This morning, Speaker Ryan appeared on Fox News’ America’s Newsroom to urge Senate Democrats to abandon their reckless scheme to shut down the government. Watch the entire interview here.
Speaker Ryan: “This is absolutely needless, completely unnecessary, and wholly because of Senate Democrats trying to shut down the government, holding the entire government hostage for a completely unrelated issue that doesn't have a deadline right now. . . . If we have a government shutdown, that the Democrats insist on, troops don't get paid, they’re holding our military hostage. Children's health insurance dries up, seven states run out of money for their children’s health insurance. The Medical Device Tax kicks in so anybody getting a medical procedure that involves a device will pay a whole lot more for that procedure. Those are things that will happen if the Senate Democrats continue to insist on shutting down the government. . . .Senator Schumer said this very tactic, this very strategy a few years ago, was governmental chaos. Nancy Pelosi called it legislative arson. This is exactly what they're doing and it is completely unnecessary to hold the government hostage for something unrelated. And by way, those DACA negotiations are underway right now. There are good faith bipartisan negotiations underway on DACA right now that have been occurring for some time and that deadline is not until March. So what they're simply trying to do is hold all of government hostage, our troops, kids’ health insurance, for a completely unrelated issue. I think it's shameful.”
Speaker Ryan: “I think the Democrats are hoping that the American people won’t know that they had their fingerprints all over this. That the American people won't know that it's the Senate Democrats who are actually filibustering this, because as you said, Bill, unfortunately it takes 60 votes in the Senate to do any of this stuff. I found it interesting that Senator Schumer said we should do an appropriations process. Guess what? The House passed all the appropriations bills before the fiscal year deadline, September 30th, and they’ve been sitting in the Senate since September. Every single appropriation bill to fund all of government, those bills passed the House and are sitting in the Senate. We passed the defense appropriations bill twice. It is sitting in the Senate. We passed the hurricane relief appropriation bill in December. It is sitting in the Senate. There is one theme as to why none of this activity is occurring, no actions happening—Senate Democrats are filibustering appropriations, funding the government, and now they are filibustering a Continuing Resolution to keep the government open.”
Speaker Ryan: “The Senate Democrats are holding our men and women in uniform hostage over an unrelated issue. Senate Democrats are holding children's health insurance hostage for an unrelated issue. . . . That’s what they're doing, they’re basically holding all of government hostage. Troops won't get paid after tomorrow if the Senate Democrats have their way. Seven states will run out of children's health insurance, if the Senate Democrats have their way. It is ridiculous and it is legislative arson and it is governmental chaos as Chuck and Nancy used to say, and I don't think they should do it.”
Speaker Ryan: “The President doesn't want to shutdown, Republicans don't want to shutdown, the House passed a bill to prevent a shutdown and it is solely up to Senate Democrats led by Senator Schumer, who used to call this governmental chaos, and Nancy Pelosi, who used to call it legislative arson, don't do what you yourself say is wrong. Keep the government funded and stay involved in these good-faith bipartisan negotiations. That’s what civil people do. That’s what we should be doing and that is what we have done here in the House.”Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement ahead of the Senate convening to consider the continuing resolution to fund the government and fully authorize the Children’s Health Insurance Program (CHIP) for six years:
“Make no mistake about it: Senate Democrats are the only ones standing in the way of a fully funded government and a reauthorized health insurance program for children. This is no time to play politics and force a shutdown. The House has done its job. And now Democrats' dangerous opposition jeopardizes funding for our military and puts our national security at risk. It uses our men and women in uniform as political bargaining chips. This is unacceptable. This is needless. This is wrong. I urge Senator Schumer and the Senate Democrats to reconsider their reckless intent to shut down the government.”Read More
It is the highest civilian honor that Congress can bestow, and this week, they awarded the Congressional Gold Medal to the soldier, legislator, and statesman from Kansas, Senator Bob Dole.
1. "Senator Dole, because of you, America is better." - Speaker Ryan
2. Speaker Ryan congratulates Senator Dole for a lifetime of service and sacrifice.
3. In his first public appearance in the Capitol Rotunda since Inauguration Day, President Trump praises Senator Dole for "earning his place in the pages of American history."
4. Congress voted unanimously to award Senator Bob Dole with the Congressional Gold Medal.
5. The other Senator Dole—Elizabeth—had the most important words of praise for her husband on such a special day.
Click the video below to watch the full Congressional Gold Medal ceremony.Read More
Today, ahead of his address at the 45th annual March for Life, Speaker Ryan appeared on the Christian Broadcasting Network’s The 700 Club for a conversation about the march and his faith. Watch the interview here and check out excerpts below.
Speaker Ryan: “I’m so excited to be speaking at March for Life tomorrow. I’ve been participating in it for many, many years. I’m a big fan of it because I’m pro-life. . . .I believe life begins at conception. I’m excited about championing the cause of the unborn child, and that is why I’m ecstatic about participating in the March for Life.”
Speaker Ryan: “I could not do my job as a husband, as a father, as the Speaker of the House without my faith. It is indispensable. It is an integral part of my life. I start my day in prayer, I end my day in prayer.”Read More
Senator Schumer, do not shut down the federal government.⁰⁰Do not jeopardize funding for our military and for our national security.⁰⁰Do not jeopardize funding for the Children’s Health Insurance Program.⁰⁰It is risky. It is reckless. And it is wrong. pic.twitter.com/1NLeGDY20i— Paul Ryan (@SpeakerRyan) January 19, 2018
Tonight, House Speaker Paul Ryan (R-WI) joined with other Republican leaders to send a simple message to Senate Democratic Leader Chuck Schumer (D-NY): “Do not shut down the federal government.” The Speaker’s remarks followed House passage of legislation to keep the government open, fund the military, and fund the Children’s Health Insurance Program (CHIP) for six years. Below are Speaker Ryan’s remarks as delivered:
“Senator Schumer, do not shut down the federal government. “Do not jeopardize funding for our military and for our national security. “Do not jeopardize funding for the Children’s Health Insurance Program. “It is risky. It is reckless. And it is wrong. “I ask the American people to understand this: “The only people standing in the way of keeping the government open are Senate Democrats. “Whether there is a government shutdown or not is now entirely up to them. “I also want people to understand that Senate Democrats do not oppose anything that is in this bill. “They are just holding this critical funding hostage for a deal on a completely unrelated immigration issue. “Yes, we need to address the DACA program, and we are engaged in good-faith negotiations as we speak. “But that deadline is weeks away. “So Senate Democrats are treating our men and women in military, who are putting their lives at risk and on the line for us, as bargaining chips at this point. “And they fully intend to shut down the government unless they get their way. “This is a strategy that Senator Schumer himself has called ‘governmental chaos.’ “We sincerely hope—we sincerely hope—that cooler heads will prevail. “And we sincerely hope that Senator Schumer will abandon this shutdown strategy. “Help us keep the government open. Help us keep our military funded. And let’s continue to work together in good faith. “That is the choice they have to make.”Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement after the House passed the continuing resolution to fund the government through February 16th and fully reauthorize the Children’s Health Insurance Program (CHIP) for six years:
“The only thing standing in the way of government funding, resources for our troops, and health care for children right now is Senate Democrats. The House did the right thing. We did the right thing for our men and women in uniform who rely upon Congress for the resources to protect us and themselves. We did the right thing for the millions of American children who rely on the CHIP program for their health care needs. Now, it’s up to the Senate. Now will Senator Schumer and the Senate Democrats do the right thing by the American people, or will they force a government shutdown?”Read More
Today, a new poll shows the new tax law quickly rising in popularity as Americans see the benefits. In just the last month, according to the survey from NPR/PBS NewsHour/Marist, significantly more people believe the Tax Cuts and Jobs Act will help them and their families. On net, the poll finds a remarkable 21-point swing in just one month.
This news follows a New York Times poll showing that approval for tax reform has jumped from 37 percent in December to 46 percent today. And for good reason.
In the weeks since President Trump signed the Tax Cuts and Jobs Act into law, hundreds of businesses across the country have rewarded their employees with bonuses, pay raises, and other financial benefits. Just yesterday, Apple announced that it would give its employees a $2,500 bonus and invest $350 billion in the U.S. economy in the next five years due in part to tax reform. And come February, 90 percent of Americans will see bigger paychecks as the IRS adjusts withholding tables to account for the new law.
All this goes to show that tax reform is working. Americans are already seeing the benefits, and this is just the beginning.Read More
WASHINGTON–House Speaker Paul Ryan (R-WI) issued the following statement after introduction of bipartisan legislation reforming the Congressional Accountability Act. It improves the existing policies and mechanisms in place to guard against and report harassment and discrimination in Congress.
“This past fall, we pledged to enhance the workplace safety of Congress, and today’s bipartisan legislation brings us one step closer to fulfilling that promise. Crafted after multiple hearings on this serious matter, this bill contains major reforms to the Congressional Accountability Act. It ensures that victims of workplace harassment have the resources they need to get the justice they deserve.
“I commend the House Administration Committee, Chairman Harper, as well as the bipartisan members who worked so hard on it, for their leadership on this legislation. No staffer or Member should ever feel unsafe in public service, and this bill will help make that a reality.”
Learn more here.
Sponsors and co-sponsors:
Committee on House Administration Chairman Gregg Harper (MS-3), Committee Ranking Member Robert Brady (PA-1) Committee on Ethics Chairwoman Susan Brooks (IN-5) Ranking Member Ted Deutch (FL-22) Rep. Bradley Byrne (AL-1) Rep. Rodney Davis (IL-13) Rep. Barbara Comstock (VA-10) Rep. Mark Walker (NC-6) Rep. Adrian Smith (NE-3) Rep. Barry Loudermilk (GA-11) Rep. Zoe Lofgren (CA-19) Rep. Jamie Raskin (MD-8) Rep. Jackie Speier (CA-14)Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement on Senate passage of S. 139, the FISA Amendments Reauthorization Act of 2017:
“This vote is a victory in our fight against terrorism. That is why this legislation gives our intelligence community the tools it needs to target foreign terrorists on foreign soil. The 702 program has already saved countless lives by preventing numerous planned attacks on our homeland, including a 2009 plot on the New York City subway system. This measure also features important reforms to strengthen privacy protections for U.S. citizens. I look forward to sending this critical bill to the president’s desk in short order."Read More
Tax reform is working. Last year, Republicans delivered the biggest tax reform since the 1980s—bringing real relief for American workers. And it's already paying off for American families. Speaker Ryan discussed how people all across the country are already reaping the benefits of the tax cuts signed into law by President Trump last month:
“Guess what? Tax reform is working. It really is. It’s working for families. It’s working for businesses. Tax reform is working for our economy. Yesterday, Apple announced $2,500 bonuses for its employees, as well as the largest investment any company has made in response yet to tax reform. Remember, this is not just happening at the biggest of companies.
“I was in North Prairie, Wisconsin, just last Friday. I visited Zero Zone. It’s a company that makes refrigerator display cases. We talked about how tax reform is going to help them expand and hire more people. These kinds of decisions are taking place across the country.
“This is such a change from the past years. Now, the conversation is about growing and expanding. Now workers are coming home and telling their families they got a bonus, or they got a raise, or they got better benefits. You know, I mentioned just yesterday a worker at the Chrysler plant in Belvedere came up to me at my son’s basketball game and told me how he’s going to get $4,000 more as a result of the bonus and the tax cut.
“Tax reform is working, and it’s helping to improve people’s lives, which is exactly why we did it.”
For the second time today, during his weekly press conference, Speaker Ryan stressed how urgent funding our military is—an urgency that, unfortunately, Democrats don’t seem to share:
“I talked at CSIS this morning about how critical it is that we fully fund our military. It is the first responsibility of our government. And right now, this is an urgent responsibility, as our military faces a serious deterioration of its readiness capabilities. “Unfortunately, Democrats don’t seem to share that urgency at all. They continue to hold military funding hostage over unrelated issues and deadlines that don’t exist. Now they are threatening to shut down the government altogether over these unrelated issues. It is just unconscionable. Our men and women in uniform need our help. They need these resources so they can do their jobs and do so safely. “Don’t take my word for it. Here is what Senator Schumer himself said in 2013. Let me read you this quote. This is from Senator Schumer:
‘We believe strongly in immigration reform. We could say, 'We’re shutting down the government . . . until you pass immigration reform.' It would be governmental chaos.’ Chuck Schumer, October 26, 2013.
“This strategy is ‘governmental chaos.’ I could not agree more. We should not be playing these games. The most responsible thing we can do is avoid that chaos and pass this continuing resolution that we’re bringing to the floor. Address the real deadlines that are here. The real deadlines like continuing funding for our military. Extend the Children’s Health Insurance Program. And instead of our men and women in uniform being treated like bargaining chips, we can keep working on getting them the resources that they need. “Now, continuing resolutions are not ideal. That is why the House passed all 12 of the appropriations bills ahead of schedule before the fiscal year. The only reason one is even necessary—the only reason we have to pass the CR today—is because Democrats refuse to close on a spending agreement, taking it hostage for an immigration deal. “Again, the most responsible thing we can do for our military—and for the country—is keep the government open, pay our troops, put aside the games, move forward, and continue to negotiate with each other in good faith.”Read More
Today, Speaker Ryan delivered remarks at the Center for Strategic and International Studies (CSIS) on military funding and readiness. The address comes ahead of Friday's deadline to extend funding for our military, which Speaker Ryan argues is critical to equip our troops so they can do their jobs.
Here are the top five moments:
Our men and women in uniform are not bargaining chips—they are our nation’s best and brightest, who put their lives on the line for us. pic.twitter.com/vuyPdEvNUQ— Paul Ryan (@SpeakerRyan) January 18, 2018
We have pushed our military past the breaking point: → Funding for modernizing the @USArmy has been cut in half in the past 8 years.→ Less than half of @USNavy aircraft are capable of flying.→ The @usairforce is now at its smallest size in our nation’s history. pic.twitter.com/296xySyygA— Paul Ryan (@SpeakerRyan) January 18, 2018
Retweet to agree→ The federal government has many responsibilities. But its first and foremost responsibility is our national defense. pic.twitter.com/O92X1zBmxo— Paul Ryan (@SpeakerRyan) January 18, 2018
From North Korea and Iran to Russia and China, this is by far the most complex and challenging global security environment we have seen since WWII. The greatest antidote to that uncertainty is the ability to depend on our Armed Forces to keep the peace. pic.twitter.com/fmYJvikr9H— Paul Ryan (@SpeakerRyan) January 18, 2018
Our men and women in uniform put their own lives at risk, with the utmost courage, bravery, and selflessness. But they need the tools to do their jobs safely and effectively. And quite frankly, we are letting them down. pic.twitter.com/QnNiVcaNGH— Paul Ryan (@SpeakerRyan) January 18, 2018
Retweet to agree→ The federal government has many responsibilities. But its first and foremost responsibility is our national defense. pic.twitter.com/O92X1zBmxo— Paul Ryan (@SpeakerRyan) January 18, 2018
WASHINGTON—Today, House Speaker Paul Ryan (R-WI) delivered remarks to the Center for Strategic and International Studies (CSIS) on military funding and readiness. The address comes ahead of Friday's deadline to extend funding for our military, which Speaker Ryan argues is critical to equip our troops so they can do their jobs. Below are Speaker Ryan's remarks as prepared for delivery:
"Thank you so much, John, and thank you to CSIS for hosting me today.
"This institution has been a leading voice in shaping America’s role in the world for more than five decades. And I cannot think of a more critical time to be here.
"The federal government has many responsibilities. But its first and foremost responsibility is our national defense.
"Today, the United States has the greatest fighting force in the world. Keeping it that way is vital to keeping our country safe.
"But right now, our men and women in uniform are operating under enormous strain, some of which, frankly, is of our own making.
"That is why rebuilding our military is one of the highest priorities of our unified government. I can tell you it is my highest priority today.
"The good news is that this Congress has made a bipartisan commitment to fund our national defense.
"Republicans and Democrats worked together to send a strong national defense bill to the president’s desk.
"And right now, we are engaged in good-faith negotiations to make sure our budget reflects those commitments.
"I am optimistic we will get there, but we cannot allow this work to be layered into or minimized as Washington melodrama.
"We have to be clear-eyed in laying out for the American people why so much is at stake.
"Rebuilding our military is essential to confronting the threats we face—threats that are evolving at an alarmingly rapid pace.
"North Korea is working to develop ballistic missiles capable of hitting the continental United States.
"Iran is marching forward with its quest for regional hegemony by backing terrorism across the globe.
"And what is left of ISIS is trying to figure out how to expand and influence terrorism in the Middle East, Afghanistan, and into the West, including by inspiring attacks here at home—from New York and Boston to Orlando and San Bernardino.
"Then there are those countries that want to remake the world order in their authoritarian image. Russia is trying to drive holes through NATO while threatening some of our closest allies in Eastern Europe, while Chinese aggression continues to stir instability in the South China Sea. And these threats are particularly serious, because allowing Russia and China to upend the post-Cold War order first and foremost affects us here at home.
"Our adversaries recognize our supremacy in the traditional domains of warfare, and are therefore trying to develop capabilities that put our most vital interests at risk, while avoiding our traditional strengths.
"This is not some problem we are projected to face years down the road. It is happening right now.
"This is by far the most complex and challenging global security environment we have seen since World War Two. We know the greatest antidote to that uncertainty is the ability to depend on our Armed Forces to keep the peace.
"But, and this brings me to the second big reason this is so important: we have simply pushed our military past the breaking point.
"Instead of upgrading our hardware, we have let our equipment age. Instead of equipping our troops for tomorrow’s fight, we have let them become woefully underequipped.
"Funding for modernizing the Army has been cut in half in just the past eight years.
"Navy sailors are putting in 100-hour work weeks, and less than half of their aircraft are capable of flying.
"Roughly 80 percent of Marine Corps aviation units lack the minimum number of ready basic aircraft.
"And the Air Force is now at its smallest size in our nation’s history, and the average age of their aircraft is 27 years old.
"The cost of these readiness deficiencies are dire. This is literally costing us lives.
"In total, we lost 80 lives due to training accidents in 2017—nearly four times as many killed in combat. Just think about that for a second.
"And the worst part is that these deaths may have been preventable. There is no excuse for that. We need to do better.
"We ask a lot of our men and women in uniform. We ask them to carry out dangerous missions in dangerous parts of the world. And they do so, putting their own lives at risk, with the utmost courage, bravery, and selflessness.
"They do this because they believe not only in this country, but in the idea of this country: That America remains that shining beacon of freedom, justice, and democracy around the world.
"But in exchange for their service, we make them a sacred promise. We promise that we will give them the tools they need to do their jobs safely and effectively. And today, quite frankly, we are letting them down. We are breaking that promise. That is shameful.
"So let me clear about what our goals are.
"An adequate budget agreement that fully funds our troops. That means lifting the spending caps that disproportionately hamstring the defense budget, holding our national security hostage.
"The Pentagon cannot plan for the future if it keeps operating under short-term spending bills. The days of budgetary uncertainty and underfunding need to end.
"Doing so will allow us to modernize our forces and maintain a forward presence, bolstered by commanders having the rapid response capabilities they need.
"Twice now, the House has passed an appropriations measure to back up our commitments, but it remains stalled because of opposition from Senate Democrats. They need to stop playing politics with this.
"Our men and women in uniform are not bargaining chips—they are our nation’s best and brightest, who put their lives on the line for us.
"We need to reform the Pentagon too. That means overhauling the acquisition process, facilitating a serious audit of DOD, and finding ways to improve efficiency through innovation and new business practices.
