Of these families. The way i have it calculated, it costs a family of four about 20,000 for your debt that you are willing to levy against our children and grandchildren in order to give the richest 1 of the americans a massive tax break. Thatannot deny the math almost all the benefit goes to the people at the top. The top 1 are huge beneficiaries. You cannot deny the math that 5400 families will get a massive tax break. You cannot deny the math that says every single american will take on additional debt, a family of four, 20,000 in debt. I was intrigued by the colloquy where members came to ask the leadership if they will work with them to take out a egregious elements of this tax proposal. We get this sort of, yes i will work with him answer. Why the do put it in the first place . Why are you cutting tax credits . Why are you cutting new market tax credits and historic tax credits in the first place . You just wrote the bill. You just wrote it. Why did you put it in the first place . It makes no sense. It makes no sense. Debt to and i add our children to give tax breaks to the people at the top. He is no longer recognized. Would like to remind people to address the remarks to the chair. The government from massachusetts it is not just 1000 for the gentlemans district, it is 1200 and i will claiming my time, i will yield myself 30 seconds. Lets go to the student issue. It was the Obama Administration that proposed in the 2017 budget for the elimination of the student deduction. I think the sanctimonious needs to walk out of the chamber. 15 and annualf 2500 above the line deduction is a 375 tax break. We are proposing something far greater with doubling the standard deduction and lowering the rates. Lets take the madam speaker your time has expired. I yelled a minute to the gentlelady from missouri. She is recognized for one minute. I thank the gentleman. It is about time we get Something Real done for the American People. The people of missouris Second District send me to washington to secure their jobs and to keep a little more of their hardearned money. At long last, we are finally doing that. I vote yes to fix our broken tax system. I vote yes to help reignite the American Economy. I vote yes to make it a little bit easier for that single mother of two, the firefighter, the teacher, shop owner, family of four, the veteran. I vote yes for bigger paychecks, better savings, added more secure future. I ran for congress to fight for the people of missouri and to make sure that every hardworking american can realize their own american dream. I thank you and i yield back. A gentleman from massachusetts is recognized. I would like to use the next two minutes and yield them to the general man from pittsburgh, pennsylvania gentleman from pittsburgh, pennsylvania, mr. Doyle. He is recognized for two minutes. I am in opposition to this terrible bill. Many of my colleagues have called it a scam and they are right. Supporters of this bill have said everyone gets a taxcut. That is not true. Millions of americans get a tax increase. More and more each year. Supporters of this bill have called it a middleclass taxcut. That is not true. The lion share of the money goes to corporations and households making 1 million or more. Not the family struggling from paychecktopaycheck. What this bill gets to the middle class in one hand, it takes away with the other with devastating consequences for households with high medical costs, Student Loans, or high state and local taxes. Supporters of the bill have claimed it will Keep Companies from moving jobs overseas, create new jobs at home, raise wages for American Workers. That is not true. All this bill cuts Corporate Tax rate, it creates new incentives for shipping our jobs abroad. Believe anyone really that tax cuts for corporations or the rich will trickle down to the rest of us . It did not work in the reagan administration, it did not work in the bush administration, did not work in kansas, and it will not work today. Make no mistake, colleagues, this massive tax cut for corporations and the rich will increase deficits and the National Debt by trillions of dollars, sticking the rest of us, especially our children, with the bill. This massive tax cut for corporations and the wealthy is not a middleclass taxcut, it will not create jobs or raise wages. It is not reform. It is certainly it certainly will not pay for itself. If we want to increase Economic Growth, lets give a real break to the middle class and Small Businesses. They will put the money into the economy. That is the way to great jobs at i urge my colleagues to reject this giveaway to the rich. Your time is expired. You are no longer recognized. An from illinois do you want to lionize Ronald Reagan or criticize him . I will leave it to them. I would like to yield two minutes to the human from kentucky gentleman from kentucky. I adamantly dispute this false narrative that the tax cuts and jobs act is only intended to benefit the wealthiest americans and does not benefit the middle class. When you hear the fiction from the other side of the aisle, remember these facts, this bill tax rates on middle and lower income americans and takes the lowest 10 bracket 20 and it doubles the standard deduction, meaning hardworking americans and immediately take on more of their paychecks. Specifically, the first 24,000 a Family Income will be completely tax free under this plan. Live slashing our noncompetitive Corporate Tax rate, it will result in more jobs at it will deliver average american households a pay raise of at least 2. 