Press Office

Over the last several months, the House has worked closely with the Trump administration to produce our historic tax reform legislation. This afternoon, after unveiling the Tax Cuts and Jobs Act, Speaker Ryan joined Fox News’ The Daily Briefing with Dana Perino live from the White House to explain how under our plan, a typical working family of four will get a tax cut of $1,182. Watch the full interview here and check out excerpts below:

Speaker Ryan: “It's all about bigger paychecks, it’s about cutting taxes for middle income families and simplifying the system, honestly, you can look at our postcard. . . . We really believe, Dana, this will help us hit our economic potential, faster economic growth, more jobs. It also means higher wages. And by letting people keep more of their own money by cutting their tax rates and increasing child credit and the standard deduction, that means you just get bigger paychecks. That means you keep more of your own money in your paycheck in the first place. We think that's really good for families and very good for the economy.” 

Speaker Ryan: “I noticed even The Washington Post today said the Democrats’ criticisms got ‘Four Pinocchios’ on that claim. My basic thinking is that at the end of the process when it comes down to the last vote, my guess is we do get Democrats. . . . Because guess what? They represent families. They represent manufacturing. They represent states like Missouri and Indiana and North Dakota that also have small businesses that are getting taxed twice as much as their foreign competitors. They represent companies that are leaving this country and going overseas. They care about those things, too, I think. That's why at the end of the day, I do think we'll get some Democratic support.”