"Chairman Thornberry and his members are championing these issues in the House. In the past two years alone, we have enacted significant bipartisan reforms to streamline bureaucracy at the Pentagon, strengthen the military health care and retirement systems, and improve congressional oversight. This is a great start, but there is more work to be done.
"And we need a new military strategy for the 21st century. That means a military that is more lethal, agile, and robust. Nobody understands this better than Secretary Mattis. And tomorrow, he will unveil a National Defense Strategy that provides a clear, unequivocal plan to ensure our military might never falters. This is the first NDS released in a decade, and it will provide a clear path forward for our national defense.
"But that path will get longer every day that goes by without an adequate budget agreement.
"As I said at the outset, this country has the greatest fighting force in the world.
"And we will always do what is necessary to protect the American people.
"We cannot shy away from the threats we face. We must confront them.
"We cannot shun our alliances. We must strengthen them.
"And we cannot leave our troops unprepared on the battlefield. We must equip them.
"I do not care if you are a Republican or Democrat. Our troops, our military, our national security—these are not partisan issues. When it comes to keeping Americans safe, we are all on the same side.
"So today I am here to ask for your help.
"Help us make this case to the American people.
"Help us get our troops what they need to do their jobs.
"And help us ensure that the United States military remains the best in the world.
"Thank you again for being here. I look forward to our conversation."Read More
WASHINGTON—Today, the United States Congress presented a congressional gold medal to former Senate Majority Leader Bob Dole of Kansas. Below are Speaker Ryan’s remarks as prepared for delivery:
“Ladies and gentlemen, good afternoon. It is a privilege to welcome you all to the grandest hall in Washington for an even grander occasion, as we award the highest civilian honor this body can bestow.
“I am honored to be joined today by President Donald Trump and Vice President Mike Pence, as well as Senator Elizabeth Dole and Second Lady Karen Pence. I’d also like to welcome our congressional leaders and so many others who I recognize in the audience.
“Today, it is my honor to say that pursuant to S. 1616, we award the congressional gold medal to the soldier, the legislator, the statesman from Kansas—Senator Bob Dole.
“The congressional gold medal is one of our oldest traditions. Since its founding, our country has been ushered beyond the threshold of greatness by individuals of unrivaled courage. Bob Dole is one of those giants.
“For the man from Russell, it was always a question of what he could do for others. Be it on the front lines of World War II or within the halls of Congress, Bob Dole has always stood by what is just and what is right. He was a resounding voice for the hungry and those with disabilities, negotiating some of the biggest reforms our social programs have seen. He’s also proven himself to be one of the greatest allies America’s veterans will ever know. In 1989, he stood in this very place to dedicate this flag for our prisoners of war and those missing in action. He has never stopped fighting for those who fight for us.
“Bob Dole is as honorable as they come. It is this kind of American hero—the selfless, staunch defenders of those who can’t defend themselves—who don’t always get the recognition they deserve.
“So today, may this celebration mark not only all he has done for those in this room . . . not only all he has done for those watching at home . . . but all he has done—and the impact he has made—for those who don’t even realize it was he who made it.
“Senator Dole, because of you, America is better. On behalf of Congress and all Americans, thank you.”Read More
More good news for workers and consumers: the House just passed an important bipartisan measure to boost America’s manufacturers.
Passed with a unanimous vote of 402-0, the Miscellaneous Tariff Bill Act provides much-needed relief from taxes that make our goods and services more expensive. The National Association of Manufacturers, which is hailing this week's vote as “a big deal,” says this bill will help increase manufacturing output by more than $3.1 billion over the next three years.
This is all made possible by a reform that Republicans put in place in 2016 which allows us to eliminate needless tariffs – taxes, really – on American businesses when they buy parts to make things here at home.
What happens without this relief? Well, take Lasko Products, the nation’s last remaining manufacturer of portable electric fans. Lasko is headquartered in West Chester, PA, about 45 minutes outside of Philadelphia. It employs 942 people across three states. It works with plastic, steel, paint, and packaging suppliers every day.
Like many companies making things in America, Lasko faces serious competition from Chinese manufacturers. It is in a constant race to keep prices low so it can keep customers and protect its employees’ jobs. But the company has to pay a tariff on a key production component that’s not available anywhere in the U.S., which makes it that much harder to keep pace. “We are in a business of pennies,” Lasko’s COO told the Ways and Means Committee, and those pennies, of course, can make all the difference.
Now we are taking action to provide relief from these tariffs and help level the playing field.
American manufacturing is off to a big start in the new year. Because of historic tax reform, companies are announcing plans to raise wages, expand operations, and hire more workers. “With all this good news in just a matter of weeks,” Speaker Ryan recently wrote, “it’s no wonder that economic optimism is rising in America. And it’s only going to get better from here.”
With this bipartisan legislation, we’re taking another step to help create jobs and grow our economy.Read More
WASHINGTON—Tomorrow, the Center for Strategic and International Studies (CSIS) will host House Speaker Paul Ryan (R-WI) for an address on military readiness and the state of our defense capabilities. The remarks come ahead of Friday’s deadline to extend funding for our military, which Speaker Ryan will argue is critical to equip our troops so they can do their jobs. After his remarks, Dr. John Hamre, CSIS president and CEO, will moderate a conversation with Speaker Ryan on the subject.
DETAILS: Defending Defense: A Conversation with Speaker Ryan on Military Readiness Thursday, January 18, at 8:45 a.m. ET Center for Strategic & International Studies
MEDIA: This event is open press. All media who wish to attend must RSVP to Andrew Schwartz at ASchwartz@csis.org. All crews with equipment must be pre-set by 7:45 a.m. for the security sweep.
WATCH LIVE: Tune in for Speaker Ryan’s remarks and conversation with Dr. Hamre on speaker.gov/live.Read More
Summary: Today at a press conference with Republican leaders, Speaker Ryan discussed how Americans are already benefitting from the tax cuts law. He also stressed the importance of putting politics aside to fund our military.
Real Tax Benefits
“After hearing the good news in recent weeks, there’s one thing that is undeniable. And that is that tax reform is boosting America’s economic confidence. Company after company has been announcing that we are having increased bonuses, increased wages, renewed investment in America—all because of tax reform.
“I was at my son’s basketball game on Sunday. And a UAW worker from the Chrysler plant in Belvedere came up to me and said, ‘This is going to get me $4,000 in my paycheck. I thought this was only for the rich. I guess that’s me now.’ I mean, this is working. It’s just the beginning. At the heart of this law is really a lower tax burden for American families, who are going to start seeing this relief very, very soon.
“Last week, the Treasury Department announced that it has adjusted the amount the IRS takes out of people’s paychecks to account for this new law. It’s estimated that 90 percent of wage earners in America will experience an increase in their take-home pay, starting as soon as February. Let me just say that one more time: 90—nine zero—90 percent of American workers will see increased take-home pay as a result of the tax law starting in February. This is incredible. The typical family of four earning the median income of $73,000 will see a tax cut of $2,059. That’s more money to pay down the mortgage, save for a rainy-day fund, or take your kids, your family on vacation. This is real relief to real Americans, especially more than half of whom claim, and say, and show that they’re living paycheck-to-paycheck.
“Another huge benefit for American families? It’s lower energy costs. Look, where I come from, and where Jason comes from, it’s pretty cold right now. Your energy costs are very high. And what we’re seeing is all these utility companies are now saying they’re passing through the tax savings on to the rate payers. So if you’re low income, if you’re living paycheck-to-paycheck, if you’re having a hard time just heating your house? This is real relief that’s real tangible.
“So we’re seeing evidence that the tax bill is working in so many ways. Lower energy bills, bigger paychecks, more jobs, more bonuses, maternity leave—this is exactly why we did this, so that we can improve people’s lives.
“There’s one more point, and Kevin mentioned this: According to the Pentagon, just last year, we lost more American military members who died in training accidents than we did in combat last year. And we have combat across the globe. These deaths may have been preventable. And it all points back to the deterioration of our readiness in our military resources.
“Funding for modernizing the Army has been cut in half in just the past eight years. Navy sailors are putting in 100-hour work weeks, and less than half of their aircraft are capable of flying. The number of fatal accidents or those resulting in the loss of aircraft for the Marines has doubled over the last decade.
“We have to reverse this trend. We have to stop putting these lives at risk. And we have to fix our national security. And that’s why it’s baffling to me that Democrats would be willing to block funding for our military over unrelated issues.
“I used to think the Democrats thought the S-CHIP bill was bipartisan. That children’s health insurance is a bipartisan bill. This was written by Republicans and Democrats. We’ve passed this extension twice this year. We’re going to be bringing it to the floor again this week. Because real deadlines are occurring this Friday. And the real deadlines that occur this Friday are our men and women in uniform and children’s health insurance in many states that will run out of money. And so that is why it is unconscionable to me that they would block funding for our military or cut off funding for these states that really will lose their funding for CHIP by playing these political games and tying them to unrelated issues.”Read More
Will Democrats block funding for our troops? That is the question everyone should be asking this week. Funding for our military expires this Friday. Both sides agree we need to adjust our budget caps to provide greater resources for defense. And yet Democrats are threatening to hold our national security hostage over unrelated issues.
This morning, Speaker Ryan spoke about the urgency of putting politics aside and getting our men and women in uniform the tools they need to do their jobs:
“For people to hold up funding for our military over these unrelated issues, and for deadlines that don’t even exist this Friday, that makes no sense to me. The federal government has many responsibilities. But its first, foremost, primary responsibility is to provide for the common defense. And when you see a situation where more men and women in our military are dying in training accidents then they are in combat, it’s a serious situation. And to block funding for our military with a Friday deadline over unrelated issues just makes no sense to me. It’s wrong.”
Tomorrow morning, Speaker Ryan will deliver remarks and take questions at the Center for Strategic and International Studies (CSIS) on military readiness, the state of our defense capabilities, and the need to fully fund the Pentagon. Tune in live at 8:45 a.m. ET at speaker.gov/live.Read More
The New York Times released a new poll today—showing that more and more Americans approve of the tax reform law.
The poll, conducted by SurveyMonkey, showed a significant upturn in approval of the law over the past month. In December, when the bill was close to passage, 37 percent of Americans strongly or somewhat approved of the law. One month later, 46 percent of Americans strongly or somewhat approved of the law. Overall, the poll shows an 18-point upswing from disapproval toward approval.
In other words, people are starting to get it. And it’s no wonder. The good news hasn’t stopped rolling in since tax reform became the law of the land.
And soon, no matter who they work for, the vast majority of American wage-earners will receive bigger paychecks. Last week, the Treasury Department announced it had adjusted the amount the IRS takes out of your paycheck each month to account for the major tax cuts on the personal side. It estimated this will impact 90 percent of American wage-earners. That means 90 percent of wage-earners will soon receive bigger paychecks, starting as early as next month.
Despite the dismissive rhetoric from the Left, this news is really breaking through and bringing hope back to Americans. Other recent surveys from Quinnipiac to Gallup revealed that Americans’ confidence in the overall economy is also rising. As Speaker Ryan said last week, “With all this good news in just a matter of weeks, it’s no wonder that economic optimism is rising in America. . . .Tax reform is helping to improve people’s lives, and that’s what this is about.”Read More
After another productive week in Washington, Speaker Ryan returned home to Wisconsin and spent Friday making stops in the southeastern part of the state. The speaker started the day in Milwaukee talking tax reform at a WisPolitics event with an audience of community leaders, answering many of their questions. From there, he headed to Greendale to speak to AP Government students at Greendale High School. He wrapped the day visiting Zero Zone in North Prairie, touring its facility and learning about its manufacturing process.
These three images sum up the day:
1. WisPolitics Event at the University of Wisconsin—Milwaukee – Speaker Ryan discusses how millions of hardworking Americans are already reaping the benefits of tax reform with WisPolitics.com president Jeff Mayers.
2. Greendale High School Visit – In the library of Greendale High School, Speaker Ryan fields questions from AP Government students on topics such as current events, the principles of conservatism, and the state of Congress.
3. North Prairie Business Tour – Speaker Ryan walks through a simulated grocery store while touring Zero Zone, a refrigeration manufacturing company, in North Prairie, Wisconsin.Read More
Derrick Dockery was an offensive lineman in the NFL for 10 years. Now he works in Speaker Ryan’s office, on everything from Tax Reform to School Choice. Today, Derrick was featured as Fox News Sunday’s ‘Power Player of the Week.’ WATCH: Derrick’s story here.
Derrick Dockery: “I enjoy getting up every day and having a purpose. I'm not at home trying to figure out what's next. I enjoy working with people. I enjoy being a part of a team. That's the main thing, being a part of the team.”Read More
One of our top priorities in 2018 is to rebuild our military so that it can confront the threats we face in the 21st century. And we cannot rebuild our military without closing the readiness gap, which is leaving our troops underequipped and underprepared on the battlefield.
When talking about Pentagon funding, it’s often easy to lose sight of the human toll our readiness crisis is taking. But just look at what happened this past summer:
On June 17, 2017, the USS Fitzgerald collided with a Filipino container ship off the coast of Japan, killing seven sailors and injuring seven more.
The following month, July 10, 2017, a U.S. Marine Corps KC-130 broke up in midair, killing all 16 people on board.
And the month after that, August 21, 2017, the USS John McCain collided with a Liberian oil tanker off the coast of Singapore, killing ten sailors and injuring five more.
Our readiness shortfalls were factors in all of these accidents, which means they may have been preventable. As House Armed Services Chairman Mac Thornberry (R-TX) explained in a recent Washington Post op-ed, "This summer, the nation mourned the 42 service members who died in accidents related to readiness challenges across our military. The deaths of 17 sailors aboard the USS John S. McCain and USS Fitzgerald, along with separate accidents claiming the lives of 19 Marines and six soldiers, grabbed the nation’s attention. But words of sorrow do not sufficiently honor their deaths, let alone prevent further incidents. It is essential to reverse the consequences of Washington’s funding paralysis and do what is right by those who raise their hands to serve."
He's right. This, quite frankly, is shameful. We need to do better for our brave men and women in uniform, which is why we are working to ensure our troops have the training and tools necessary to do their jobs safely and effectively.
To learn more, read this piece about why we need to rebuild our military, and tune into Speaker Ryan’s remarks on military readiness at the Center for Strategic and International Studies (CSIS) next ThursdayRead More
Yesterday, Speaker Ryan joined C-SPAN’s Steve Scully to discuss how tax reform is already improving the lives of middle-income families across the country. It’s an issue he’s been talking about on C-SPAN for a long, long time. Watch the full interview here and check out excerpts below.
“Now, because of the tax law, they are staying in Milwaukee”
Speaker Ryan: “Just in 20 days, you have seen 2 million families, 2 million workers, getting raises and bonuses. You are seeing all these raises being announced. You are seeing electricity companies announcing that they are lowering rates as a consequence. In Milwaukee alone we have a big insurance company called Assurant. A couple of months ago, Assurant said because of the tax laws, they were going to move to Bermuda—become a Bermuda company instead of an American company. Now, because of the tax law, they are staying in Milwaukee, they are staying an American company. You are seeing stories like that —businesses staying here, businesses expanding, businesses investing in capital, workers getting wage increases, workers getting bonuses, better benefits, 401(k)s, maternity leave—all of those kinds of things are now being announced, and it’s just been 20 days. So I think the Democrats are going to regret not having supported this. I think it’s going to do tremendous things for our economy, and unfortunately, we are in a very, very partisan climate, but that does not stop us from doing what we think is right to help people in this country and help this economy grow.”
“These aren’t crumbs”
Speaker Ryan: “To somebody working at Walmart, at the starting wage who just went from $9 an hour to $11 an hour, I do not think that is crumbs. To a person working paycheck-to-paycheck, just got a $1,000 bonus, that’s not crumbs. 200,000 workers at AT&T got a $1,000 bonus. Comcast, just one company is investing $50 Billion in America, in jobs, in expanding across the country—this is not crumbs. The additional maternity leave at Walmart, the higher 401(k) plans. . . .A small assisted living center in Steven’s Point just announced bonuses to their employees—these aren’t crumbs. You’ve got to remember that more than half of Americans are living paycheck-to-paycheck, so when they get something like a $1,000 bonus at Christmas time because of this tax law, it is hardly crumbs.”
“It takes time to do big things in this country, and this country is a story of big things getting done”
Speaker Ryan: “I have been working on this for over 20 years. I’ve been working on this issue pretty much my whole adult life. . . .My reaction is—it is what I tell my kids, it’s what I tell school students when I talk about civics, and I talk about democracy, and the republic that we are—If you believe passionately in something that’s going to make a big difference in people’s lives, what is great about our system of government is you work, and you work, and you push, and you convince, you run on an idea, by running for office, and if you get elected, you can go try and put that idea in place to make a difference in people's lives. That is what these jobs are about. That is what is exciting about what I do, and it takes time, in a system like we have. . . .It just takes time to do these things, but it does work. And that to me is a vindication of the system of government we have, a representative of democracy, and the fact that if you believe in something, you just got to stick at it and you can eventually accomplish those goals. . . .It takes time to do big things in this country, and this country is a story of big things getting done.”Read More
Coming soon: bigger paychecks. Today, the Department of Treasury released new withholding tables following enactment of the Tax Cuts and Jobs Act. These updated tables will take effect in February, which means that in just a few weeks, Americans across the country will start to see bigger paychecks.
“Many employees will begin to see increases in their paychecks to reflect the new law in February,” according to the IRS.
“We estimate that 90 percent of wage earners will experience an increase in their take home pay,” Secretary Mnuchin explained.
This is great news. The vast majority of hardworking people in the United States live paycheck-to-paycheck. For middle-income Americans, those families struggling just to make ends meet, this will make their lives easier. And because the new tax law nearly doubled the standard deduction, you will not only earn more, but be able to keep more of what you earn.
In just the 20 days since President Trump signed the Tax Cuts and Jobs Act, we’ve seen countless businesses take steps to reward their employees with raises and bonuses. And earlier this week, U.S.-based company Assurant reversed its plans to move its headquarters to Bermuda.
The reality is that this new tax code is working. Americans are already reaping the benefits, and soon they will see bigger paychecks arrive in the mail. And you can take that to the bank.
Today at his weekly press conference, Speaker Ryan discussed the tangible benefits American workers are seeing thanks to the Tax Cuts and Jobs Act being signed into law:
“Today marks 20 days since the Tax Cuts and Jobs Act became the law of the land. Already, this new law is helping to improve the lives of middle-income families across the country.
“You saw the announcement from Walmart just this morning. More than a million Americans are due to receive their bonuses because of tax reform. Already, workers are seeing real increases in base wages, increases in 401(k) contributions, and in maternity and paternity leave. Power companies in a number of states are planning to lower electricity bills. Think about what a relief that’s going to be with the cold winters we have. You gotta come to Wisconsin sometime this year—your power bills get pretty high. Manufacturers—they’re announcing new plans to hire more workers and expand their operations. All of this has happened in just 20 days.
“So think about this. This is all before families have even started to see the benefits of lower tax rates, better withholding, and a higher standard deduction. Remember, the typical family of four making $73,000 will get a $2,059 tax cut just this year. So this is just getting started. And we look forward to more good news for middle-income families, and for our entire economy.”
Speaker Ryan also discussed the importance of rebuilding our military and strengthening its capabilities:
“I’d like to turn to a very serious issue. As you know, we are working to secure the funding that is needed to rebuild our military. What does that mean? Why do we spend so much time on rebuilding our military? Why do we spend so much time talking about this?
“There are countless facts and figures that I could quote about the weakening of our military capabilities. Let me just say a few things: Less than half of the Navy’s planes can fly. Less than 10 percent of our Army’s Combat Brigade Teams are ready to fight. Our Air Force is the smallest that it has ever been. Chairman Mac Thornberry puts it best when he says: ‘We have too few planes that can fly, too few ships that can sail, and too few soldiers who can deploy.’
