Washington, D.C. — House Majority Leader Kevin McCarthy (CA-23) spoke on the House floor today in support of H.R. 1, the Tax Cuts and Jobs Act.
Full remarks are below, or watch online here.
“I thank the gentleman for yielding.
“Mr. Speaker, I stand before this body, but I want to speak to the people watching us at home right now, and who will hear us in the hours and days to come. I want to speak to the people who stretch their budgets to get to the next paycheck. I want to speak to the people who are starting to wonder if the American promise no longer applies to them.
“You need a comeback. America needs a comeback.
“If we are successful today and in the weeks to come, you will keep more of the money you earned. You will have more in your paycheck. Your life will improve.
“If we succeed, you succeed.
“But if leaders and obstructionists on the other side of the aisle win, you lose. You see, they want Washington insiders and bureaucrats to keep more of your hard-earned income. They think it’s theirs to spend. We think it’s yours.
“Now, I’ve tried my best to understand their opposition, and I’ve listened to the pessimistic leaders of a party that, once upon a time, claimed to stand for the common man.
“Without a shred of evidence, they are certain our plan won’t work.
“They drum up stale arguments from 30 years ago, saying all this bill does is help the rich. They call it a middle class tax hike. But the fact checkers gave them not 1, not 2, not even 3, but 4 pinocchios for this lie.
“Every honest person sees this is a tax cut for hardworking Americans.
“This bill increases the child tax credit, increases the standard deduction, increases wage, and brings back jobs. The fact is, the first $55,000 an average family of four earns won’t face a single penny of income tax. Not a single penny!
“So what are these party leaders defending with their opposition?
“It’s not the people. After all, there’s not a single person I’ve ever met in this nation that wants higher rates, lower wages, fewer jobs, and a more complicated tax code.
“No, they aren’t defending the people. They’re defending loopholes for special interests, corporate welfare, and carve outs for lobbyists. They’re defending the abusive status quo at the IRS. And what I find most absurd, they’re defending the reckless tax-and-spend policies of broken states across the country.
“They have made it their mission to increase taxes on our fellow citizens. And my friends on the other side of the aisle have the audacity to call this a tax hike? In the end, what they’re defending is the broken status quo.
“You know what I think, Mr. Speaker? I think that voting ‘no’ on a plan with lower taxes, higher wages, more jobs, and a simpler system, that isn’t about Republicans and Democrats. Voting ‘no’ is telling the American people you do not have faith in them to rise if they’re given a fair shot.
“Well, Mr. Speaker, I have a simple question for everyone in this room, and everyone watching at home. Do you want higher taxes and less money in your pockets? Or do you want lower taxes and more money?
“I think we’ve sent a message to the doubters and the cynics: The American people don’t want hard work to be punished. We don’t accept decline. We don’t accept that Washington knows how to spend our money better than we do.
“So I have a different message for the American people.
“To those trying to find a job, the long search is coming to an end. This bill is your comeback.
“To those sick of scraping by and fighting for a raise, this is your comeback.
“To those struggling to keep your small business afloat, to pay your employees and give back to your neighborhood, this is your comeback.
“For everyone who ever dreamed of being an entrepreneur and small business owner, this is your comeback.
“And to every mom and dad starting a family, raising your kids, and trying to give them more opportunity than you ever had, this is your comeback.
“I put my hope in the American people. This bill puts our hope in the American people. Because when you trust the people, that’s the start of America’s comeback. I yield back.”