Summary: At the weekly Republican Leadership Press Conference, Speaker Ryan spoke about the country’s economic momentum in the six months since the passage and enactment of the Tax Cuts and Jobs Act.
“Second, I want to provide an update on the steps that we’ve taken to grow our economy for working families.
“Six months ago this week—six months ago this week—historic tax reform was passed and signed into law.
“In just this short time, we have started to see real results. Tax reform has already helped improve the lives of so many Americans, which is exactly what we set out to do when we passed this in the first place.
“Since it took effect, 1 million jobs have already been created. Unemployment is at its lowest level in a half-century.
“Wages are rising. Utility bills are going down.
“Tax reform has been every bit the game changer that we were hoping, that we envisioned it would be.
“It has helped replace uncertainty with growing optimism. People are feeling more confident and in more control of their futures.
“And that is what this is all about. Not just these six months, but six months after that, and six years after that.
“It is about creating an economy where it is possible for families living paycheck-to-paycheck to finally get ahead.
“It is about getting people on the ladder of opportunity and truly maximizing their potential.
“Tax reform was a big start. It certainly was one of the biggest starts we could have had. But it doesn’t mean we are done.
“We are going to continue working to strengthen the economy even more, so that working families can prosper.”