“But this is not just costing us military might. This is not just hampering our mission. It is actually costing us American lives. Last year, this nation lost 17 sailors aboard the USS John McCain and USS Fitzgerald. Readiness shortfalls were serious factors in these fatal accidents, which happened on aging ships with expired training certifications.
“Every day that goes by without adequate funding is another day we are pushing our military past the breaking point. And it is a shameful situation. We have a duty to address it, and do right by the men and women who put their lives on the line to protect us here and abroad. And that is exactly what we are going to do.”Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) today announced the appointment of Rep. Erik Paulsen (R-MN) as chair of the Joint Economic Committee (JEC). The chairmanship of the Committee alternates between the Senate and House every Congress.
“I am pleased to announce Erik Paulsen as the new chairman of the Joint Economic Committee. He is the right person to lead this committee’s vital mission of increasing economic growth. As Congress works to write laws that boost our nation’s economy, Erik’s vast experience working on tax and economic matters will serve the committee and the Congress well,” Speaker Ryan said.
“I also want to thank my good friend, Pat Tiberi, for his service as chairman of the committee. He was instrumental in passing tax reform, which is already bringing back economic optimism to the United States.”
“We need more jobs, better salaries, and a stronger Minnesota and U.S. economy, and as the chairman of the Joint Economic Committee, I will make these my priorities,” Congressman Paulsen said. “The JEC has a long history of bringing together the best ideas from both parties and both chambers to advise Congress on how to grow our economy and promote trade, innovation, entrepreneurship, and economic opportunity for all Americans, and I look forward to leading these discussions in my new role.”
Established by the Employment Act of 1946, the Joint Economic Committee’s primary tasks are to review economic conditions and recommend improvements in economic policy.Read More
WASHINGTON—On Thursday, January 18, the Center for Strategic and International Studies (CSIS) will host House Speaker Paul Ryan (R-WI) for an address on military readiness and the state of our defense capabilities. Following his remarks, Dr. John Hamre, CSIS president and CEO, will moderate a conversation with Speaker Ryan on the subject.
DETAILS: Defending Defense: A Conversation with Speaker Ryan on Military Readiness Thursday, January 18, at 8:45 a.m. ET Center for Strategic & International Studies
MEDIA: This event is open press, but space is limited. All media who wish to attend must RSVP to Andrew Schwartz at ASchwartz@csis.org. Media should expect to receive additional logistical information next week.
WATCH LIVE: Tune in for Speaker Ryan’s remarks and conversation with Dr. Hamre on speaker.gov/live.Read More
WASHINGTON—Today, House Speaker Paul Ryan (R-WI) delivered remarks ahead of a House vote on S. 139, the FISA Amendments Reauthorization Act of 2017. Following are the speaker's remarks as delivered:
“First, I just want to say to all my colleagues: I respect the passionate views that are on display here.
“I think this has been a very passionate and interesting debate. What I would like to do is bring a little clarity to this debate.
“I want to thank the minority leader for coming up and speaking against the Amash amendment, and in favor of the underlying, bipartisan amendment.
“We’ve been working with—we, on a bipartisan basis—been working with the Senate and the White House to get this right. To add even more privacy protections to the law, even more than the status quo. To add the warrant requirement that this underlying bill has.
“Let me try and clear up some of the confusion. There’s been wide reporting and discussion here in the House about parts of the FISA statute that affects citizens. It’s a big law. It’s a big statute with lots of pieces.
“Title 1 of the FISA law is what you see in the news that applies to U.S. citizens. That’s not what we’re talking about here.
“This is Title 7, Section 702. This is about foreign terrorists on foreign soil. That’s what this is about.
“So let’s clear up some of the confusion here. Let me give you two examples. Two examples of what this program has done to keep our people safe. Two declassified examples.
“Number one, this program in March of 2016 gave us the intelligence we needed to go after and kill ISIS’s finance minister. Because of the intelligence collected under this program, a foreign terrorist on foreign soil, the number two man at ISIS, who was in line to become the next leader. This program helped us get the information to stop him.
“I came here before 9/11. I remember hearing upon hearing in the 9/11 commission about the old firewall. We were seeing what was going on overseas, terrorists like Osama bin Laden in Afghanistan were doing all these things, and we couldn’t pass that information on to our authorities over here in America. We had this firewall that prevented us from connecting the dots. That was the big phrase we used back then in the early 2000s.
“You pass the Amash amendment, you bring that firewall right back up. You pass the Amash amendment and defeat this underlying bill, we go back to those days where we are flying blind on protecting our country from terrorism.
“Let me give you an example. This program has not only stopped many attacks, let me tell you about one: A plot in 2009 to blow up New York’s subway system. This was used to understand what people were planning overseas and what they were trying to do here in America, so that we could connect the dots and stop that particular terrorist attack.
“That is why this has to be renewed. That is why, among many other reasons, why 702, a program designed to go after foreign terrorists on foreign soil, is so essential.
“If this Amash amendment passes, it kills the program. If this underlying bill fails, there’s one of two things that will happen. The status quo will be continued, meaning no additional privacy protections, no warrant requirement, status quo. That doesn’t do anything to advance the concerns that have been voiced on the floor.
“Or, even worse, we go dark. 702 goes down. We don’t know what the terrorists are up to. We can’t send that information to our authorities to prevent terrorist attacks. The consequences are really high.
“One of the most important things we are placed in charge to do is to make decisions not based on TV, not based on Internet, based on facts, based on reality. And we’re supposed to make those decisions to keep our country safe.
“This strikes the balance that we must have, between honoring and protecting privacy rights of U.S. citizens, honoring civil liberties, and making sure that we have the tools we need in this day and age of 21st century terrorism to keep our people safe.
“That’s what this does. That is why I ask everyone on a bipartisan basis to vote no on the Amash amendment and vote yes on the underlying bill.”Read More
WASHINGTON—The March for Life is excited to announce that House Speaker Paul Ryan (R-WI) will address the 45th annual March for Life, the world’s largest annual pro-life demonstration, in Washington, D.C. on January 19th, 2018.
“It is an honor to have Speaker of the House Paul Ryan address the 45th annual March for Life. Speaker Ryan has been an unwavering champion for the pro-life cause since taking office, and continues to utilize his post to promote the inherent dignity of the human person at all stages of life,” said Jeanne Mancini, President of March for Life. “We are grateful for the significant strides U.S. Congress made in the last year to protect and defend the most innocent among us, and are confident that 2018 will see even more pro-life progress with Speaker Ryan leading the charge.”
Details: Speaker Ryan Addresses 45th Annual March for Life Friday, January 19, during the March for Life Rally (timing TBA) 12th St. on the National Mall, between Madison and Jefferson Drives NW
WATCH LIVE: Watch live on speaker.gov/live.
BACKGROUND: Over one hundred thousand Americans are set to travel from across the country to our nation’s capital for this year’s March for Life, a demonstration that seeks to stand against the greatest human rights violation of our time: abortion-on-demand. The theme of this year’s March for Life is “Love Saves Lives”, embodying the true spirit and mission of the pro-life movement by enlisting the power of love to empower others to choose life.Read More
WASHINGTON—The House Republican Steering Committee has recommended that Rep. Steve Womack (R-AR) be named chairman of the House Budget Committee, to succeed Rep. Diane Black (R-TN). House Speaker Paul Ryan (R-WI) issued the following statement:
“I believe Steve Womack is the right man for the job of chairman of the Budget Committee. Steve’s experience in the House, commitment to fiscal conservatism, and relentless pursuit to safeguard taxpayer dollars make him extremely qualified to lead this important committee. I am looking forward to Steve’s service, and I know he will do an excellent job.
“I also want to thank Diane Black for her incredible years of service. Without her leadership in getting the budget passed last year, tax reform would not have been possible.”
NOTE: This recommendation will be presented to the full House Republican Conference and will be considered on the floor for official ratification.Read More
Back in October, you may recall, Chicago-based company Warranty Group Capital announced that it would be acquired by Assurant, which would in turn move its operations to Bermuda. It was yet another example of American businesses packing up and moving overseas due to our broken tax code.
But today, just weeks after enactment of the Tax Cuts and Jobs Act, Assurant reversed course and agreed to remain a U.S. company. "This change follows recently enacted U.S. tax legislation," their release notes. indeed, this decision is a direct result of our new, pro-growth tax code, which eliminated incentives for Assurant to invert.
This is a big deal. Real hardworking Americans will keep their jobs. Families won’t have to worry about whether they can still make that next mortgage payment. And profits will stay right here in the United States.
In the wake of President Trump signing tax reform, we’ve seen countless businesses reward their employees with bonuses, raises, increased 401(k)s, and other benefits. And the news today is further evidence of why the Tax Cuts and Jobs Act is so important: More American businesses will stay in America, and more American jobs will remain American jobs.Read More
Summary: At the first Republican leadership stakeout of the new year, Speaker Ryan outlined what the House stands ready to accomplish in 2018.
“Hi everybody. Welcome back. Happy New Year.
“It’s always great to be home on the holidays to celebrate with my family back in Wisconsin. Badgers won the Orange Bowl. Somebody told me that it was colder one day in Wisconsin than it was on Mars that day.
“So, I gotta tell you what was exciting about being home for the holidays is just people stopping us, where ever Janna and I would go—in restaurants, in the street, at ball games—about the Tax Cuts and Jobs Act. How it’s helping them. How it’s helping their families. How it’s helping the businesses they work at or the businesses that they own.
“The numbers—they’re really impressive. In just a few short weeks, as Kevin mentioned, corporations have announced over $1 billion in bonuses and more than $1.5 billion reinvested in the U.S. economy. One company said $50 billion over five years—reinvestment in America, which is going to help their workers, which is going to help them expand. The numbers don’t even include what smaller companies are doing and how folks will be helped by the individual tax rate cut that they see when their paychecks get bigger this year.
“The stories we hear are just countless. Steve mentioned a couple of them. I can talk about some butchers and everybody else in between. There are people who are just coming up to us saying, ‘This is working. I’m getting bigger paychecks. I got a bonus, or I’m expanding my small business—I’m going to hire more people.’ So that is exciting.
“Tax reform is boosting the economy. It’s creating jobs. It is raising wages. In other words, it is actually helping people, and that’s why we are here. It’s renewed optimism. It’s telling people that this economy is here to grow. So that’s what’s exciting. This is why we’re here.
“But we’re not going to stop there. As we kick off a new session, we want to build on this optimism, and we want to make sure that we get more done for the American people. We’ve got a lot on our agenda—we talked about these things at Camp David. And one of the things that we know we achieved with regulatory relief and historic tax reform is: We’re getting the economy growing faster. But there are tens of millions of Americans who are still slipping through the cracks. There are a lot of people in this country that aren’t being counted in those unemployment statistics. We have got to pull them off the sidelines and get them back in the game. We’ve got more work to do to work on people—getting them the skills they need so they can get the careers that they want so they can get the lives that they deserve.
“That’s what the promise of this economy and this country offers. And so that is going to be one of our big focuses this year, is making sure that we close that skills gap, close that opportunity gap, and get people off the sidelines and back in the game so that they can make the American Dream for themselves as they define it. That’s something we’re really excited about.
“We’re also going to be focusing on our military. You’ve heard us talk about this over and over again. Brad Wenstrup and others here on Armed Services can give you chapter and verse on how dire the need is to improve our military. Improve the readiness, give our warfighters the resources they need, the training resources they need. That is one of the things we ran on in our Better Way agenda. That is going to be one of our primary focuses this year, is getting the men and the women in the military the resources that they need—and getting General Mattis the budget he needs—to begin the hard work of rebuilding our military.
“So that’s something you’re going to see us do, and that’s something that we’re working with our friends in the House and the Senate on, [on] a bipartisan basis. We’ve got a lot to do this year. We’re excited about the work. We’ve got more work and more successes to build on. And that’s why we’re excited about coming back in 2018.”Read More
We had promised all along that passing the Tax Cuts and Jobs Act would result in more jobs, fairer taxes, and bigger paychecks. And in the few short weeks with our tax bill as the law of the land, over a million hardworking Americans are seeing the benefits. Employees have already been given over $1 billion in bonuses and companies have pledged to invest over $1.5 billion into the U.S. economy.
Another great trend is the savings on families’ utility bills from coast-to-coast as a result of the Tax Cuts and Jobs Act’s lowering of the corporate tax rate from 35 percent to 21 percent.
Last week, Baltimore Gas & Electric announced it was passing approximately “$82 million in annual tax savings to customers, resulting from federal tax cost reductions.” This means the average BGE residential electric customer can expect an estimated $2.31 decrease on their monthly bill, while the average residential combined natural gas and electric customer could see an estimated $4.27 monthly reduction. For families living paycheck-to-paycheck, every dollar counts.
Other public utility companies are following suit. Pacific Power, based in Portland, Oregon, has committed to passing the benefit of its tax cut on to customers. Stefan Bird, Pacific Power’s President and CEO, stated: “The benefit of this tax cut should be passed on to our customers—and we will work with our regulators and stakeholders on the best way to do that.” Similarly, Salt Lake City, Utah-based Rocky Mountain Power and Washington, DC-based Potomac Electric Power Company (Pepco) have pledged to pass some of their federal tax savings on to customers, as well.
Now, in addition to lower taxes and bigger paychecks, American families could be saving money on their monthly utility bills. That’s good news.
MILWAUKEE, WI—On Friday, January 12, House Speaker Paul Ryan (R-WI) will attend a WisPolitics luncheon at the University of Wisconsin-Milwaukee’s School of Continuing Education. Media is invited to attend the event to cover Speaker Ryan’s Q&A with WisPolitics.com President Jeff Mayers.
Media must register by 12:00 p.m. CT on Wednesday, January 10, to gain entry. To RSVP, contact Mayers@wispolitics.com.
Details: Speaker Ryan at WisPolitics Luncheon UWM School of Continuing Education, 7th Floor, Plankinton Building, 161 W Wisconsin Avenue, Milwaukee, WI 53203 Friday, January 12, at 11:00 a.m. CT
MEDIA LOGISTICS: All media with equipment, including laptops and cameras, must be pre-set by 9:00 a.m. CT for the security sweep. Media without equipment may enter at 10:45 a.m. CT.
WATCH LIVE: This event will be live-streamed on speaker.gov/live.Read More
So, what are you doing in 2018? After enacting the most sweeping, pro-growth overhaul of our tax code in a generation, that’s a question we’ve been getting a lot.
We have important work to get done this year on behalf of the American people. But nothing is more important than rebuilding our military so that it can confront the evolving threats we face in the 21st century.
The reality is that our military readiness is in desperate need of repair. In fact, when Defense Secretary James Mattis returned to the Pentagon, he remarked that he was “shocked” by the state of readiness.
Army: Funding for modernizing the Army has been cut in half over the past eight years, leaving it “outranged, outgunned, and outdated,” according to General Daniel Allyn, former Vice Chief of Staff of the Army. During this time, the size of the army has been reduced by 90,000 soldiers and 15 brigade combat teams.
Navy: Insufficient training time, lack of resources, and overworked sailors putting in 100-hour work weeks has left the Navy “treading water” to keep up with operational demands, according to the nonpartisan Government Accountability Office. These shortfalls have contributed to a number of fatal accidents aboard U.S. vessels, and is one reason why less than half of the Navy’s aircraft are capable of flying.
Marines: Over the past decade, the number of fatal accidents or those resulting in the loss of aircraft for the Marine Corps has more than double, from 2.15 to 4.47 accidents per 100,000 flight hours, as of July 2017. As General Robert Neller, Commandant of the Marine Corps, explains, “The instability of our current fiscal environment, compounded by our current shortfalls in our Operation and Maintenance (O&M) accounts, impact our ability to maintain a ‘ready bench.’” As a result, roughly 80 percent of Marine aviation units lack the minimum number of ready basic aircraft.
Air Force: “We are stretching the force to the limit, and we need to start turning the corner on readiness,” says Air Force Secretary Heather Wilson. The Air Force today is at its smallest size in history, down from 8,600 aircraft and 134 squadrons in 1991 to just 5,500 aircraft and 55 squadrons today. Only half of Air Force combat forces are sufficiently ready for battle, and the average age of aircraft is now 27 years old. These shortages leave the Air Force with serious readiness challenges as we seek to confront serious threats around the world.
The House, Senate, and White House are unified in our commitment to ensure our troops have the tools they need to protect the homeland. That is why, as we laid out earlier this week, "It is important that we achieve a two-year agreement that funds our troops and provides for our national security." Click here to learn more.Read More
Happy New Year and welcome to 2018, where Americans are waking up across the country with a brand new, pro-growth tax code. Despite the doom and gloom rhetoric from the Left and special-interest groups, millions of hardworking people are already seeing benefits. Check out some of the companies that have already taken steps to reward their employees following enactment of the Tax Cuts and Jobs Act, and view a running list at MajorityWhip.gov/taxreformworks:
AAON: $1,000 bonus to all non-officer employees.
Advance Financial: $500,000 in total bonuses to employees, increased 401(k) match from 3 to 5 percent, and increased contribution to its charitable foundation.
Aflac: $250 million boost in U.S. investments and increased 401(k) benefits for workers, including a one-time contribution of $500 to every employee’s retirement savings account.
Alaska Airlines: $1,000 bonus t o11,538 non-officer employees, totalling $11,536,000 in bonuses.
American Airlines: $1,000 bonus to non-officer employees, totalling approximately $130 million in bonuses.
American Bank: $1,000 bonus to 60 employees, totalling $60,000 in bonuses.
American Savings Bank: $1,000 bonus to 1,150 employees, nearly its entire workforce, and increased minimum wage to $15.15 per hour, up from $12.21 today.
Americollect: $500 bonus for 250 employees, totalling $125,000 in bonuses.
Aquesta Financial Holdings: $1,000 bonus to all of its employees, and increased minimum wage to $15 per hour.
Associated Bank: $500 bonus to nearly all employees and increased minimum wage to $15 per hour, up from $10 today.
AT&T: $1,000 bonus to its 200,000 U.S. workers and $1 billion boost in U.S. investments.
Atlast Air Worldwide: $1,000 bonus to 3,100 employees, totalling $3,100,000 in bonuses.
Bancorp South: $1,000 to 4,000 employees, totalling $200,000 in bonuses, and increased pay for more than 70 percent of employees.
Ball Ventures: $100 bonus to each employee for every year of their employment.
Bank of America: $1,000 bonus for approximately 145,000 U.S. employees.
Bank of Colorado: $1,000 bonus for 641 employees, totalling $641,000,000 in bonuses.
Bank of Hawaii: $1,000 bonus for its 2,074 employees, or 95 percent of its workforce, and increased minimum wage to $15 per hour, up from $12 today.
Bank of the James: $15 minimum wage raise for employees with more than one year of serve, and increased charitable giving.
Bank of the Ozarks: $1,200 bonus for 2,300 employees, totalling $2,760,000 in bonuses.
BB&T Corp.: $1,200 bonus for almost three-fourths of its associates, or 27,000 employees, and increased minimum wage to $15 per hour, up from $12 today.
Berkshire Hills Bancorp: $1,000 bonus for 1,000 employees, totalling $1,000,000 in bonuses, and increased minimum wage to $15 per hour.
Boeing: $300 million boost in investments to employee gift-match programs, workforce development, and workplace improvements.
Central Bank of St. Louis: $1,000 bonus to full-time employees, $500 bonus to part-time employees, totalling $2,500,000 in bonuses for 2,500 employees.
Central Pacific Bank: $1,000 bonus all of its 850 non-executive level employees and increased minimum wage to $15.25 per hour, up from $12 today.
