This morning, Speaker Ryan joined radio shows in Wisconsin, Florida, and California to discuss how the Tax Cuts and Jobs Act will improve people's lives across the country. Listen and check out the excerpts below.
Milwaukee, WI -- 1130 WISN
Speaker Ryan: "We're on track for bringing it through the system next week to get it done by Christmas, which was our goal and pledge all along so that we start the New Year, with a new tax system, with a big middle class tax cut and a tax cut for businesses to make us globally competitive to get faster economic growth and more jobs."
Speaker Ryan on how this will help families taking the bigger standard deduction: "In my district, the average household is going to get a $2,000 tax cut. I just looked at [Rep.] Sensenbrenner's district, the average household there is going to get a $2,700 tax cut. I'm looking at [Rep.] Grothman's district here, the average median family of four in his district is going to get a $2,100 tax cut."
South Florida -- 610 WIOD
Speaker Ryan: "This week we're reconciling the differences between the House and Senate, the Conference Committee, they are on track for doing that. So that next week we bring the bill to the floor, to the Senate and to the House, and get it done before Christmas. That's the plan we've had and that's the timeline we're on. . . .This is the biggest rewrite of our tax code since Reagan '86 and I would say it's far more ambitious, far more sweeping, and far more pro-growth than the Reagan '86 reforms."
Sacramento, CA -- 650 KSTE
Speaker Ryan: "In [California's] 4th district, if people take the bigger standard deduction, which means 90 percent of Americans can fill out their taxes on a postcard, that average median household in that district gets about a $3,800 tax cut. Up in Rep. Denham's district, the 10th district, people who take that big standard deduction, that average family of four in that district gets a $1,600 tax cut. The point we're trying to make here is that we're trying to clean stuff out of the tax code, lower taxes across the board, dramatically increase the Child Tax Credit, double the standard deduction and then lower rates on businesses so they can be more globally competitive."