5 . With this legislation, a typical family of four earning 59,000, the Median Household Income will receive a 1182 taxcut. That is not a taxcut for the rich. That is a taxcut for low and middle income hardworking americans and that is a fact. This will benefit people like jerry from frank for, kentucky who told me the extra income will give him breathing room and help constituents living paychecktopaycheck who told me they would use the tax cuts to save for a rainy day and make car repairs, occasionally go to a restaurant and invest in higher education. I heard from my constituent who told me that it does not matter how i plan to use my money, by definition, it is my money to begin with. Trust me to spend it in the way that applies for me. You are absolutely right. It is your money. Tax relief is not about handouts , it is about allowing the American People to keep more of the hardearned income that they made. On behalf of all of the hardworking people of kentucky, irish my colleagues to vote for gary. The time is expired. To keep more of what they earn and vote yes. Gentleman from illinois reserves and the gentleman from massachusetts. I would yield two minutes from gentleman for the from ohio, congressman ryan. There was taxme reform was 31 years ago. 96 of Income Growth went to the top 10 of the people in the country. 96 went to the top 10 . The top 1 control 90 of the wealth in this country. Families in the United States of america could not withstand a 500 emergency. We have pensions collapsing. We have communities that have eroded. Wiped out. And the republican plan to fix this is to go to the chinese trillion and 2. 3 bring it back to the United States and give it to the wealthiest people in this country. Damnis not going to fix a thing in the United States. It will not help split, springfield, youngstown, pittsburgh, or gary, i am talking about gary, indiana. They will get hammered. We have tried this before and many of you were here. President bush did this in we will cut taxes for the wealthy and that will lead to growth and wages to go up. We had the most stagnant decade of growth since the great depression. It ended in a complete economic collapse. This is a canard. This economic philosophy stinks, it does not work and hammers workingclass people. To pour salt in the wound, madam speaker, to put salt in the wound, you keep the deduction that allows a corporation to outsource jobs from our communities to other countries. The only place this bill will in beijing, is china. I yield back the balance of my time. Gentleman from illinois is recognized. The good news is, according to joint committee on taxation, 70 of the individual tax relief goes to families earning under 200,000, according to their publication on november 13. I yield a minute to the gentleman from florida. You are recognized for one minute. , no one in this chamber can dispute when i say that american tax code is broken. I stand with my colleagues in support of progrowth tax reform. Because our tax cuts and jobs act works for the middle class. For too long a complex taxcut, high rate, and burdensome regulations have held back opportunities for hardworking families. The tax cuts and jobs act offers muchneeded tax relief for low income and middle income americans. The focus is on the middleclass tax cuts that allow hardworking peruvians to keep more floridians to keep more of their paychecks to say for their childrens college fund and invest in their retirement. So they can enjoy vacations with their families. Florida families know how to spend their money better than the government. This plan allows them to keep more of their money that they earn. Instead of waiting for tax returns and deductions to give them their money back. This bill is profamily and probusiness and it will get our economy a boost. Nothing will address our debt more than growth to i yield back then growth. Gentleman from massachusetts. I yield to the gentleman from california, the champion for the middle class. You are recognized for two minutes. I want to thank the Ranking Member of the subcommittee for his hard work. He has been a great voice. This is a harmful and deceitful bill. It is for good partisan. We have learned over the years that if you do something tricky on a partisan basis, it will not work and will fall apart. Learn from our mistakes. Work with us. There has not been a single hearing on this bill. A public should be confused because there has not they have not been informed about what this bill does as it was rushed through in one week. It takes more than one week to know the post office, what is going on . No one understands the consequences of this bill. It does greatly reduce taxes for corporate america. It reduces taxes for the wealthy. Where do you think the money will come from to pay for Social Security and our roads and highways . To pay for education and medicare . It will come from the middleclass. There is no other way we can pay for this. I will be kind and say that maybe they are being overoptimistic. Maybe do not understand what is going on. Do not believe it. You will pay more taxes. , they will say in my district you will get 1200 more, no, you will pay more. You will not get more money back. In california, 6 Million People will lose the tax deduction, the state income tax reduction. That means you will pay taxes twice on your earned income. In california, homeowners will get hit hard. I do not see how anyone from california can vote for this bill. Education will be more expensive than Student Loans will not be deductible. This bill will hurt our nations ability to compete and that layoffs and lower pay and layoffs. Gentleman from illinois is recognized. 