Charlie Bravo Aviation: $1,000 bonus for its six employees, totalling $6,000 in bonuses.
Charlotte Pipe and Foundry Company: $1,000 bonus for 1,400 employees, totalling $1,400,000 in bonuses.
Citizens Financial: $1,000 bonus to 12,500 employees, 70 percent of its total workforce.
Comcast NBCUniversal: $1,000 bonus for more than 100,000 employees.
Comerica: $1,000 for 7,659 non-officer employees, totalling $7,659,000 in bonuses, and increased minimum wage to $15 per hour.
Community Trust Bank: $1,000 bonus for full-time employees and $500 bonus for part-time employees, totalling $501,000 in bonuses.
Copperleaf Assisted Living: $600 bonus to 175 employees, toalling $105,000 in bonuses.
Dayton T. Brown Inc.: $400 bonus for its 210 employees.
Delaware Supermarkets Inc.: $150 bonus to 1,000 non-management employees and $150,000 increased investment in employee training and development programs.
DePatco Inc.: 200 employees to receive a bonus.
Dime Community Bancshares, Inc.: $1,000 bonus to 400 non-executive employees, totalling $400,000 in bonuses.
Elmer Smith Oil Company: $100,000 in bonuses to 300 employees.
Emkay, Inc.: $1,000 bonus to 150 employees, totalling $150,000 in bonuses.
Ennis Inc.: $500 bonus to 2,200 non-management employees, totalling $1,100,000 in bonuses.
EC Bancshares, Inc.: $500 bonus to full-time employees and $200 bonus to part-time non-executive management employees, and 10 new jobs added.
Express Employment Prc: $2,000 bonus to all non-executive level employees at the company’s Oklahoma City headquarters.
Fifth Third Bancorp: $1,000 for its 13,500 employees and raised minimum wage to $15 per hour, which alone will increase paychecks for nearly 3,000 workers.
FirstCapital Bank of Texas: $500 bonus for 197 employees, totalling $98,500 in bonuses.
First Farmers Bank & Trust: $750 bonus for all full time employees, minimum $150,000 annual investment in employee development, minimum $250,000 annual investment in community development, increase minimum hourly wage by $2.50 for all new employees.
First Financial Northwest: $1,000 for 138 non-officer employees, totalling $138,000 in bonuses.
First Hawaiian Bank: $1,500 bonus for its 2,264 employees and increased minimum wage to $15 per hour.
First Horizon National Corp.: $1,000 bonus to employees who do not participate in company-sponsored bonus plans.
First Tennessee: $1,000 bonus to 4,000 employees, totalling $4,000,000 in bonuses.
Gate City Bank: $1,000 bonus to its employees and $500,000 increased donation to its local community.
Gnarly Barley Brewery: Increased investment in equipment to expand, new coverage of health benefits for employees.
Great Southern Bancorp: $1,000 bonus to full-time employees, $500 bonus to part-time employees, affecting 1,200 workers and totalling $1,200,000 in bonuses.
Gulf Coast Bank: 50 percent increase in funds given to its community rewards program.
HarborOne Bank: $500 bonus to 600 employees, totalling $300,000 in bonuses.
Hartford Financial Services Group: $1,000 bonus to 9,500 employees making less than $75,000 per year or less, totalling $9,500,000 in bonuses.
Hawaii National Bank: $1,000 bonus to 168 employees, totalling $168,000 in bonuses.
IAT insurance Group: $3,000 bonus to 700 non-executive employees, totalling $2,100,000 in bonuses.
INB: $500 bonus to 200 non-senior executive employees, totalling $100,000 in bonuses.
Insurer Travelers, Inc.: $1,000 bonus to employees who make under $75,000 per year, and increased minimum wage to $15 per hour for workers who make less than that.
JetBlue: $1,000 bonus to 21,000 employees, totalling $21,000,000 in bonuses.
Jordan Winery: $1,000 bonus to 85 employees, totalling $85,000 in bonuses.
Kansas City Southern: $1,000 bonus to employees of its subsidiaries in the U.S. and Mexico.
Malaleuca: $100 bonus for every year an employee has worked at the company—an average of $800 for each of its 2,000 workers.
MB Financial, Inc.: $15 per hour minimum wage raise and $7,500,000 contirbution to its charitable foundation.
Mid-AM Metal Forming: 140 employees to receive a bonus.
National Bank Holdings Corp.: $1,000 bonus to all non-commissioned associates who earn a base salary under $50,000.
Nationwide: $1,000 bonus to 29,000 employees and increased contributions to 401(k) accounts for 33,000 employees.
Navient: $1,000 bonus to all non-officer employees, representing 98 percent of its total workforce.
Nelnet: $1,000 bonus for nearly all of its 4,100 employees.
Nephron Pharmaceuticals: Five percent wage increase for its 640 employees.
Nexus: 5 percent wage increase and plans to hire 200 new workers in 2018.
OceanFirst Bank: $15 minimum wage raise, up from $13.60 today, which will affect at least 166 employees.
Ohnward Bancshares: $1,000 bonus for its 260 employees, totalling $260,000 in bonuses.
Old Dominion Freight Line Inc.: $500 bonus to 22,000 employees, totalling $11,000,000 in bonuses.
PNC Bank: $1,000 bonus to 47,500 employees and $1,500 increase to workers' existing pension accounts.
Pinnacle Bank: $1,000 bonus for all of its full-time employees in Nebraska, Kansas, and Missouri.
Pioneer Credit Recovery: $1,000 bonus to its employees.
Regions Financial Corporation: increased minimum wage to $15 per hour, $40 million contribution to the company's charitable foundation, increased capital expenditures budget by approximately $100 million.
Rush Enterprises Inc.: $1,000 discretionary bonus to its 6,600 U.S. employees.
Sheffer Corporation: $1,000 bonus to 126 employees, totalling $126,000 in bonuses.
Sinclair Broadcast: $1,000 bonus to nearly 9,000 employees.
South Point: $1,000,000 paid out in total bonuses.
Southwest Airlines: $1,000 bonus to its employees and $5 million donation to charity.
Stifel Financial Corp.: $1,500 bonus for its 7,000 employees, totalling $10,500,000 in bonuses.
Summit State Bank: $2,000 bonus to 78 non-executive employees, totalling $156,000 in bonuses.
SunTrust: $15 minimum wage raise, $50 million increase in community grants, a one percent 401(k) contribution for all employees, and more.
TCF Financial: $1,000 bonus for full-time employees and $500 bonus for part-time employees, totalling $5,000,000 in bonuses, and $5,000,000 donation to its corporate foundation.
Territorial Savings Bank: $1,000 bonus to 247 employees, totalling $247,000 in bonuses, and increased minimum wage to $15 per hour, up from $11.25 today.
Texas Capital Bank: $1,000 bonus to 900 employees, totalling $900,000 in bonuses.
The Floor Insurance Agency: $1,000 to 17 employees, totalling $17,000 in bonuses.
Total System Services: $1,000 bonus to 11,500 employees excluding those at the senior director leveland above, totalling $11,500,000 in bonuses.
Travelers: $1,000 bonus to 14,000 employees with a base salary of $75,000 or less, totalling 14,000,000 in bonuses.
Turning Point Brands, Inc.: $1,000 bonus to 107 employees.
Unity Bank: $750 bonus to 200 non-executive management employees, totalling $150,000 in bonuses.
U.S. Bank: $1,000 bonus for nearly 60,000 employees, increased minimum wage to $15 per hour for hourly employees, and $150 million contribution to the U.S. Bank Foundation.
Washington Federal, Inc.: 5 percent wage increase for employees earning less than $100,000 per year and increased investments in technology infrastructure and community projects.
Webster Financial Corp: $1,000 bonus to 2,380 full-time employees below the vice president level, totalling $2,380,000, and increased minimum wage to $15 per hour.
Wells Fargo: $15 minimum wage raise, up from $13.50 today, and increased charitable giving by approximately 40 percent to $400 million.
Windsor Federal Savings: $250 bonus for all employees except senior management, and increased minimum wage to $15 per hour.
Western Alliance: 7.5 percent wage increase for the lowest-paid 50 percent of its employees.
YAM Worldwide: $2,000 bonus to employees who have been at the company longer than six months and $1,000 bonus to all other employees, affecting 725 employees and totalling $1,450,000 in bonuses.
Yancey Bros: $500 bonus to 1,200 employees, totalling $600,000 in bonuses.
Zions Bancorp: $1,000 bonus to 80 percent of its employees, or 10,056 workers, totalling $8,045,000 in bonuses.Read More
WASHINGTON—The White House, the Senate Majority Leader's Office, and the House Speaker's Office issued the following joint statement:
"Today the Republicans and Democrats in Congress shared their priorities for a bipartisan spending agreement. The American people deserve a government that funds our great military, protects our borders, and leads to a more prosperous future for all. It is important that we achieve a two-year agreement that funds our troops and provides for our national security and other critical functions of the Federal government. It also remains important that members of Congress do not hold funding for our troops hostage for immigration policy. We’ve been clear about these budget priorities from the beginning and hope that further discussions will lead to an agreement soon."Read More
A new year brings a fresh start for people all over the country. There are new resolutions, new aspirations, new hope. This year, the same is true for the American economy. That’s in large part thanks to the Tax Cuts and Jobs Act, passed by Congress and signed into law by President Trump right before Christmas.
This legislation brings tax cuts to people and families at all income levels. It levels the playing field for American businesses, incentivizing companies to stay in America and hire U.S. citizens.
The tax cuts bill immediately brought a wave of economic confidence to begin 2018.
Right away upon passage, companies announced bonuses, pay raises, and reinvestment in their employees and the economy.
The stock market soared following the bill becoming law, thanks to the outstanding effects the corporate tax cut will have on the American economy.
As Chris Edwards, director of tax policy studies at the Cato Institute, told Fox Business, “The new tax law will tilt corporate decision-makers to move ahead with more of the U.S. projects they were considering because the returns will now be higher. That means new and expanded factories and facilities across the nation, which will push up the demand for labor and increase hiring and wages.”
In other words, the new tax law is good news for the U.S. economy. And what’s good news for the U.S. economy is good news for the American people. A new Wall Street Journal report noted that, after almost a decade of stagnant growth, wages in the U.S. are finally starting to increase, which means bigger paychecks for people in 2018.Read More
From big public ceremonies to small personal moments, the Office of the Speaker takes approximately 30,000 photos each year. Narrowing those down to just a few of our favorites is no easy task, but in chronological order, these seventeen photos tell the story of 2017 for Speaker Ryan.
1. Look your best - Speaker Ryan helps his oldest son, Charlie, get ready for Opening Day of the 115th Congress.
2. The Speaker of the House - Speaker Ryan raises the gavel in gratitude to the 115th Congress.
4. Boots at the Border - Speaker Ryan tours the Rio Grande Valley to observe border security operations.
5. Vice President Pence – He may serve as the Vice President, as well as the president of the Senate, but he will always have a home in the House of Representatives.
6. Reining in Regulations - Speaker Ryan signs a series of Congressional Review Acts, putting an end to some of the worst Obama-era regulations.
7. Friends of Ireland - Speaker Ryan, Taoiseach Kenny of Ireland, and Rep. Peter King (R-NY) welcome President Trump and Vice President Pence to the Capitol for the annual Friends of Ireland luncheon started by President Reagan and Speaker O'Neill.
8. As far as the eye can see - Speaker Ryan makes phone calls from his office overlooking the National Mall.
9. Accountability for our veterans - Speaker Ryan signs and sends major bipartisan VA reform legislation to the president's desk.
10. “You were just released from the hospital today?!” – Special Agent Crystal Griner surprises the crowd, and the speaker, when she shows up at the Congressional Women’s Softball Game to throw out the first pitch, the very same day she was released from the hospital after taking a bullet in the Alexandria shooting.
11. The Big Six - Speaker Ryan meets with Senator Hatch, Leader McConnell, Rep. Brady, Secretary Mnuchin, and Gary Cohn (on the phone), to discuss tax reform.
13. Hurricane Irma - Speaker Ryan looks out the back of a C-130 to survey Hurricane Irma’s devastation along the Florida Keys.
14. Scalise Strong - Speaker Ryan greets Majority Whip Steve Scalise upon his return to the People’s House after being shot in June while practicing for the Congressional Baseball Game.
15. A Big Tree from Big Sky Country - This year's Capitol Christmas Tree comes all the way from the Kootenai National Forest in Montana.
16. A Promise Kept - Members of Congress gather at the White House to mark the passage the Tax Cuts and Jobs Act.
17. Signed. Sealed. Delivered. – Accompanied by Sen. Orrin Hatch, Senate president pro tempore, Speaker Ryan signs the Tax Cuts and Jobs Act, sending the legislation to the president’s desk to become law of the land.Read More
In true December fashion, this month was one of the busiest, and most festive, months of the year. While the halls of the Hill were often abuzz with tax reform-related activities, Members of Congress and staff also took the time to celebrate all that comes with the holiday season. We saw the Capitol Christmas Tree take its rightful place on the West Front, the Speaker lit the office Menorah, and more.
Here are eight photos that show our favorite moments from the month of December:
1. They said it couldn’t be done. – Speaker Ryan and fellow House leaders speak to members of the press following the House’s passage of historic, pro-growth tax reform legislation.
2. Signed. Sealed. (Almost) Delivered. – Accompanied by Sen. Orrin Hatch, Senate president pro tempore, Speaker Ryan signs the Tax Cuts and Jobs Act, sending the legislation to the president’s desk.
3. Good job, bud. – Congress passed the largest reform of our country’s tax code in 31 years. During a White House ceremony celebrating Congress’s passage of the Tax Cuts and Jobs Act, Speaker Ryan and Vice President Pence take a moment to soak it all in.
4. It’s lit. – Speaker Ryan and 11-year-old Montanan Ridley Brandmayr light the Capitol Christmas Tree. This year’s tree comes from the Kootenai National Forest in Montana.
5. It’s lit, too. – Surrounded by servicemembers of the Jewish faith, Speaker Ryan lights the office Menorah on the first night of Hanukkah.
6. We did it! – President Trump congratulates Speaker Ryan on a job well done at a White House ceremony celebrating the passage of the largest reform of our country’s tax code in a generation.
7. Merry Christmas, and thank you for your service. – Speaker Ryan writes Christmas cards to some of our nation’s active duty servicemembers at an event hosted by the American Red Cross.
8. And you get a kringle! – Speaker Ryan gifts Vice President Pence with a Racine, Wisconsin-made kringle, a Danish pastry, for Christmas.
And because it never gets old, here’s one last(?) picture of the Capitol Christmas Tree with the lit Capitol Dome. Happy Holidays!Read More
It's Christmas, and finally, after a year filled with common-sense wins for the American people, all is calm on Capitol Hill.
From all of us in the Speaker's Office, we hope you and your loved ones have a very merry Christmas and a happy new year.Read More
"December 23rd? That's a date I'll take."
That is what Speaker Ryan said back in May—and repeatedly since then—when promising to have tax reform passed and placed on the president's desk by Christmas. Today, with the signing of the Tax Cuts and Jobs Act, that promise made is now is a promise kept.Read More
This week, House Speaker and Wisconsin’s First District Congressman Paul Ryan spoke to TMJ4’s Charles Benson about how Wisconsinites will benefit from the Tax Cuts and Jobs Act. Watch the interview here and check out excerpts below:
Paul Ryan: “I ran the numbers on Wisconsin, the average family of four in Wisconsin, earning the median income in Wisconsin, is going to get a little over a $2,000 tax cut, next year alone. That helps a lot of people who are living paycheck-to-paycheck. That helps a lot of people in Wisconsin who are struggling to make ends meet, who are nervous about their situation, their economic problems.”
Paul Ryan: “Here’s how you should do the math, I was in Beloit this weekend at a Volleyball tournament…”
Charles Benson: “You’re talking [about] this at a Volleyball tournament?”
Paul Ryan: “Oh yeah, everywhere I go I get this. . . .Double the Child Tax Credit from where it is today, so if you have kids, your Child Tax Credit goes from $1,000 to $2,000, your tax rates go down across the board, everybody’s tax rates go down, and thirdly the standard deduction doubles, so instead of having the first $12,000 not being taxes, your first $24,000 as a family is not being taxed. But what is just as exciting is the wage increases we think will come from having business tax relief, so that we can make businesses more completive, so they can hire more people, pay more wages, but more importantly compete in a global economy that we’ve been really not doing well with that. We’ve had the worst tax code in the industrialized world. Now we’re going to have one of the best.”
Paul Ryan: “Charles, you’re a Milwaukee guy, the biggest company we have in Milwaukee that was publically traded was Johnson Controls, which used to be headquartered in Milwaukee, Wisconsin. . . .Their headquarters are in Cork, Ireland, because Ireland has a 12.5 percent tax rate, not a 35 percent tax rate. When you start losing headquarters, when you start losing companies going overseas, we lose jobs.”
Charles Benson: “You’re eliminating the individual mandate, and some people fear that’s going to cost them more?”
Paul Ryan: “Actually it’s quite the opposite. So instead of making people buy health insurance they don’t want or can’t afford, we’re letting people do what they want to do. We’re giving people freedom to buy the health care plan of their choosing, instead of forcing people to buy a plan that they don’t want or can’t afford.”Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement on enactment of the Tax Cuts and Jobs Act: “The biggest tax reform in a generation is now the law of the land. As promised, the American people will begin the new year with a new tax code. “At a time when many Americans are still living paycheck-to-paycheck, tax reform means more jobs, fairer taxes, and bigger paychecks. Already, workers are reaping the benefits of reform as companies take steps to reward their employees and expand their businesses. And soon, workers will begin to see bigger paychecks as new withholding tables take effect. Typical families of four can expect a tax cut of $2,059 next year as rates are lowered across the board. That is what this is all about: helping people earn more and keep more of what they earn. “This is truly a moment of great hope and potential for our country. I would like to thank President Trump, Leader McConnell, Chairman Hatch, and Chairman Brady for their tireless work to make this day a reality. At long last, real tax relief is on the way. Merry Christmas.”Read More
You've seen it in your inboxes and newsfeeds all week: photos, videos, articles—and plenty of hot takes—about the historic passage of tax reform. But now, for something a little different, here are the top 3 moments from the week as seen in GIFs.
1. The House passes the Tax Cuts and Jobs Act.
2. President Trump congratulates Congress for the passage of tremendous tax cut legislation.
3. Speaker Ryan and Senator Hatch sign the landmark legislation before sending it to the White House.Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) released the following statement after the House voted on legislation to fund the government.
“Today, the House responsibly voted to continue the government operations and fulfill basic obligations—including funding the Children’s Health Insurance Program (CHIP) and providing resources for hurricane and wildfire ravaged states. It’s disappointing that House Democrats overwhelmingly voted against these measures. I hope that they will return in the new year willing to work with us to complete our work, most importantly to adequately provide for our men and women in uniform.”Read More
WASHINGTON—On Wednesday, January 17, leaders of the U.S. House and Senate will present a Congressional Gold Medal to former Senate Majority Leader Bob Dole in recognition of his service to the nation as a soldier, legislator, and statesman.
Robert Joseph “Bob” Dole was born on July 22, 1923, in Russell, Kansas. In 1942, while away at college, he enlisted in the United States Army to serve during World War II, where he suffered devastating injuries while trying to help a fellow soldier. He was later awarded two Purple Hearts and a Bronze Star for his service during the war. Later, he went on to represent the state of Kansas in the United States Congress from 1961 until 1996—eight years in the United States House of Representatives, followed by 27 years in the United States Senate. During his 35 years in Congress, Senator Dole was a strong advocate for the disabled, prioritizing policy over partisanship to achieve significant Social Security reforms and advance the Americans with Disabilities Act. Since his time in Congress, Senator Dole has continued to selflessly serve the American public—especially our nation’s veterans.
