Finance Committee Members Applaud House Tax Reform Rollout

Senators Supportive of Colleagues’ Bold Step Forward in Advancing Comprehensive Tax Overhaul

Republicans in Congress and the administration are unified in advancing comprehensive tax reform that puts money back in the pockets of middle-class Americans, grows wages and creates jobs. Today, House Ways and Means Committee Chairman Kevin Brady (R-Texas) released a tax overhaul bill based on the administration, Senate and House’s unified framework. Senate Finance Committee members, who are busy putting finishing touches on the Senate tax reform proposal, had high praise for their House counterparts:

“America’s tax code has been in disrepair for more than three decades because finding common ground on so many contentious and complex policy issues has been out of reach. But now, congressional leaders and this administration have made remarkable progress in finding a path forward. With the spotlight now on the tax-writing committees in the Senate and House, Chairman Brady has taken a significant step down that path. I commend him for his efforts in putting forward a proposal to overhaul our outdated tax code.” —Senate Finance Committee Chairman Orrin Hatch (R-Utah)

“The release of the House tax reform proposal is a critical step forward in passing middle class tax relief and pro-growth tax reform. As outlined in the framework, tax reform legislation should lower overall rates, simplify the tax code and make the U.S. economy more competitive.… Tax reform would jumpstart the economy and get it growing at a strong and consistent clip so that all Americans experience the benefits.” —U.S. Sen. Chuck Grassley (R-Iowa)

“This proposal reflects our unified approach to simplifying our antiquated tax code for the first time since 1986, and I’m grateful for the steady leadership of my fellow Texan, Chairman Kevin Brady …I look forward to continuing to work with my colleagues on the Senate Finance Committee as we finalize our bill to grow jobs and put more money back in the pockets of Texans.” —U.S. Sen. John Cornyn (R-Texas)

“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.” —U.S. Sen. John Thune (R-S.D.)

“I applaud the House Ways and Means Committee for delivering a tax reform package that will simplify our broken tax code and show the world that the United States will again be a world-class competitor in the global marketplace. As we step up our work on our Senate tax reform proposal that will soon be released, we’re committed to moving this once-in-a-generation legislation through regular order to ensure the debate continues to be open, transparent, inclusive, and I hope bipartisan.” —U.S. Sen. Johnny Isakson (R-Ga.)

“For years, Americans have called on Congress to fix our broken tax code. Chairman Brady and Speaker Ryan today released a proposal that moves us one step closer to answering that calling, and I commend them for their hard work…It is now time to deliver results for the American people by reducing the tax burden on the middle class, helping American businesses grow and prosper, and creating better jobs and wages for our workers.” —U.S. Sen. Rob Portman (R-Ohio)

“I applaud the leadership of Speaker Ryan and Chairman Brady for their work…The shared goal of Congressional Republicans and the administration on tax reform remains the same: delivering a direct pay raise to hardworking American families and creating incentives for economic growth with new, well-paying jobs." —U.S. Sen. Pat Toomey (R-Pa.)

“My colleagues in the House have taken another important step towards making the economy boom again for the American people. As we move closer to passing comprehensive tax reform, I will remain focused on ensuring more families, grandparents, single moms, and young entrepreneurs can bring more of their hard-earned money home. We will continue our work in the Senate to produce a tax reform bill that increases the paychecks of hardworking Americans and helps create the jobs of the future right here in our amazing country." —U.S. Sen. Tim Scott (R-S.C.)

“This is an important step forward in our effort to reform the outdated tax code. I will continue to work with my Senate colleagues, as a member of the Finance Committee, to ensure we bring tax relief to working families.” —U.S. Sen. Bill Cassidy (R-La.)

###

Next Article Previous Article