Quotes
The narrow [Republican] majority in the House is going to make that process very difficult" because a handful of votes can block the bill
said Alex Muresianu, senior policy analyst at the Tax Foundation
Seven years ago, the Trump tax cuts sparked an economic boom and provided needed relief to working families. Pro-family, pro-worker tax provisions are the heart of President Trump’s economic agenda that puts working families ahead of Washington and will create jobs, grow wages and investment and help usher in a new golden age of prosperity,
House Ways & Means Chairman Jason Smith, R-Mo., said in a statement on Friday night
It’s not clear how to get the deficit down without Congressional resolve,
says Rajan
It just adds to the credibility question surrounding the US,
he says – referring to Trump’s steep “liberation day” tariffs on April 2 that sparked a combined collapse in stocks, bonds and the dollar
There’s actually almost no chance in hell I’m going to vote for this, because there’s no chance in hell they’re going to be fiscally responsible,
Massie told the Washington PostIts exceptionalism has been questioned,
he saysSimply extending the TCJA will not expand [the deficit],
he saysThey may help redistribute incomes, especially if tips and overtime are not taxed. But it will be tough to ensure that what is called ‘tips’ and ‘overtime’ does not expand,
he saysIf you believe in what you are setting out to do, do it when the people are watching,
he said
You know, they'll go around saying, ‘Oh, this is so terrible.’ What you're doing is you're giving up something up top in order to make people in the middle income and the lower income brackets save more. So it's really a redistribution,
Trump told reporters when asked what his response would be to those Republicans opposed to tax increases on the wealthyA lot of people say, don't do it because of the fact that you have the Bush statement about ‘Read my lips.’ But he lost because of Ross Perot, he didn't lose because of that statement,
Trump saidI would love to be able to give people in a lower bracket a big break by giving up some of what I have,
the president addedRead my lips: No new taxes,
Bush Sr. said during his acceptance speech at the 1988 Republican National Convention
What I've heard from people in the upper tax brackets is, you know, they're willing to pay more as long as they know that it's paying the debt down. They don't want to see it go towards more spending,
Stutzman saidRaising taxes on one bracket is a slippery slope. What will stop future tax increases on middle-income earners as the federal government accumulates more and more debt?"
a senior House GOP aide told Fox News DigitalRepublicans have a chance to lock in pro-growth tax policy and reignite prosperity for a generation of Americans – something every conservative can agree on. There is no appetite anywhere for raising taxes on anyone,
AFP Chief Government Affairs Officer Brent Gardner told Fox News DigitalWhen we passed what was called the Tax Cuts Jobs Act of 2017, we did lower taxes for everybody. We reduced the tax rates. We condensed the brackets,
Kustoff saidI do not support any tax increases. I think that we do not have a revenue problem, we have a spending problem."
Moore told Fox News Digital
I’m not excited about the proposal, but I have to say, there are a number of people in both the House and the Senate who are, and if the president weighs in favor of it, then that’s going to be a big factor that we have to take into consideration as well,
Senate Finance Committee Chairman Mike Crapo told conservative radio host Hugh Hewitt
Republicans talk a big game … about reining in reckless spending,
House Budget Committee Chairman Jodey Arrington told reporters