House Speaker Paul Ryan (R-WI), Senate Majority Leader Mitch McConnell (R-KY), Senate Democratic Leader Chuck Schumer (D-NY), and House Democratic Leader Nancy Pelosi (D-CA) will take part in the bipartisan, bicameral ceremony.
The Congressional Gold Medal is the highest civilian honor the United States can bestow. In accordance with Public Law No:115-60, a single gold medal has been struck to honor Senator Dole.
The ceremony will take place at 3:00 p.m. ET in the Rotunda of the United States Capitol and will be live-streamed on speaker.gov/live. For more on the history of the Congressional Gold Medal, check out this behind-the-scenes video.Read More
WASHINGTON—Wisconsin’s First District Congressman and Speaker of the House Paul Ryan today welcomed the Air Force’s announcement that the 115th Fighter Wing at Truax Field Air National Guard Base (ANG) in Madison, Wisconsin has been chosen to host an F-35A Operational Wing mission beginning in early 2023:
“This is a big day for Wisconsin’s military community and the whole region. The Air Force agrees that the great men and women of the Wisconsin Air National Guard are uniquely prepared to host the F-35. This decision boosts the Truax base, which is already such an integral part of the area, and contributes a great deal to our national security. I want to congratulate all the people in the community who worked tirelessly to make this possible, but most importantly the men and women of the 115th Fighter Wing, who represent us with integrity and excellence every single day.”
Background Air Force Secretary Heather Wilson called Speaker Ryan this morning to notify him of the Air Force’s decision. Truax Field ANG was chosen alongside Dannelly Field in Alabama as one of two F-35A bases. Speaker Ryan and a bipartisan coalition of the Wisconsin congressional delegation worked to secure the F-35 for years. You can read the delegation’s most recent appeal to the Air Force here. To learn more, click here to read the official announcement from the Air Force.Read More
WASHINGTON— Today, House Speaker Paul Ryan (R-WI) and members of Congress held an enrollment ceremony for H.R. 1, the Tax Cuts and Jobs Act. With the speaker’s signature, the landmark legislation heads to President Trump’s desk—where it will soon become law. Following are Speaker Ryan’s remarks as delivered:
“So many of us have been working on this issue for a long time. And as a former chairman of the Ways and Means Committee, I just have to tell you how so many men and women here have fought for this moment. So I also want to echo what Kevin Brady said. I want to thank the staff for all their hard work. I want to thank George Callas on our staff, who came from the Ways and Means Committee to the speaker’s office with me, and so many other people to make this possible. “We come to these jobs to try and improve the lives of the people we represent. And this bill, more than so many other things we’ve ever tried to do, does that. And so we’re very thankful, and we’re very hopeful. “Because when we’ve been working on this issue for so many years, we can see on the horizon this great potential for our people and for our economy. We know this is the greatest country on Earth, and we know that America has better days ahead. And we know that America has so much more potential to tap. This bill taps that potential. “You know, I just look at the state of Wisconsin. The average income family of four in Wisconsin is going to get in excess of a $2,000 tax cut. That’s real relief for real people living paycheck-to-paycheck.
“We’re heartened that hours after this bill passed, we’re seeing companies across the country giving bonuses to their employees. One company in Philadelphia, $50 billion in capital improvements and investment over the next five years because of this tax bill.
“We’re encouraged at the fact that this is going to give the American economy the jolt of energy it needs to give people the opportunity they deserve. “So we’re so excited about this chance and this opportunity. And we’re so thankful to the men and women of this country who sent us here to work on their behalf. And that we are able to actually deliver this generational defining reform and this moment. “So at this time, I’d simply want to ask the Senate pro tem, Senator Hatch, to join me in enrolling and signing this legislation.”
Signed. Sealed. And about to be delivered to the president's desk. pic.twitter.com/3u2ST6ZSjT— Paul Ryan (@SpeakerRyan) December 21, 2017
Following the passage of historic tax reform, Speaker Ryan spoke to CNBC and Fox News about how the Tax Cuts and Jobs Act will bring real relief to middle-income Americans. Watch the interviews and check out the excerpts below.
Speaker Ryan: “If you’re living paycheck-to-paycheck, which is more than half of the people in this country, making the median family income of four and you got a $2,000 tax cut next year, that’s not nothing. . . . To families who are out there struggling, that’s something. Doubling the child tax credit, doubling the standard deduction, lowering rates across the board, that means a lot, to a lot of people.”
Joe Kernen: “Here’s one thing I got from the Joint Committee on Taxation. If you take what we think of as the middle-class, people earning between $40,000 and $200,000, not the top 5 percent, between the top 5 percent and the bottom 50 percent, that 45 percent, they pay 37.6 percent of personal taxes, of the total, they get 52 percent of the tax cut. Whereas the top 5 percent pay 59 percent of the taxes but only get 43 percent of the tax cut. So that’s 87 percent more that the people in the middle-class are getting so how is it being characterized as a tax cut for the rich . . . . It’s picked up by the media, every headline I see in every newspaper and every cable channel I turn on, that’s what I see. . . . Is it impossible to get the message out?”
Speaker Ryan: “It’s impossible to get the message out in the slew of all of this because that is the mantra, it has been the mantra, it will be the mantra, and it’s always been the mantra. Look there’s a different philosophy here. On the left, people look at life and the economy as a zero-sum game, that it’s not dynamic. That someone’s gain comes at another person’s loss. That the economic pie of life is fixed and that it’s government’s job and role to equitably distribute the pie. We have a different philosophy. We believe in equality of opportunity, not equality of outcome. This is the equality of outcome philosophy. So you have to understand the philosophy behind making those talking points and that’s what it is.”
Martha MacCallum: “Why is there such a disconnect between what people think they are going to get and what the numbers are telling us they will get?”
Speaker Ryan: “Well when people are bombarded with that kind of rhetoric, no wonder they're a little confused. When they're bombarded from the rhetoric from the Left and from a lot of people in the media, that this is going to hurt them, this is going to raise their taxes, it's going to do other things, people are going to be confused. You know, this was the kind of debate I'm told they had in '86 when Reagan passed his tax reform. In the polling before they passed it, only 18 percent of Americans at the time thought they were going to get a tax cut. So this is the kind of hyperbolic rhetoric you have when we're doing monumental reform, which lets people keep more of their own hard-earned dollars, which gets our businesses in sync with the rest of the world so we're not punishing them and losing jobs. The Left hates this. They're not for it. And what the news you're seeing today, just in hours, you just mentioned in your lead in, AT&T $1,000 bonus for what, 200,000 employees? A billion dollar capital investment? There's—you know that tells me that's 7,000 jobs right there. Comcast, $1,000.”
WASHINGTON—House Speaker Paul Ryan (R-WI) spoke at the White House following congressional passage of the conference report to H.R. 1, the Tax Cuts and Jobs Act. Below are his remarks.
“First of all, what this represents is a promise that each and every one of us made to the American people last year is a promise that is kept today.
“Something this big, something this generational, something this profound could not have been done without exquisite presidential leadership. Mr. President, thank you for getting us over the finish line. Thank you for getting us where we are.
“I just quickly want to say a thanks because this has been such a team effort from everybody. I want to thank Gary Cohn and Steve Mnuchin from the president’s economic team for what they did to get us here.
“I want to thank my partner, Mitch McConnell, over in the Senate for getting us to where we are. And I want to thank these two chairman, Orrin Hatch and Kevin Brady, thank you so much for your leadership on this.
“It is really simple. The message to the hardworking taxpayers of America is ‘your tax relief is on its way.’ That is what’s happening here. The message to the families in America who have been struggling paycheck-to-paycheck is ‘your tax rates are going down and your paychecks are going up.’
“This is the kind of relief that Americans deserve. This is the kind of tax reform and tax cuts that get our economy growing to reach its potential. This gets us better wages, bigger paychecks, a simpler tax system. This gets the American economy competitive in the global economy.
“This is one of the most important things we could do for all of the people we represent. This is generational and we are so excited that we are going to launch next year this fantastic tax reform—so the American people can see how we can truly reach our economic growth and our economic potential.
“And if it weren’t for all the leadership of the men and women up here, this would not have been made possible.
“But lastly, I just want to thank the American people. I want to thank the American people for putting their trust in us, for giving us this chance and this ability to make this moment possible. Thank you very much.”
Today, we kept our promise to the American people → Real tax relief is on the way. Tax rates are going down and paychecks are going up. pic.twitter.com/HrF2QtuwCv— Paul Ryan (@SpeakerRyan) December 21, 2017
It’s only been a few hours since the House voted to send the final version of the Tax Cuts and Jobs Act to President Trump, and we are already starting to see results.
AT&T just announced that it will give 200,000 employees a $1,000 bonus once the bill is signed into law. In addition, the company plans to keep its promise to invest an additional $1 billion in the United States.
“This tax reform will drive economic growth and create good-paying jobs,” said AT&T chairman and CEO Randall Stephenson. “In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees."
Boeing is taking action as well, declaring that it will make a $300 million employee-related and charitable investment thanks to tax reform.
“For Boeing, the reforms enable us to better compete on the world stage and give us a stronger foundation for the investment in innovation, facilities and skills that will support our long-term growth.”
It’s clear American companies are ready for the Tax Cuts and Jobs Act to become law. Our reforms will enable them to compete on a level-playing field and bring capital back home to reinvest in their businesses and raise wages for hardworking employees.
This isn’t fantasy world—This is what our country will look like with a new tax code in 2018. And it’s just the beginning.
To learn more, visit speaker.gov.Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) released the following statement following House passage of the conference report to H.R. 1, the Tax Cuts and Jobs Act.
“Today, Congress approved a once-in-a-generation tax reform bill. This is the end of a long journey to deliver major tax relief to the American people. Now, this historic legislation will be sent to the president’s desk so we can start 2018 with a new tax code.”
Today, Congress approved a once-in-a-generation tax reform bill. Now, this historic legislation will be sent to the president’s desk so Americans can start 2018 with a new tax code. pic.twitter.com/gvMK9UY9lp— Paul Ryan (@SpeakerRyan) December 20, 2017
This morning, Speaker Ryan made the rounds on four morning shows to discuss how the Tax Cuts and Jobs Act will deliver real relief and bigger paychecks for middle-income families. Watch the interviews and check out the excerpts below.
Speaker Ryan: “The average family of four in America earning the median income is going to get a $2,059 tax cut. And when more than half of Americans are telling us that they are living paycheck-to-paycheck, that’s real relief. When you double the per Child Tax Credit, when you double the standard deduction, and you lower the rates across the board for every income group, that’s real relief for families, for individuals. So that’s really helpful and that’s really something I think is needed in these difficult economic times where people literally are living paycheck-to-paycheck.”
Speaker Ryan: “Number one, all tax rates go down. The top rate and every rate in between are lowered. So you get lower rates across the board. Number two, we double the standard deduction. That means you can see our postcard, I like to bring this thing up. Still nearly nine out of 10 people in America will be able to do their taxes on a form the size of a postcard because they’ll take that standard deduction. . . .The average tax cut for your viewers, the median family of four in America is going to get a $2,059 tax cut. So that’s real money for real people who are struggling.”
Speaker Ryan: “People have been hit by the media and the Democrats on their TV screen that everyone is getting a big tax increase, and that’s just not the case. The average median family of four in America is going to get a $2,059 tax cut. The average taxpayer in every income group is getting a tax cut, so I think when people actually see that instead of getting tax increases, they’re getting a tax cut, when they see the withholding tables changing in February and seeing more money in their paychecks, when they’re seeing the economic growth that will result from historic tax reform, I think minds are going to change.”
Speaker Ryan: “People are living paycheck-to-paycheck in this country, more than half the people in this country. Another group of people in this country are about one check away from living paycheck-to-paycheck. We have not had a 3 percent growth economy since before the great recession in 2008. What that means is stagnant wages, flat living standards. You have to get faster economic growth, so that people can get ahead in America. That’s what we’re doing. The average tax cut for the median family of four in America is going to be $2,059. $2,000, if you’re living paycheck-to-paycheck, is a serious tax cut. So what we’re trying to do here is give relief to hardworking families, give relief to Americans, we’re doubling the Child Tax Credit, doubling the standard deduction, lowering rates across the board, we’re making it so simple so that nine out of 10 taxpayers can do their taxes on a form like a postcard.”Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement after the Senate passage of the conference report to H.R. 1, the Tax Cuts and Jobs Act:
“After years of work, we are going to enact the most sweeping, pro-growth overhaul of our tax code in a generation. Americans are going to see relief almost immediately in the form of bigger paychecks and lower taxes. I commend Leader McConnell and Chairman Hatch for working closely with the House to produce this historic legislation, and I look forward to joining them to send it to the president.”Read More
Today, following the House’s historic vote to reform the tax code for the first time since 1986, Speaker Ryan and House leaders held a press conference in the U.S. Capitol. Below are Speaker Ryan’s remarks:
“I want to start off by thanking the American people, our constituents, for sending us here to do this work for them. This is one of the most important pieces of legislation that Congress has passed in decades to help the American worker, to help grow the American economy. This is profound change, and this is change that is going to put our country on the right path.
“For all those millions men and women in America who are living paycheck-to-paycheck, who are struggling to get ahead—help is on the way. For all those businesses that are tied with one hand behind their back in this global economy, having a hard time competing—help is on the way.
“I want to thank Chairman Kevin Brady. I want to thank all the men and women who made this possible. This has been a long work in progress. And what this achievement marks is a promise that this majority made, and a promise this majority is keeping. We said in 2016 that it would take real tax reform for families and businesses to get the American economy growing, and we were serious. The American people placed their trust in us to do this work for them. And today we’re making good on that promise. We’re fulfilling that promise. And this promise being kept today is one of the most important things we could do to get the U.S. economy growing faster, to help get people bigger paychecks, to have a fairer tax system, and to simplify the system so we can have more peace of mind.
“So Kevin said it the right way: On January 1, Americans are going to wake up with a new tax code. In February, they’re going to see withholdings go down so they see bigger paychecks. And April 15 will be the last day they have to comply with the old, bad system.
“This is a good day for America. This is a good day for workers. This is a great day for growth. And we’re very excited about this moment.”Read More
WASHINGTON—Today, House Speaker Paul Ryan (R-WI) delivered remarks ahead of a House vote on the conference report to H.R. 1, the Tax Cuts and Jobs Act. Following are the speaker’s remarks as prepared for delivery:
“I want to thank all the members who have contributed to this legislation, especially the members of the Ways and Means Committee. I want to personally thank one of my predecessors as chairman, Dave Camp. We would not be here today without his work. And I want to commend and express my profound admiration for the architect of this measure, Chairman Kevin Brady. His endless patience and persistence has seen this through. “My colleagues, this is a day I have looked forward to for a very long time. We are about to achieve some big things—things that the cynics have scoffed at for years, decades even. Ideas we have worked on for so long . . . to help hardworking Americans who have been left behind for too long. “Today, we give the people of this country their money back. The bottom line here is that a typical family making the median family income will get a $2,059 tax cut next year. This is real relief for families out there living paycheck-to-paycheck, struggling to make ends meet.
“They hear about the economy getting better, but now we need to make sure they see their own personal economy getting better. Things are tough right now for many families across the country. Today is about how much better things can be: More jobs, fairer taxes, and bigger paychecks. Faster growth and real upward mobility. A strong economy that makes all of us stronger. Those are the effects—the benefits—of reform. “Here is the heart of it. Here is why it is so vital. Here is what it speaks to in what I truly believe is a generational defining moment for this country. Our tax code is so broken that it undermines the very things that make our nation so exceptional. It punishes hard work and discourages our entrepreneurial spirit. It dims freedom and free enterprise, and limits the potential of our people.
“When Americans see good jobs going away, companies they grew up with in their communities going away, they wonder if we have lost something bigger. The mission that drives us today is to restore the American Idea. It is the belief that the condition of your birth does not determine the outcome of your life. It is that sense of possibility. We want people to be free to strive and make the most of their lives. We want a country with the resilience to endure and tackle its challenges.
“Economic growth and job creation will not solve all of our problems, but they will make our problems easier to solve. This is the direction we are choosing today. We know where the status quo leads.
“For years, the powers-that-be have blocked and stonewalled reform under the umbrella of an arrogant, condescending, and paternalistic ideology. An ideology that seeks to limit mobility, to limit aspirations, to accept less in our lives. It is a view of the world that sees life and the economy as a zero-sum game. “Look where that got us: the worst recovery since World War II, flat wages, an economy just limping along. Stagnation is a breeding ground for a class-based society where elites seek to predetermine the outcome our lives. “They will tell you: just hand over more freedom to unelected bureaucrats, and it will be okay. Hand over more of your hard-earned money to the IRS, and it will be okay. There’s your scam right there. “We know, given the opportunity, there are no limits to what our people can do. Yet for years now, the tax code has been skewed to the well-connected, full of special carveouts and loopholes.
“Meanwhile, the hardworking family has to jump through all the hoops the IRS can muster. Reform means we bring down rates at every level, and clear out loopholes. People keep more of what they earn in the first place. No special favors, just basic fairness.
“Reform means simplification too—nearly nine out of 10 Americans will be able to do their taxes on a form the size of a postcard. This is just a revelation. And given the opportunity, there are no limits to what our workers and entrepreneurs can do.
“Yet while the world has changed, our tax code has not. Instead of leading, we have fallen behind, to the point we are now the worst in the industrialized world at how we tax our businesses. It is basically open season for competitors to come in and take our jobs overseas.
“Reform means we go from the back of the pack toward the front. Instead of the slow growth we have been slogging through for years, we go back to real, sustained growth. We build an opportunity economy where there is more demand for high-wage jobs. This is without question the single most important thing we can do to once again make America the best place to do business. “There is more here. With this bill, finally, we are restoring the freedom to make your health care choices. By repealing the individual mandate at the heart of Obamacare, we are giving back the freedom and flexibility to buy the health care that’s right for your family.
“And, finally, we are doing something historic to develop our own energy resources. After decades of debate in this chamber, we are opening up a small, non-wilderness area of the Alaska National Wildlife Refuge for responsible development. It is the most ambitious step we have taken in years to secure our energy future. “So this is one of those times to just take a minute and step back from the noise. We talk a lot in these jobs about turning points. There is no doubt that we are at one now, one that will determine the kind of country we have through this century.
“But too often, we have seen before how doubt creeps in, short-sighted interests prevail, and history fails to turn. There is, after all, a reason this has not been done in more than 31 years.
“If this is a generational defining moment, let it be defined by optimism, not fear.
“By the rising aspirations of our people, and not the doom and gloom of managed decline. “This is our chance. This is our moment. “Let us turn at this turning point. “To reclaim the principles that have guided us for generations.
“To recapture our destiny for generations to come.
“A nation more united, more confident, and more free.”Read More
Summary: Today at a leadership press conference, Speaker Ryan discussed the historic nature of today’s vote on the Tax Cuts and Jobs Act.
“First of all, I want to join Cathy in just saying how saddened we are by the terrible loss of life in DuPont, Washington. Our thoughts and prayers are with the victims and the people who are injured. And our thanks go out to the first responders who are tending to this terrible accident in Washington. “Cathy also talked about how tax reform’s going to help people with disabilities. That kind of gets to the heart of what this is all about. This is about expanding opportunity to people who are striving to make the most of their lives.
