“I think this is a major step forward for the American public, we are going to get this to the president’s desk for his signature before the end of the year.”
Below are key excerpts of the interview:
On What's in the Bill:
"Let me take a step back to say a year ago the American people voted for fundamental change in this country, and tax reform is a very big part of it. People wanting to keep more of their hard-earned money. That's what you see in the bills that passed both the House and the
"The other thing that you haven't mentioned - the big difference is that the Republican bill in the
"And yes, I like the idea of taking away the death tax entirely. The other thing that we're doing in terms of helping stimulate the economy:
On the Differences Between House and Senate Bills:
"There is going to be a conference committee. Members from the
On the Corporate Tax Rate:
"We have 20 percent in both the House and the
"Everybody is going to have to decide for themselves how they would vote. My preference is 20 percent. I think we have a very good bill out in the
On the JCT Report:
"Two things. One, the good news is this group tends to be wildly pessimistic, has actually said that there will be economic growth as a result of the things we were proposing with this tax relief bill. They are wildly pessimistic. Economists across the board believe that we will do much, much better.
"Just take a look at the current economy. These are all based on 1.8 stagnant Obama numbers. We don't have to do much to get up to much higher numbers because the last two quarters, we've had over 3 percent economic growth in this country and we had two million new jobs already created since the day
On Major Companies and Tax Savings:
"When we take our tax rates, the corporate rates from one of the highest in the world to now one of the lower tax rates in the world, we have a global economy, money will come rushing into
On Funding and Keeping the Government Open:
"I think we need to keep the government open. To me, that's what a mature, responsible governing group does. You're right, it does require bipartisan participation. I thought it was incredibly childish for
On Possible DACA Fix:
"The
Read this original document at: https://www.barrasso.senate.gov/public/index.cfm/news-releases?ID=C5AC6642-6339-4265-AE22-F9EC235D9CA5
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