This afternoon, the Tax Cuts and Jobs Act Conference Committee, chaired by House Ways and Means Committee Chairman Kevin Brady (R-TX), will meet to discuss the best ideas between the House and the Senate on pro-growth tax reform.
Talking about the meeting with Sandra Smith on FOX News’ “America’s Newsroom,” Chairman Brady said this morning:
“This is a historic day for the American people. They are going to get to watch, for the first time in 31 years, a conference committee on tax reform open to the public that everyone can watch.”
CLICK HERE or the image above to watch the interview, and read excerpts below.
Timing for a Final Bill
“We’re making good progress and we’re on exactly the same timetable we set six months ago, which is to deliver this to the President’s desk by Christmas time. We’re on that timetable. I feel good about hitting it. … by the end of the week the American public is going to see this complete conference committee report.”
Taking the Best of the House and Senate Bills
“We’re working through how do we deliver the strongest middle-class tax cut, how does America become competitive now. I think we’ve been all working toward making sure all our businesses receive – and families receive tax relief now. And so look, there is some differences. We’re closing the differences in a big way.”
Providing Real Relief to Middle-Income Families
“I know this … typical families in Wheaton, Illinois, will see tax cut of $4,200 and we’re not done yet. And Illinois is a high-tax state. So, I think we’re making very good progress on getting families real relief. … We have a simple principle here: let’s let people keep more of what they earn wherever they live.”
Delivering on Our Tax Reform Promise This Year
“Our tax code is a monster and it is really hurting America and families. We pledged to change it, make it simpler and more pro-growth and more competitive. We’re going to deliver on that and deliver it soon.”
CLICK HERE to watch today’s conference committee meeting live at 2:00 PM ET.