“The reason we’re here doing this is because we want people to reach their potential. And we know in this country we’re not reaching our potential. And we know one of the greatest things we can do to do that is pass this tax reform bill. “With this tax reform, families at every income level get a tax cut, but especially middle-income families. The typical family of four making the typical income of $73,000 will get a tax cut of $2,059. Let me repeat that: The typical family of four making the median family income gets a $2,059 tax cut next year. “This is real relief. This is real relief and people are going to see this in their paychecks before too long.
“Look, you’ve all heard us say it, but this is very true. More than half the people in this country are living paycheck to paycheck. Almost another half are people who are telling us that they’re about one paycheck away from living paycheck-to-paycheck. There’s real economic anxiety in America.
“But there’s so much potential for our people, for our country, for our economy. Small businesses, Main Street businesses—that’s where most of the jobs come from—they get real relief in addition to the families. Workers are going to get a more level playing field. That’s going to boost wages. That’s going to bring more jobs back home. “This is going to make such a positive difference in the lives of everyday working Americans from all walks of life. “Whether this is your first term or your tenth term, this is why we are here—and this is why I’m excited about this moment. We, in 2016, laid out and articulated a vision for what we think is necessary to get this country back on track. We spent all of our time together, in our majority, ‘Here’s what it’s going to take to get America back on its feet. Here’s what it’s going to take to help people who are struggling. Here’s what it’s going to take to get this economy out of the malaise it’s been in for a decade to get true growth, to hit our potential.’ And we’re doing it today.
“This is the greatest example of a promise being made and a promise being kept. It’s been a long, long time. It’s an honor to be speaker of the House to see this.
“The last time this got done, the job I had? I was working the quarter pounder grill at McDonald’s at the intersection of Highway 14 and I-90 in Janesville, Wisconsin. It’s a long time in coming.
“And that’s why we’re so excited to see this happen. Because we know this is going to help people. We know this is going to grow our economy. And we know it’s going to, most of all, help the people who are struggling in this country. That’s why we’re very, very excited about this historic day.
“We could not be more optimistic about this moment, and what it means for the future of our great country.”Read More
For every middle-income family that knows what it is like to try to make ends meet, and for every hardworking taxpayer who has ever spent hours trying to navigate complicated IRS forms, this day—and this vote in favor of the Tax Cuts and Jobs Act—is for you.
The time is now. Today is the day. We're going to get it done.
Tune into speaker.gov/live for updates throughout the day.Read More
Last week, Speaker Ryan sat down with Ways and Means and Tax Cuts and Jobs Act conference committee member Rep. Kristi Noem (R-SD) to hold a live Tax Reform Twitter Q&A. As a rancher, farmer, small business owner, and a mom, Rep. Noem was able to discuss not only what this bill means for South Dakotans, but for hardworking families across the country.
Here are the highlights:
Hardworking American Families
By dramatically simplifying the code, 90% of Americans will be able to file their taxes on a form the size of a postcard. This also means folks won't have to pay even more for accountants or software to file their taxes. pic.twitter.com/vEDfUlHDLr— Paul Ryan (@SpeakerRyan) December 18, 2017
We’re about a decade into a stagnant economy, meaning hardworking people are getting stuck with less take-home pay. Our tax bill is designed to get the economy growing to increase wages and create more jobs—right here in America. pic.twitter.com/qBHRmW8M7p— Paul Ryan (@SpeakerRyan) December 18, 2017
Individuals Living in High-Tax States
For folks in highly-taxed states, being able to deduct your state and local taxes from your federal taxes is a big deal. That's why the final version of the Tax Cuts & Jobs Act maintains a $10,000 deduction for #SALT. pic.twitter.com/D4B8WWNMTJ— Paul Ryan (@SpeakerRyan) December 18, 2017
Small Business Owners
By dramatically lowering tax rates, the Tax Cuts & Jobs Act puts Main Street businesses—those mom and pop shops with only a few employees—in a better position to compete locally. pic.twitter.com/2I1wdlGU9y— Paul Ryan (@SpeakerRyan) December 18, 2017
The Tax Cuts & Jobs Act lowers the rate on job-creators to below the international average, allowing them to compete on the global stage and encouraging companies to make things here in America. pic.twitter.com/f4yxEm5v5p— Paul Ryan (@SpeakerRyan) December 18, 2017
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement on President Trump’s national security strategy:
“Protecting our nation from the myriad of threats we face is the single most important role of government, and I'm glad President Trump has endorsed this strong vision to keep the American people safe. This strategy places the correct emphasis on confronting our adversaries, bolstering our defenses, and working with our allies to promote peace, security, and democracy. Congress will continue to work with the Trump administration to seek peace through strength, and ensure we have the robust national security posture necessary for the 21st century.”Read More
America is strongest when her people are thriving. But for too long, our economy has not been meeting its potential. Wages have been stagnant. Good jobs are too scarce. Companies have been fleeing the United States for lower tax rates abroad—causing hardship for families and local communities.
But soon, a new day is coming. The Tax Cuts and Jobs Act will put Americans back on top, with a new tax system designed to give a boost to American businesses big and small.
For starters, under the Tax Cuts and Jobs Act, on January 1, 2018, the corporate tax rate will drop from 35 percent—the highest in the industrialized world—to 21 percent—America’s lowest rate since 1940. This alone dramatically reduces the incentive to ship jobs overseas, and American workers are the beneficiary. When companies invest in the United States, the demand for workers increases, which in turn drives up wages for individuals and families.
This legislation will also introduce an entirely new benefit for smaller and medium-sized businesses so that they can compete with bigger corporations. For the first time ever, this bill will introduce a 20 percent tax deduction for the for first $315,000 of joint income earned by all businesses organized as S corporations, partnerships, LLCs, and sole proprietorships. For job creators with income above this level, they’ll see up to a 20 percent deduction on business profits, reducing their effective marginal tax rate to no more than 29.6 percent. In short, we’re giving small businesses a needed rate cut as well.
But that’s not all. This bill will also allow businesses to write-off the full cost of new equipment and investments in their operations. Full expensing and a lower tax rate will allow America’s biggest industries—like manufacturing, retail, and energy—to redefine how they do business in the 21st century.
You can find more specifics in this summary of the conference report, like protecting small business loans and preserving what works in the existing business tax system. But for now, the macro-effect the Tax Cuts and Jobs Act will have is clear: America will soon be, once again, the best place to invest and do business.Read More
On the eve of tomorrow’s historic tax reform vote, a broad coalition of conservative organizations is urging Congress to pass the Tax Cuts and Jobs Act. In a letter to Members of Congress, nearly three dozen leading conservative groups argue that tax reform will deliver more jobs, fairer taxes, and bigger paychecks to the American people:
“With passage of this historic legislation, Congress will finally deliver on the promise of fundamental tax reform. TCJA will encourage economic growth, simplify the tax code, and provide American families and individuals with much-needed tax relief. . . . lawmakers are casting a vision for the future of this country; one that empowers individuals, families and businesses to invest and succeed in the American dream.”Read More
Tomorrow is the day. The House will vote on the most sweeping, pro-growth tax reform since Reagan. So what does it mean for you and your family?
Most importantly, the Tax Cuts and Jobs Act will give typical families of four earning $73,000 per year a $2,059 tax cut next year.
That is a really big deal. That’s $2,059 to help cover that dream vacation, invest in your children’s college education, or save up for that new car.
This tax cut is the result of three major reforms:
· Increasing the standard deduction so more of what you earn—$12,700 for individuals and $24,000 for joint filers—is completely tax free.
· Doubling the Child Tax Credit to $2,000 per child so parents have some extra cash to raise their families.
· Lowering rates across the board so Americans at every single income level get a well-deserved and long-overdue tax cut.
The long story short is that relief for middle-income Americans and families living paycheck-to-paycheck is finally on the way. When we get this done, people across the country can celebrate the holidays knowing they will wake up with a simpler and fairer tax code on New Year’s Day.
To learn more, visit speaker.gov.Read More
Some big things are within reach. Last night, the final Tax Cuts and Jobs Act was released, following the House-Senate conference committee. This sets up a historic vote next week on legislation that would finally achieve policy goals that conservatives have pursued for years and even decades.
Take a step back and see what this legislation could accomplish.
1. It is the first major tax reform in a generation.
This is, of course, the biggest deal. Considered the "crown jewel" of a conservative policy agenda, tax reform is what is needed to boost the economy, create jobs, and of course, cut taxes. It's something Republicans have talked about for years. For families, our plan lowers individual tax rates, making sure Americans get to keep more of their hard-earned money. It also nearly doubles the standard deduction, meaning that the “zero bracket,” which the federal government doesn’t tax at all, will be expanded to $12,000 for single filers and $24,000 for married couples. And our plan also doubles the Child Tax Credit from $1,000 to $2,000 for each child—bringing relief to folks raising families.
What do these updated provisions mean for real people? The average family of four making $73,000 a year will see a tax cut of $2,059. The plan also restores fairness and brings the tax code into the 21st century. It eliminates the carve-outs for special interests, prioritizing the American people over the well-connected. It lowers taxes for American job-creators, big and small, making America more competitive with the rest of the world, creating new opportunity, and boosting up wages. As the Wall Street Journal put it, it's "a tax reform for growth."
2. It eliminates Obamacare’s individual mandate penalty tax.
This is the linchpin of Obamacare—the individual mandate makes it illegal for people not to purchase a government-approved health care plan, and the government levies a major tax if people make the choice not to. Republicans in Congress have voted countless times to repeal this burden, but have never been able to get a bill into law. That could change very soon.
The individual mandate punishes people for making decisions that make the most sense for them and their family. The Tax Cuts and Jobs Act does away with it, giving people much-needed relief and flexibility to buy the health care that’s right for them.
3. It opens up part of ANWR for energy development.
There is a section of non-wilderness federal land in the Arctic National Wildlife Refuge (ANWR), located in Alaska, that is known to be abundant in oil reserves. Unfortunately, it has been previously banned for energy development, thanks to the insistence of special interests. This ban goes against the petitions of the Alaska delegation, which understands the benefits that oil drilling would bring to the state. If it becomes law, the Tax Cuts and Jobs Act will open this area up for energy exploration and development.
This would mean more energy developed here at home, instead of relying on other nations for our nation’s energy needs. Developing homegrown energy is always preferable, especially because some of these nations are hostile to the United States and our interests. It also means revenue of almost $1 billion in 10 years streaming into the United States Treasury, helping pay for the tax cut that Americans need and deserve. Developing this portion of ANWR also means thousands of good-paying jobs in Alaska and throughout the country. It would give the U.S. economy the boost that comes with major energy development.Read More
The Tax Cuts and Jobs Act (H.R. 1) overhauls America’s tax code to deliver historic tax relief for workers, families and job creators, and revitalize our nation’s economy. By lowering taxes across the board, eliminating costly special-interest tax breaks, and modernizing our international tax system, the Tax Cuts and Jobs Act will help create more jobs, increase paychecks, and make the tax code simpler and fairer for Americans of all walks of life.With this bill, the typical family of four earning the median family income of $73,000 will receive a tax cut of $2,059. For individuals and families, the Tax Cuts and Jobs Act: • Lowers individual taxes and sets the rates at 0%, 10%, 12%, 22%, 24%, 32%, 35%, and 37% so people can keep more of their hard-earned money. • Significantly increases the standard deduction to protect roughly double the amount of what you earn each year from taxes – from $6,500 and $13,000 under current law to $12,000 and $24,000 for individuals and married couples, respectively. • Continues to allow people to write off the cost of state and local taxes – up to $10,000. Gives individuals and families the ability to deduct property taxes and income – or sales – taxes to best fit their unique circumstances. • Takes action to support more American families by: • Expanding the Child Tax Credit from $1,000 to $2,000 for single filers and married couples to help parents with the cost of raising children. The tax credit is fully refundable up to $1,400 and begins to phase-out for families making over $400,000. Parents must provide a child’s valid Social Security Number in order to receive this credit. • Preserving the Child and Dependent Care Tax Credit to help families care for their children and older dependents such as a disabled grandparent who may need additional support. • Preserving the Adoption Tax Credit so parents can continue to receive additional tax relief as they open their hearts and homes to an adopted child. • Preserves the mortgage interest deduction – providing tax relief to current and aspiring homeowners. • For all homeowners with existing mortgages that were taken out to buy a home, there will be no change to the current mortgage interest deduction. • For homeowners with new mortgages on a first or second home, the home mortgage interest deduction will be available up to $750,000. • Provides relief for Americans with expensive medical bills by expanding the medical expense deduction for 2017 and 2018 for medical expenses exceeding 7.5 percent of adjusted gross income, and rising to 10 percent beginning in 2019. • Continues and expands the deduction for charitable contributions so people can continue to donate to their local church, charity, or community organization. • Eliminates Obamacare’s individual mandate penalty tax – providing families with much-needed relief and flexibility to buy the health care that’s right for them if they choose. • Maintains the Earned Income Tax Credit to provide important tax relief for low-income Americans working to build better lives for themselves. • Improves savings vehicles for education by allowing families to use 529 accounts to save for elementary, secondary and higher education. • Provides support for graduate students by continuing to exempt the value of reduced tuition from taxes. • Retains popular retirement savings options such as 401(k)s and Individual Retirement Accounts (IRAs) so Americans can continue to save for their future. • Increases the exemption amount from the Alternative Minimum Tax (AMT) to reduce the complexity and tax burden for millions of Americans. • Provides immediate relief from the Death Tax by doubling the amount of the current exemption to reduce uncertainty and costs for many family-owned farms and businesses when they pass down their life’s work to the next generation. For job creators of all sizes, the Tax Cuts and Jobs Act: • Lowers the corporate tax rate to 21% (beginning Jan. 1, 2018) – down from 35%, which today is the highest in the industrialized world – the largest reduction in the U.S. corporate tax rate in our nation’s history. • Delivers significant tax relief to Main Street job creators by: • Offering a first-ever 20% tax deduction that applies to the first $315,000 of joint income earned by all businesses organized as S corporations, partnerships, LLCs, and sole proprietorships. For Main Street job creators with income above this level, the bill generally provides a deduction for up to 20% on business profits – reducing their effective marginal tax rate to no more than 29.6%. • Establishing strong safeguards so that wage income does not receive the lower marginal effective tax rates on business income – helping to ensure that Main Street tax relief goes to the local job creators it was designed to help most. • Allows businesses to immediately write off the full cost of new equipment to improve operations and enhance the skills of their workers – unleashing growth of jobs, productivity, and paychecks. • Protects the ability of small businesses to write off interest on loans, helping these Main Street entrepreneurs start or expand a business, hire workers, and increase paychecks. • Preserves important elements of the existing business tax system, including: • Retaining the low-income housing tax credit that encourages businesses to invest in affordable housing so families, individuals, and seniors can find a safe and comfortable place to call home. • Preserving the Research & Development Tax Credit that encourages our businesses and workers to develop cutting-edge “Made in America” products and services. • Retaining the tax-preferred status of private-activity bonds that are used to finance valuable infrastructure projects. • Eliminates the Corporate Alternative Minimum Tax, thereby lowering taxes and eliminating confusion and uncertainty so American job creators can focus on growing their business and hiring more workers, rather than on burdensome paperwork. • Modernizes our international tax system so America’s global businesses will no longer be held back by an outdated “worldwide” tax system that results in double taxation for many of our nation’s job creators. • Makes it easier for American businesses to bring home foreign earnings to invest in growing jobs and paychecks in our local communities. • Prevents American jobs, headquarters, and research from moving overseas by eliminating incentives that now reward companies for shifting jobs, profits, and manufacturing plants abroad. For greater American energy security and economic growth, the Tax Cuts and Jobs Act: • Establishes an environmentally responsible oil and gas program in the non-wilderness 1002 Area of the Arctic National Wildlife Refuge (ANWR). Congress specifically set aside the 1.57-million acre 1002 Area for potential future development. Two lease sales will be held over the next decade and surface development will be limited to 2,000 federal acres – just one ten-thousandth of all of ANWR. • Significantly boosts American energy production. Responsible development in the 1002 Area will raise tens of billions of dollars for deficit reduction in the decades to come, while creating thousands of new jobs, reducing our dependence on foreign oil, and helping to keep energy affordable for American families and businesses. • Provides a temporary increase in offshore revenue sharing for the Gulf Coast in 2020 and 2021, allowing those states to invest in priorities such as coastal restoration and hurricane protection. Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement on the release of the House-Senate conference report for H.R. 1, the Tax Cuts and Jobs Act:
“This is what the American people have been waiting for: more jobs, fairer taxes, and bigger paychecks. The conference committee took the best ideas from the House and Senate plans and made an even better bill. The Tax Cuts and Jobs Act is now only two votes and a signature away from becoming the law of the land.
“This is the first major tax reform in a generation. It means relief for hardworking families and a jumpstart for our economy. We’re in the final stretch—and we’re ready to get this done for the American people by Christmas.”Read More
One of the major conservative victories of the final Tax Cuts and Jobs Act would open up part of the Arctic National Wildlife Refuge (ANWR) for exploration and development. This is non-wilderness federal land in Alaska that is known to be rich in energy—specifically oil.
What does this mean for the American people?
Oil drilling on this piece of federal land means more money for the federal treasury, thanks to the royalty payments the government would receive based off the barrels of oil drilled and sold. How much? Almost $1 billion in 10 years and it won’t stop there. That’s the main reason it’s part of the Tax Cuts and Jobs Act. This money helps pay for the tax cut the hardworking American people need, deserve, and will receive come February.
The benefits of energy development extend far beyond raising revenue. Energy development creates good-paying jobs. Where? In Alaska, of course, where ANWR is located, but also along the entire energy supply chain. For example, pipes and equipment must be built. Truckers must be hired to drive equipment. That means good jobs for Americans across the country. This also means a major economic boost for our economy.
Energy development also enhances our nation’s energy security. The more leverage we have with our energy assets, the stronger seat we have at the international table. More specifically, the more oil we develop here at home, the less we have to rely on OPEC, Russia, and other energy-rich foreign nations, some of whom are hostile to the United States. Because, no matter what happens on the world stage, it means our nation is developing its own rich natural resources to help American consumers have the most affordable energy possible.
There are many, many benefits to the American people in the Tax Cuts and Jobs Act, including a simpler, fairer tax code, bigger paychecks for hardworking families, and a more competitive environment for business. Now, we can add the benefits from opening up ANWR to the list.
Plain and simple: This is another major victory for the American people.Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement following Federal Communications Commission (FCC) Chairman Ajit Pai’s actions to undo net neutrality regulations:
“Despite its unassuming name, the Obama administration’s net neutrality regulation threatens the free and open internet that has done so much to advance modern society. The Trump administration’s action to roll back this egregious government overreach into the most innovative space will benefit all users of the internet. As Chairman Pai outlined today, the way to protect consumers is to put the Federal Trade Commission back on the beat to crack down on those who would abuse open access. This new plan of action will open new avenues for telemedicine, distance learning, and future innovations.”Read More
Summary: Today at his weekly press conference, Speaker Ryan repeated President Trump’s announcement that, if passed by the end of the year, Americans will see benefits of the Tax Cuts and Jobs Act as early as February of next year. He also discussed ongoing appropriations talks and extending children’s health insurance funding—something the House has already done.
Tax Cuts and Jobs Act
“The Tax Cuts and Jobs Act—you know what? It’s about making jobs grow in this economy. It’s about middle-class incomes going higher. This is about giving people the ability to make ends meet and to plan for the future. I’m so excited that we’re on the cusp of this great accomplishment. And if Congress acts by Christmas, people are going to see gains very soon.
“As the president announced yesterday, if tax reform passes, taxpayers will see more money in their paychecks beginning in February. Withholding tables will reflect that. The IRS is already taking steps to prepare new withholding tables for 2018 based upon this legislation.