1900is not 1200, it is for the median household in californias night district. Ninth district. I would like to yield to the gentleman from missouri. Four minutes. A lot have been since has been said about the tax cuts, they think this bill will make losers of the American Workers or the American Economy. The truth is the status quo, our current broken tax code, is causing our workers and our economy to lose. Back in Southeast Missouri, i will give you an example under the current tax code. A machinist and poplar bluff, missouri working 40 hours a week is fearful to work harder. Because the more money they make, the less they will have percentagewise. Under our current tax code. That is not right, bottom speaker. Madam speaker. A cotton farmer in Southeast Missouri has worked for decades to build his family farm. Hoping to pass it to his daughter. Under the current system, his daughter would have to sell portions of the farm or take out a massive loan to continue the family operation. The status quo in our tax code that is rate against the american rigged against the they cannotpayers, afford an army of lawyers and accountants and lobbyists to find all the loopholes and bailout available only to a select few. Tax rate for businesses that are so high that American Companies are not able to grow. Hire new workers. Or be competitive with other countries around the world. The other side of the aisle is arguing to keep a broken tax code that is pushing Hardworking Taxpayers punishing Hardworking Taxpayers. All of the grandstanding leaves us with one question that needs to be answered for the American People what do these taxcut mean for you . It means the hardworking family in Southeast Missouri will keep more of their paycheck. Instead of being penalized for success, this bill is about employees, wages, it is about getting to keep more of what you earn. For families and couples, the first 24,000 you earned under this bill will be taxfree. You get to keep it. You decide how to spend your own money, not the government. It means the Small Businesses and family farms will not feel the sting of the irs and the death tax when Tragedy Strikes on their family. It means that lobbyists and special interest become the losers. We close loopholes and handouts that Hardworking Taxpayers cannot get. We are ending a tax code that is not built for the everyday american. We are making it simple and fair. It means that america can now compete and win again. With this bill, we lower the business rate to historic levels. We are making our economy healthy again. And we know from history that a healthy economy takes care of itself. It is more stable and sustainable. It provides for full employment, better jobs, and higher wages. Former president john f. Kennedy knew this when he said our choice is not between tax reduction on the one hand and the avoidance of large federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our National Security economyep rising and hampered by restrictive tax rates will never produce enough revenue to balance our budget just as it will never produce enough jobs or enough profits. Your time has expired. An additional 30 seconds. You are recognized. Shortly the lesson of the last decade in the budget deficits are not caused by wild eyed spenders, but by slow, Economic Growth and periodic recessions. Any new recession would break all deficit records. This bill makes the american worker, the American Family, the american farmer, the american Small Businesses, and the American Economy businesses winners once again. I urge my colleagues to vote yes on the tax cut and job act. Gentleman reserves and the gentleman from massachusetts. 20,000 people will use the student Loan Interest in missouri 8 and claimed nearly 33 million and adduction. I would yield to the gentleman from california. A medical man. From california is recognized for two minutes. Thank you for the opportunity to speak on this bill. The fact is that i do want to simplify our tax code. I do want tax reform. A tax reform that relieves the burden on our middleclass, seniors, veterans, students. Lets see how this bill fares with the middle class, seniors, veterans, and student. My middleclass constituents in california will be double taxed on their income but big corporations will get tax relief. Veterans in my district will find it harder to find work or a home because this bill eliminates tax credits for hiring veterans and harms efforts to end veteran homelessness. Middleclass homeowners across california will see the value of their homes decrease by as much as 10 . Students will get hit with the largest relative tax increase in this bill. And seniors will see a medicare year, 25 billion per over 100 billion of medicare cuts over the next four years. 38 million middleclass families will see their taxes increase. They always point to the family of four earning 59,000 and getting a certain amount of tax cuts. 38 million middleclass families will see their taxes increase. All of this for giving tax breaks to millionaires, billionaires, and corporations who ship jobs overseas and raise the deficit by 1. 4 trillion within 10 years. Nearly 85 of the tax cuts in this bill go to millionaires, billionaires, and multinational corporations that ship jobs overseas. This bill raises taxes on the middle class and gets tax breaks to billionaires. This is not responsible and not acceptable. I urge my colleagues to oppose this bill and protect medicare, protect the middle class. Protect veterans. You are no longer recognized. Gentleman from illinois is recognized. If you are in california 36 district and the Median Household Income is 58,000, it looks like a tax cut of 1090. Our friends on the other side have more time. My suggestion is that we will reserve our time and let our friends use some of their time. Will be gentleman yield . I am nervous to do so without look. [laughter] you want to yield to me . You have run out of speakers. The gentleman has more time. The gentleman from illinois reserves a