The House Ways and Means Committee advanced the Republican tax reform bill on Thursday sending it to the rules committee next and moving the GOP closer to a legislative victory and overhauling the American tax system.
“This is a big win for the people who are just sick of the status quo and all the special loopholes and all the high tax rates and our jobs still leaving the country and from that standpoint I’m really pleased for the American people,” House Ways and Means Committee Chairman Rep. Kevin Brady (R-Texas) said on Thursday during an interview on FOX Business’ “Lou Dobbs Tonight.”
Treasury Secretary Steven Mnuchin and Senate leaders are confident the newly unfurled Senate Finance Committee tax reform plan is will be the country’s long awaited change.
“America is ready for tax reform again,” Sen. Mitch McConnell (R-Ky.) said during a press conference. “To get growing again, like we know this code will do, to get new jobs and opportunities, significant tax relief [is needed] for the middle class.”