“This tax cut will mean less of a paycheck going to Washington and more to the hardworking person who earned it. Again, that is the whole purpose of this: bigger paychecks for the people working hard to provide for their families. This is real relief, in addition of course that this relief gives people a simpler system and a fairer tax code. That is what this accomplishes.
“Second, the Appropriations Committee has introduced a continuing resolution that addresses critical national priorities. As you know, the people’s House here passed all 12 government appropriation bills on time and ahead of the fiscal year deadline. It remains our goal to see all 12 become law.
“For now, at a time when we face threats around the globe, we believe it’s vitally important that we fund our national defense. We want to make sure that the resources are in place to continue the important work to rebuild our military. As you all know, this is one of our high priorities this term is to rebuild our military. This bill helps do that.
Children’s Health Insurance Program (CHIP)
“We’re also acting to extend the Children’s Health Insurance Program. You may recall last month—I think it was November the third—the House passed a fully-funded extension to protect the nine million children covered under CHIP. That bill is H.R. 3922, the Championing Healthy Kids Act.
“Unfortunately, an overwhelming majority of House Democrats voted against that extension of CHIP funding. Care for children in need should always, always go beyond party lines. So I certainly hope both parties will come together to make sure that we extend CHIP funding right now.”Read More
Yesterday, members of the House-Senate conference committee convened in the Capitol for a public meeting on the Tax Cuts and Jobs Act. In case you missed Taxmas, here are the highlights of the conferees’ opening statements:
Chairman Kevin Brady: “We decided not only what we wanted our tax code to stand for, but who it would stand with. Whether that was Washington special interests or all the workers, families, and local job creators. . . . We chose the American people.”
Rep. Devin Nunes: “At the end of the day we must simply ask ourselves whether we want to stick with today’s complex, punitive, and unfair tax code. Or take the courageous step necessary to unshackle our economy to the benefit of all Americans.”
Rep. Peter Roskam: “We are talking about a trajectory that will impact our nation like no other vote that Congress is going to take.”
Rep. Diane Black: “We’ve been preparing for a long time for this day. . . . We knew this was our year to finally make tax reform a reality.”
Rep. Kristi Noem: “We have to make sure that our farmers, and our ranchers, and our small businesses can thrive under this new tax code.”
Rep. Rob Bishop: “It will produce increases in energy, at the same time, it will help cut taxes for average, middle-income American families. That’s what we’re trying to do.”
Rep. Don Young: “[We need the] opportunity to advance [our economy] so we can have the real jobs, not the government jobs. . . . This bill does that.”
Rep. Fred Upton: “I’ve personally heard countless stories from folks across Michigan impacted by a tax code that’s outdated, unwieldy, and too often rewards those at the very top at the cost of regular folks.”
Rep. John Shimkus: “I’m hoping that I can finally start sending [postcards] . . . to my constituents . . . for them to file their tax returns on.”Read More
The Tax Cuts and Jobs Act will deliver, yes, tax cuts and jobs for families across the country. But it also means higher wages for hardworking Americans.
You read that correctly: $4,000. That’s going to make Americans much more excited come payday, and a lot less stressed come tax day.
Workers will see this raise thanks to our plan to slash the corporate tax rate and allow repatriation, which will help bring jobs and profits back home and level the playing field for our businesses.
In fact, according to a new survey, nearly half of American manufacturers would increase wages if tax reform is enacted. That is exactly why the Tax Cuts and Jobs Act is so important: It will help you earn more, and keep more of what you earn.
To learn more, visit speaker.gov.Read More
In the words of Speaker Ryan: “It’s high time the hardworking people of this country get a break.” Yes, tax reform is about creating jobs and spurring economic growth—making American companies competitive on the global stage. But, more importantly, tax reform is also about fairer taxes and bigger paychecks. Putting the American people above Washington special interests. While the amounts may vary, under the Tax Cuts and Jobs Act, the average American at every income level will get a tax cut.
We met Cindy, a single mom making $30,000 per year as an assistant manager at a restaurant who hopes to get beyond living paycheck-to-paycheck and start saving for the future.
Then there were Ted and Casey, newlyweds and first-time homeowners, making a combined $115,000 per year in a high-tax state. They hope to achieve financial security before starting a family.
We also met George, a firefighter in his mid-twenties, who is living comfortably in his small town with a salary of $48,000 per year. He’s thinking ahead, wanting to start putting money away for his future family.
And finally, there was the Smith family—Steve, Melinda, and their two kids—living on a tight budget with a combined yearly income of $59,000. Steve and Melinda want to get to a place where they do not have to struggle with everyday expenses.
With the Tax Cuts and Jobs Act, all of these hardworking Americans will get relief from our outdated and overcomplicated tax code. Whether it’s the result of a nearly doubled standard deduction, an increased Child Tax Credit, the Family Flexibility Credit, simply lower tax rates, or a combination of any of these factors, one thing is clear: Average Americans at every income level will see a tax cut come next year. Why? Because individuals deserve to decide what to do with their hard-earned paychecks.Read More
In 2018, American workers will see an immediate increase in their paychecks because the tax code is going to be taking less money out of their paychecks in the first place. pic.twitter.com/NviTDmvz6b
— Paul Ryan (@SpeakerRyan) December 13, 2017
This afternoon, as the Tax Cuts and Jobs Act (H.R. 1) House-Senate Conference holds an open meeting, Speaker Ryan appeared on Fox News’ The Daily Briefing with Dana Perino. He talked about how, if Congress passes tax reform, Americans will see bigger paychecks beginning in February. Watch the full interview here and check out excerpts below.
Speaker Ryan: “Dana, what we expect to happen is withholding tables will change, meaning that workers in 2018 will see more money in their paychecks because the tax code is going to be taking less money out of their paychecks in the first place. So withholding will change. That is why we are working hand in glove with the administration to make sure that is reflected—so people aren't overpaying their taxes in 2018. We get the withholding to change to reflect this tax cut so that people will actually see an immediate increase in their paychecks and businesses will have an immediate incentive to work, save, and invest and hire more people. By having expensing kick in immediately, that encourages businesses to invest in their people, invest in their factories, invest in their equipment. That happens right away as well. So we really do expect that this is going to help us get to that 3 percent economy [growth] that we desperately want, that higher take home pay, bigger paychecks, and a more streamlined simplified system.”
Speaker Ryan: “We launched the framework of this tax reform at the beginning of this process. After listening to members from both [the] House and the Senate, working with the administration, and then we passed a bill out of the House, passed the bill out of the Senate. Very similar bills. So, getting these things to sync up wasn't all that difficult because they’re so close to begin with. So that's where we are and we’re very excited. Our goal was get it done by Christmas all along. Get it done by Christmas, so we start the New Year with a new tax code so we can get this economy growing and give families relief. That’s where we are and really happy about that.”Read More
Manufacturing is central to our economy. More than 12 million Americans, or 8.5 percent of our workforce, are employed by manufacturers. And every $1 in manufacturing spending adds nearly $2 to our economy.
This is another reason why enacting real, pro-growth tax reform is so important.
A new survey out this week from the National Association of Manufacturers (NAM) underscores the impact tax reform will have on jobs, wages, and economic growth:
“Optimism has risen to unprecedented heights, driven by [manufacturers’] belief that the progress the White House and Congress have made on enacting bold, comprehensive tax reform shows that leaders in Washington are finally embracing policies to help manufacturers in the United States successfully compete in the global marketplace.”
The survey found that 94.6 percent of manufacturers have a positive economic outlook, and more than 75 percent support the Tax Cuts and Jobs Act due to the benefits to American competitiveness. Moreover, nearly half of manufacturers say they will give their employees a raise if tax reform is enacted. Higher wages, estimated to rise upwards of $4,000 for average American households, means a higher standard of living for you and your family.Read More
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.”
Today, the House-Senate conference committee will hold a public meeting on the Tax Cuts and Jobs Act. As we get close to the finish line, the need to pass this legislation is more urgent than ever.
People and families are struggling. Many are living paycheck-to-paycheck. In any case, too much of Americans’ hard-earned money is spent paying federal taxes. But if the Tax Cuts and Jobs Act becomes law, people will finally feel some relief.
How? Because this is a tax cut for the average family at every income level. This is a message worth repeating. It’s rare that one piece of legislation—the Tax Cuts and Jobs Act—can impact so many people in such a positive way.
How does it work? This legislation cuts marginal tax rates at every income level and nearly doubles both the standard deduction and the Child Tax Credit. That means the effective rate—the rate you pay the government—will drop for normal families at all income levels.
The nonpartisan Tax Foundation agreed. “Our results indicate a reduction in tax liability for every scenario we modeled.”
As Speaker Ryan said yesterday, “This is a once-in-a-generation opportunity. Not just to fix the broken tax code, not just to jumpstart the economy, but to truly restore hope, confidence, and opportunity in America. That’s why we’re here. That’s what this is about.”
That hope, confidence, and opportunity? That’s what people will start to feel when they can keep more of their hard-earned money once the Tax Cuts and Jobs Act is the law of the land.Read More
Since the House-Senate conference committee was formed last week, the Tax Cuts and Jobs Act conferees have been working to reconcile the House and Senate bills to develop a final package of historic tax reform. And today, the conference committee is holding a meeting on the insert space legislation. Two of the most important provisions in both the House and Senate versions of Tax Cuts and Jobs Act are the increased standard deduction and the increased child tax credit.
What do these provisions mean? More money for hardworking American families.
The standard deduction is money that is not taxed by the federal government at all—also known as the “zero bracket.” Under current law, the standard deduction for individuals is $6,350 and the standard deduction for joint filers is $12,700.
The House plan nearly doubles the standard deduction for individuals and families—to $24,000 for joint filers—significantly growing people's "zero bracket." The Senate plan takes the same approach.
Child Tax Credit
It’s safe to say that having kids costs money. Diapers, clothes, education . . . we don’t need to go into it. A family of five—two parents and three kids— living off an $80,000 income is significantly less wealthy than a couple without children living off an $80,000 income. And our tax code should reflect that disparity more.
That’s why the Tax Cuts and Jobs Act increases the child tax credit. It’s pretty simple: Parents doing the hard, costly work of raising kids should get some extra relief come April 15. The House plan increases the child tax credit by $600 per child, and adds a new family credit of $300 for each parent and non-child dependent. The Senate plan also increases the child tax credit.
No matter where the conference committee lands on the exact numbers in the final text, the Tax Cuts and Jobs Act will be significantly increasing both the standard deduction and the child tax credit. These two provisions are the heart of the tax cut for middle-income families. Together, they spell relief for people and families at all income levels. The Joint Committee on Taxation (JCT) Chief reinforced this point as well, "There is a tax benefit to all income categories as we measure them."Read More
Filing your taxes in the future: So simple, a caveman could do it. Well, not really—cavemen no longer exist and probably wouldn’t care to do your taxes if they did, but you get the idea. With the Tax Cuts and Jobs Act, simplicity is key.
As Speaker Ryan recently said about the House-passed version of the bill, “With this plan, 90 percent of Americans will be able to use the standard deduction. You can fit your taxes . . . literally on a postcard.”
That’s right. By streamlining the tax code and nearly doubling the standard deduction, average Americans will save time and money when filing their taxes. No more expensive tax preparation. No more hours lost to lengthy forms and confusing directions. For most Americans, tax season will mean filing taxes on a form the size of a postcard.
Americans deserve a tax code that works for them, not the other way around. And that’s the crux of the Tax Cuts and Jobs Act. You can learn more by visiting fairandsimple.gop, or by tuning in live to the conference meeting taking place in the Capitol right now.Read More
Big news. This afternoon, in remarks at the White House, the president announced that people will start seeing more money in their paychecks beginning this February if Congress is able to pass the Tax Cuts and Jobs Act by the end of the year. This news, by way of the IRS, means that less money be will withheld for taxes resulting in bigger paychecks. And bigger paychecks is what the Tax Cuts and Jobs Act is all about.
Here’s how it works: Each year, the IRS produces what it calls "withholding tables" that inform employers how much tax to take out of people’s paychecks. And the IRS has confirmed to the president that it will be ready to adjust those tables by February. Because the Tax Cuts and Jobs Act is a big tax cut for working people, this change will mean less of a paycheck will go to Washington and more will go to the hardworking person who earned it. This is real tax relief for real people—and it’s coming very soon.
This great news is just one reason why the House and Senate are hard at work to produce a final version of the bill that can be sent to the president before the new year.Read More
Let’s be honest. By this point, you are probably a little worn out by the tax reform debate. The special interests clawing to keep this or that provision. The far left spewing doomsday rhetoric. The stories about how the bill is dead one day and back on track the next. We get it—it can be exhausting.
But if there’s one thing you remember entering the home stretch of the debate it’s this: Typical American households will receive an $1,182 tax cut.
By lowering rates, nearly doubling the standard deduction, and increasing the Child Tax Credit, you get to keep more of your hard-earned paycheck. That means more money in your pocket to save and invest in your future.
For many families just struggling to get by, that extra $1,182 will go a long way. In fact, more than half of Americans say that a $500 surprise would put them in debt.
From the beginning, the whole purpose of our plan has been to cut taxes for hardworking Americans who have been squeezed under the current system. And that’s why the Tax Cuts and Jobs Act will provide much-needed relief to people living paycheck-to-paycheck who need it the most.
To learn more, visit speaker.gov.Read More
This is it—the moment we’ve been waiting for. This afternoon, the open House-Senate conference meeting on the Tax Cuts and Jobs Act will begin—and it will be live-streamed for all the world to see.
More jobs. Fairer taxes. Bigger paychecks. That’s what’s driving this conversation. The current tax code is too long, too complicated, and too outdated. But not for much longer. Today, as conferees from the House and Senate continue negotiations, we’re one step closer to real tax relief for the American people. The goal is to take the best ideas from two versions of the bill.
It all starts at 2 p.m. ET. Join the fun on speaker.gov/live and see how House and Senate Republicans are fighting for hardworking Americans.
BONUS: If the open conference meeting isn’t enough to satiate your tax reform palate, tune in to Speaker Ryan’s Twitter live event at 11:30 a.m. ET, where he’ll talk all things tax reform with conferee Rep. Kristi Noem (R-SD). And, later in the afternoon, watch President Trump discuss the Tax Cuts and Jobs Act live from the White House at 3 p.m. ET.Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement after marking the start of Hanukkah:
“The story of Hanukkah is one of miracles, resilience, and faith. It teaches us that, even in the darkest of times, we must always seek the light in ourselves and our neighbors. May this Hanukkah bring health and happiness to all those who celebrate.”
Speaker Ryan commemorated the first night of Hanukkah with a menorah lighting at the U.S. Capitol led by Rabbi Heather Borshof. Rabbi Borshof, of Brooklyn, NY, received her rabbinic ordination from Hebrew Union College-Jewish Institute of Religion, and afterwards commissioned onto active duty in the United States Army and serves as a Jewish Chaplain and Captain. In July 2013, she was assigned to Fort Bragg, NC with the 82nd Sustainment Brigade and deployed to Afghanistan from 2013-2014. From there, she was assigned to Walter Reed National Military Medical Center and served military service members from all branches. Rabbi Borshof is currently assigned to the Warrior Transition Battalion at Fort Belvoir, VA, and works with Wounded Warriors, while also serving the Jewish community.Read More
‘Twas the night before Taxmas, when all through the House (and Senate), All the members were stirring, in tax policy doused; The opening statements were drafted eloquently with care, In hopes that the conference committee would soon be there;
Hardworking Americans were nestled all snug in their beds, While visions of bigger paychecks danced in their heads; Following 41 committee hearings, member listening sessions, and legislation passed, The time for tax reform is now, public support amassed.
The nation’s capital on the breast of a new-fallen snow Gave the lustre of a fresh start to friends and exaggerated foes. Then, to our wondering eyes should appear, A comprehensive tax overhaul by the end of the year.
When, there on the 1986 tax code, there arose such a clatter, Many sprang from their desks to see what was the matter. Away to their employers they flew like a flash, Hoping they’d soon go home with $1,182 more in cash.
Now, Brady! Now, Nunes! Now, Roskam, Noem, and Black! On, Bishop! On Young! On, Upton and Shimkus—and the senators, the whole pack! To HC-5! To the conference committee meeting! To the congressional hall! Now negotiate away! Not for one American, but for all!
So tomorrow at 2 p.m., on speaker.gov/live, tune in, For the Tax Cuts and Jobs Act conference meeting, live-streamed from within; When we’ll hear them exclaim, the representatives and senators fighting this fight: “More jobs, fairer taxes, and bigger paychecks to all, and to all a good night!”Read More
Summary: Today at a press conference with Republican leaders, Speaker Ryan commended the first responders of yesterday’s attempted terrorist attack in New York. He also discussed the ongoing negotiations of the House-Senate conference committee on the Tax Cuts and Jobs Act.
“First, I want to commend the responders in New York City yesterday—the first responders following what is clearly an apparent terrorist attack there. I think this incident just reminds each and every one of us how we just have to be unceasingly vigilant, just as citizens.
“We need to protect Americans from this radical Islamic terrorist attack that we seemed to experience. We just want the people of New York to know we’re with them.
“Now, we are entering another huge week for tax reform. As was mentioned, we named the conferees last week on our Tax Cuts and Jobs Act, chaired by Chairman Kevin Brady. This week, the House and Senate conferees are reconciling those two bills. The committee will hold an important meeting tomorrow to work toward a final package to cut taxes and to simplify the tax code for the American people.
“This tax reform legislation is monumental. It’s going to help American families at every income level. It’s going to raise wages. It’s going to create jobs right here in America. People will get to keep more of their hard-earned dollars.
“This is so welcomed as a reform. This is what gets our confident economy restored. I cannot stress this enough: This is a once-in-a-generation opportunity. Not just to fix the broken tax code, not just to jumpstart the economy, but to truly restore hope, confidence, and opportunity in America. That’s why we’re here. That’s what this is about.
“Tax reform is what people need right now and I am so thrilled that we are so close to the finish line. We’re going to keep at it so we can deliver real tax relief before Christmas.”Read More
This year's Capitol Christmas Tree comes all the way from the Kootenai National Forest in Montana. Standing at 79-feet tall, with a 5-foot, handmade, copper star atop, the tree that once stood tall in Big Sky Country now lights the night on the West Front of the United States Capitol. Scroll on for photos from this week's lighting ceremony.
1. Wisconsinites // Every year, Speaker Ryan invites Marines to enjoy the tree lighting ceremony from the balcony of the U.S. Capitol. All of these servicemen come from the Speaker's home state of Wisconsin. (Note the cheese wedge topping the tree behind them.)
2. Dusk // The Capitol flag waves in the wind, just minutes before the 2017 Capitol Christmas Tree is lit for the first time.
3. 11-year-old Ridley // It takes a genuine Montanan to light the big tree.
4. The lighting // Photos are worth a thousand words, but some things are just better shown with video. Click below to watch the short version of the tree lighting (13 seconds) or here to watch the full ceremony (23 minutes).
The Capitol Christmas tree is lit! pic.twitter.com/JDQX48MNKj— Paul Ryan (@SpeakerRyan) December 6, 2017
5. The Capitol Christmas TreeRead More
Last Wednesday, the speaker was briefed on credible claims of misconduct by Rep. Trent Franks. He found the allegations to be serious and requiring action. The next day, the speaker presented Rep. Franks with the allegations, which he did not deny. The speaker told Rep. Franks that he intended to refer the allegations directly to the House Ethics Committee and told him that he should resign from Congress. The allegations were filed with the Ethics Committee last Friday. And today, the speaker accepted a letter of resignation. The speaker takes seriously his obligation to ensure a safe workplace in the House.
About two weeks ago, the general counsel to the speaker was contacted by a friend with information about troubling behavior by Rep. Trent Franks directed at a former staffer that took place at the time that this person worked in the congressman's office. The speaker’s general counsel believed the information was concerning and warranted examination. The speaker’s general counsel inquired whether the former staffer would be willing to share their story directly, and the person agreed. On Tuesday of last week, the speaker’s general counsel interviewed the former staffer, who shared claims of misconduct directed at this person as well as a second former staff member. The claim involving the second aide was validated independently by the speaker’s office through a third party who had been made aware of the matter at the time. The next day, the speaker was briefed. The following day, he brought the claims to Rep. Franks, and the next morning the complaint was filed with the Ethics Committee. Subsequent conversations took place this week between the speaker and Rep. Franks leading to the congressman’s decision to offer his letter of resignation.Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) released the following statement following H.J. Res. 123, the Continuing Appropriations Act.
“I am glad my House colleagues took action today to keep the government open and fund the Children’s Health Insurance Program. Along with enacting historic tax reform, we'll be working together in the next two weeks to find a long-term solution to our funding needs while maintaining fiscal discipline. The American people deserve that.”Read More
Summary: Today at his weekly press conference, Speaker Ryan offered his sympathy to the people of Southern California who are suffering from devastating wildfires. He also addressed today’s House Committee on Administration’s hearing on sexual harassment and the House’s continued work to advance the Tax Cuts and Jobs Act.
“First of all, I just want to say to the people in Southern California: We want you to know we’re thinking of you as you deal with these devastating fires that continue to tear through your region. When you see all these areas being evacuated, it’s very clear that many families are going to be piecing back their lives throughout the holiday season. “So, just to echo what the Majority Leader said yesterday, we are here to help. To all those firefighters who are out there running into these fires, we’re grateful for you. We’re praying for you.
Sexual Harassment Hearing
“Second, this morning, the House Committee on Administration is presently holding a wide-ranging hearing on our reporting and settlement process for sexual harassment. The goal of this hearing is to take a look at the entire system. We want to identify what reforms are needed to change the way things work.
“In addition to better policies to protect women, we also need a real culture change. We need to recognize that this is a pervasive problem—that women face not just here in Congress, but in every industry.
“And this really is a watershed moment, and it needs to lead to lasting and positive change. Conference Committee on Tax Reform
“Lastly, with the Senate’s vote yesterday, it is official: We are going to committee—a conference committee—on tax reform. With this last, long step—this step-by-step process that began with dozens of hearings over the course of several years—we are now on our way to getting real relief.
“I know people are hearing a lot of hysteria and a lot of hyperbole from opponents of this plan. All kinds of doom and gloom. None of this surprises me. The defenders of the status quo just see their old, broken system slipping away from them. “We believe it’s about time the hardworking people of this country get a break. We believe it’s about time the people living paycheck-to-paycheck get some relief. “In the end, this really comes down to what people care about: More money in their paychecks. More jobs. A healthier economy. Faster economic growth. More fairness. More peace of mind when Tax Day rolls around. That’s what this is about. And it’s about getting beyond the status quo.
“So for the people who are out there who want to cut through all the noise, the hysteria, the hyperbole, just go to fairandsimple.gop—see for yourself what this is all about, what it is we’re trying to do to improve the lives of millions and millions of hard-working Americans.”Read More
Today, more than 20 governors from states across the country expressed support for the Tax Cuts and Jobs Act. In a letter to Senate Majority Leader Mitch McConnell (R-KY) and Speaker Ryan, the governors praised efforts to overhaul the broken tax code:
“We urge the two chambers to pass meaningful tax reform legislation and send it to the President’s desk. We’ve proven in our states that you can cut taxes, create jobs, and generate budget surpluses all at the same time. If it can work in our states, it can work for America.”Read More
On Monday, Speaker Ryan named the Republican lawmakers who will serve on the House-Senate conference committee for the Tax Cuts and Jobs Act. That means that this group of nine lawmakers will iron out the differences between the House and Senate versions of the bill, before reporting out a final version to vote on in both chambers. So who are these nine individuals?
Ways and Means Committee Chairman Kevin Brady (R-TX) will chair the conference committee. Chairman Brady has been our faithful leader throughout this process, successfully quarterbacking the passage of the Tax Cuts and Jobs Act through the House in November.
The other four Ways and Means members negotiating the full Tax Cuts and Jobs Act and the Senate amendment are: Rep. Devin Nunes (R-CA), Rep. Peter Roskam (R-IL), Rep. Diane Black (R-TN), and Rep. Kristi Noem (R-SD).
Devin Nunes and Peter Roskam are both senior members of Ways and Means. Rep. Nunes previously served as the chairman of the Subcommittee on Trade, while Rep. Roskam currently serves as the chair of the Subcommittee on Tax Policy. Their expertise will undoubtedly benefit the conference version of the bill.
In addition to serving on Ways and Means, Diane Black currently serves as Chairman of the Budget Committee. Passing a budget in October was an important to moving the tax reform train forward, and the leadership of Chairman Black was, and remains, critical.
Kristi Noem ran for Congress because as a small business owner, she saw firsthand how government can get in the way of small businesses and entrepreneurs who wish to create jobs and grow the economy.
As members of the House Committee on Natural Resources, Representatives Rob Bishop (R-UT) and Don Young (R-AK) join the conference committee to negotiate the Arctic National Wildlife Refuge (ANWR) Senate amendment. This amendment allows for drilling in sections of ANWR believed to house significant amounts of oil as a method to offset tax cuts proposed in the bill. Rep. Bishop currently serves as Chairman of Natural Resources and Rep. Young serves as Chairman Emeritus. As Alaska’s House member at-large, Rep. Young has been leading efforts to develop our nation’s natural resources, particularly in the Arctic, since 1973.
As members of the House Energy and Commerce Committee, Representatives Fred Upton (R-MI) and John Shimkus (R-IL) join the conference committee to negotiate the Strategic Petroleum Reserve (SPR) amendment. This amendment authorizes the sale of oil from our SPR as a way to offset the cost of tax cuts in the proposed bill. Both representatives are senior Energy and Commerce members, with Rep. Upton serving as chairman for six years. Rep. Shimkus currently serves as chair of the Environment Subcommittee.
Doing something as monumental as tax reform is not an easy task. The House and Senate share a common goal: cut taxes, grow wages, and create jobs for hardworking Americans. We look forward to sending this historic legislation to the president’s desk.Read More
WASHINGTON—Tonight, House Speaker Paul Ryan (R-WI) participated in the 2017 Capitol Christmas Tree Lighting Ceremony on the West Front Lawn, where he was joined by 11-year-old Montanan Ridley Brandmayr, who helped flip the light switch for the holiday season. An annual tradition, this year’s tree hails from the Kootenai National Forest in Montana and will be lit from nightfall until 11 p.m. each evening through New Year’s Day. Below are Speaker Ryan’s remarks as prepared for delivery:
“Thank you, Stephen. I just want to commend everyone who came together to make all of this possible. I know so much work goes into this, from start to finish.
“I want to thank all the members of our Montana delegation. One of our former colleagues, Secretary Zinke, is with us. Moments like this when you have the chance to show off your state mean so much.
“At the end of each year, no matter how short—or long—it may feel, there is always Christmas. Waiting for us is that sense of wonder the shepherds felt when the angels appeared in the night sky to herald the birth of a Savior. After hearing the news, the shepherds knew they had to go see for themselves what this was all about.
“’Let’s go to Bethlehem and see this thing that has happened,’ they said.
“That is the true spirit of Christmas, isn’t it? Amid our cares and troubles, we gather to see for ourselves that the light overcomes the darkness. We seek out the joy and the good in the world. We give back to those in need. We lend a hand to those in pain.
“We see that the glory of God shines all around us, and brings us closer to one another. These gifts never dim in our hearts. They are always there. All we need is a little light–and of course, a little Christmas–to guide our path.
“With that, we now come to the best part. It is clear that this year’s tree represents the full heart and spirit of the Big Sky State. From the gratitude of the driver who hauled it here, Larry Spiekermeier of Plains, who called it the ‘crown jewel’ of his career, to the hope and perseverance of our Official Tree Lighter, 11-year-old Ridley Brandmayr of Bozeman. Ridley, why don’t you come up here?
“With us tonight are Ridley’s parents, Emily and Brent, as well as his younger brother, Ross. Ridley is a sixth grader at Sacajawea Middle School. A big hello to all the students and teachers there. So it says here that Ridley enjoys fly fishing, skiing, hunting, soccer, competitive swimming, playing cello, and reading. Geez. Is that all?
“Tonight, on behalf of the good people of Montana, Ridley offers holiday greetings to all Americans. OK Ridley, let’s give everyone a five-second countdown…”
The Capitol Christmas tree is lit! pic.twitter.com/JDQX48MNKj— Paul Ryan (@SpeakerRyan) December 6, 2017
The ground will open and darkness will blanket the skies. The earth will cease to orbit the sun. Life on this planet will end as we know it. It’s going to be Armageddon.
Or, well, no, it won’t.
Look, we always knew the defenders of the status quo would say and do anything to stop tax reform. They want to protect their special-interest loopholes. For them and the IRS, a system that allows 90 percent of Americans to file their taxes on a postcard-size form is their worst nightmare.
But we can’t honestly say we expected stuff like this:
This one, too:
And then there’s this (yes—he really said that):
Apparently, if you can’t win on the merits, resort to contrived, apocalyptic arguments that have no basis in reality.
To get the actual, hysteria-free facts on how tax reform will help middle-income families, visit speaker.gov.Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement after House passage of H.R. 38, the Concealed Carry Reciprocity Act, and H.R. 4477, the Fix NICS Act.
“Today, the House took action to protect our citizens’ Second Amendment rights. The truth is that concealed carry laws save lives. Right now, current law creates confusion for people who cross state borders with a lawful concealed carry permit. The legislation passed by the House today ensures that people who carry their legal firearm across state borders are protected under the law. Furthermore, I am encouraged that the House has voted to take a serious look at the definition of bump stocks and its usage in violent crime, as well as strengthen compliance with the National Instant Criminal Background Check System (NICS). Curbing gun violence in our society is paramount for public safety.”Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement on the Trump administration’s decision to recognize Jerusalem as the capital of Israel:
“This is a day that is long overdue. Jerusalem has been, and always will be, the eternal, undivided capital of the State of Israel. The city’s status as the religious epicenter of Judaism is an historical fact—not a matter of debate. Today’s announcement is a recognition of reality that in no way inhibits efforts to reach a lasting peace between Israelis and Palestinians. I commend President Trump for taking this important action, and for exploring next steps to move the U.S. embassy from Tel Aviv to Jerusalem.”Read More
This morning, Speaker Ryan embarked on a regional media radio tour to explain how the Tax Cuts and Jobs Act will help middle-income families and workers across the country. Listen to his interviews below and check out the excerpts.
Rochester, NY – WHAM 1180
Speaker Ryan: “I just went through the numbers in Rep. Tom Reed’s district. Because we double the standard deduction, the average household income earner in the 23rd district gets a $1,463 tax cut. If you look at a family of four at $200,000 . . . if they itemize their deduction they get a $2,000 tax cut, if they don’t, if they take the standard deduction, they get a $6,200 tax cut. . . . so the point we’re trying to make is that by lowering taxes across the board, increasing the child tax credit, doubling the standard deduction and then on top of that, giving people the ability to write off $10,000 of their property tax, which I know you, like us in Wisconsin, have high property taxes, that really helps middle income families.”
Chicago, IL – AM 560
Speaker Ryan: “These businesses in our community, these multinationals, they are leaving or they are building overseas instead of in Chicago, instead of in Wisconsin, because of our tax code. We’re reversing that trend. We’re basically saying if you got money stuck overseas, you can’t bring it back, we’re going to remove that barrier, bring your money back, and reinvest it. The tax code tells you it’s smarter to make things overseas, to relocate overseas, we’re reversing that incentive and we’re making it smarter and better to stay in America, stay headquartered here, make things here. That’s what this tax plan does, in addition to a middle-class tax cut.”
Philadelphia, PA – WPHT 1210
Speaker Ryan: “In Rep. Ryan Costello’s district, the 6th district . . . by taking the standard deduction, a family of 4 making the medium household income in that district which is $119,769 will receive an average $4,008 tax cut. . . . Rep. Pat Meehan’s district, medium household income there is a little higher—$136,482. That family will get a $4,858 tax cut. . . . So the point we’re trying to make is, doubling the standard deduction, increasing the child tax credit, lowering your tax rates, and we’re giving people a $10,000 property tax deduction on top of all of that.”
Denver, CO – 630 KHOW
Speaker Ryan: “Our motivation is economic growth. Our motivation is to clear out the tax code, simplify the system. Our motivation is to help people who are struggling paycheck to paycheck, and it’s to get jobs, and make our economy a heck of a lot more competitive.”Read More
In October, 52-year old grandmother Diane McIntire was the victim of an attempted kidnapping. She had just parked at a mall in Moline, Illinois when a man with a large butcher knife came up to her car door. He sliced her arm below the elbow and told Diane he was kidnapping her. He said if the police came, they would both die that day.
But what the kidnapper didn’t know was that Diane had a concealed carry permit from the state of Illinois and kept a pistol in her console.
When the kidnapper was distracted, she grabbed it. The tables had turned. Diane told the man that if he came a step closer, she would shoot him. The kidnapper retreated to a nearby house and Diane drove off safely in her car to call the police. "The grace of God is what saved me, and the sense to have calm, and have my weapon,” Diane said later to a news outlet.
Stories like these—where a person with a concealed carry permit saved their own life and those of other people—are not hard to come by. All 50 states already allow for some form of concealed carry and they have been proven to increase public safety. A 2013 study in Applied Economic Letters found that between 1980 and 2009, “states with more restrictive concealed carry laws had gun-related murder rates that were 10 percent higher.” Additionally, a 2013 survey of 15,000 current and retired police officers found that 90 percent of them support the concealed carry of guns by civilians.
However, there is a great deal of confusion in current law—especially when people with concealed carry firearms cross state lines. Today, the House will consider legislation sponsored by Rep. Richard Hudson (R-NC) to clarify the law and protect residents of concealed carry states. The Concealed Carry Reciprocity Act simplifies this matter by ensuring that people with a state-issued concealed carry license or permit, or people from states that do not require a permit to carry a concealed firearm as long as the individual follows the laws of that state.
CURBING GUN VIOLENCE
The House is committed to protecting the safety of the public by making sure that firearms never fall into criminal hands. No person with a serious criminal background can purchase or possess a firearm, and certainly not carry one in a concealed manner. That’s illegal and will remain illegal under the Concealed Carry Reciprocity Act.
The House will also consider the Fix NICS Act, sponsored by Rep. John Culberson (R-TX). This legislation ensures that the National Instant Criminal Background Check System (NICS), the federal database administered by the FBI, is strengthened so that people with a criminal background can never buy a firearm. The legislation penalizes federal agencies that fail to report relevant criminal records to the FBI and directs federal funds to make sure domestic violence records are accurately reported to the FBI.
One final thing: We all somberly remember the Las Vegas massacre, where a gunman killed 58 people and wounded hundreds more. He utilized a bump stock, a device that attaches to a semi-automatic gun that uses recoil energy to simulate a fully automatic gun—which have been illegal for a long time. Speaker Ryan has repeatedly spoken about the possibility of regulating bump stocks.
Yesterday, the Justice Department announced it will promulgate a regulation identifying whether bump stocks will fall into the definition of "machineguns," which are banned under federal law. This legislation will require the Bureau of Justice Statistics to conduct a study of bump stocks and report to Congress in 180 days. This will include reporting the number of times a bump stock has been used in the commission of a crime in the United States. It will help Congress remain informed as we consider next steps.
House Republicans are absolutely committed to protecting Second Amendment rights and curbing gun violence in this country.Read More
WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement after House passage of H.R. 1164, the Taylor Force Act:
“This bill is pretty simple: If you finance or reward terrorism, you don’t deserve a penny from the United States. The Palestinian Authority should be forced to choose between its despicable practice of paying terrorists' salaries and receiving foreign aid funded by the American taxpayer. And until that time comes, no government that supports the murder of innocent civilians can claim to be a serious partner for peace. I appreciate Chairman Royce, Congressman Lamborn, and all members on both sides of the aisle for their bipartisan efforts on this issue. In Taylor's memory, I look forward to the Senate passing this legislation so we can send it to the president's desk.”Read More
Summary: Today at a press conference with Republican leaders, Speaker Ryan discussed the motion to go to conference on the Tax Cuts and Jobs Act, agreed to in the House last night.
“First of all, I want to give credit to the Senate Republicans for passing their version of the Tax Cuts and Jobs Act last week. I’ve said it before and I’ll say it again: Doing something as monumental as tax reform? It is not easy. The forces of the status quo are clearly stacked against us.
“But guess what? We’re doing it. The House has acted. The Senate has acted. Congress is getting rid of these loopholes that have too long benefited special interests at the expense of normal American working families. Whether you live in New York, California, or South Dakota, we’re giving tax cuts to folks and families at every income level. We’re making sure that hardworking Americans get to keep more of their own hard-earned dollars.
“That’s not all. We’re cutting the business tax rate so that American job creators can be competitive again. That means more jobs and higher wages for real Americans. You all know the story all too well. This tax code is pushing American businesses and American jobs overseas. It’s time we stop doing that.
“This is monumental reform. And we’re doing it the right way. We started with a framework. Then, we went to a House bill through the committee. Then, we went to the floor. And now, we’re going to a conference committee—using the regular order process, working with our members, getting interaction every step of the process. That is how we should be writing laws here.
“Last night, we passed a motion to go to conference to reconcile these two good bills. The conferees, led by our faithful leader Chairman Kevin Brady, have a lot of work to do, but they are going to get this done. They are going to make this legislation the best that it can be. They’re going to make it better than what we’ve already seen.
“The American people deserve that. The American people deserve a simpler, fairer tax code. And it’s high time we get out of this stagnant growth we’ve had since the Great Recession. This does that. This means the best Christmas gift we can give our constituents, the best holiday seasons greetings we can give our constituents, is a faster growing economy that gives more wages, better paychecks, and a simpler and fairer tax system. That’s why we’re so focused on getting this done. That’s why we’re so excited to be here, working on solving people’s problems.”Read More
“This is monumental reform. And we’re doing it the right way. We started with a framework. Then, we went to a House bill through the committee. Then, we went to the floor. And now, we’re going to a conference committee—using the regular order process, working with our members, getting interaction every step of the process. That is how we should be writing laws here.”
It’s not easy to do something as big as tax reform. The special interests have come out in full force, trying to protect special carve outs the bill eliminates. Democrats have melted down with over-the-top hysteria and hyperbole. But we will not be deterred. The reality is, the tax code as it stands now is too complicated and outdated. Worst of all, it favors special interests over real people. American families deserve to be put first in the tax code. That’s why we’re doing this—and doing it the right way.Read More
H-232 The Capitol
Washington, DC 20515
The Speaker acts as leader of the House and combines several roles: the institutional role of presiding officer and administrative head of the House, the partisan role of leader of the majority party in the House, and the representative role of an elected Member of the House. By statute, the Speaker is also second in line, behind the Vice President, to succeed to the presidency.
The Speaker presides over the House, administering the oath of office to Members, calling the House to order, and preserving order and decorum within the Chamber and in the galleries. Additionally, he appoints the chairmen to preside over the Committee of the Whole, appoints special or select committees, appoints conference committees, has the power of recognition of Members to speak, and makes many important rulings and decisions in the House. The Speaker may vote, but usually does not, except in the case of a tie. The Speaker and the Majority Leader determine the legislative agenda for the House, and often confer with the President and the Senate.