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If you are a family with a combined annual income of $73,000, you're going to see a $2200 tax cut under the senate bill. so there's a lot of things about this bill that will pull people together even though there might be individual elements of it where there are questions and concerns. that's what the amendment process is about. we'll have a full spirited debate on the full next week. in the end we need to get to yes. we have not only a responsible to the american people to give them bigger pay checks, but all to get our economy growing at a faster rate. our business tax just flat doesn't wor...

Senate? >> look, this is a great day for the american worker. bigger pay checks, more jobs, fairer simpler tax system. that's all good for working people in this country. i'm so proud of president trump's leadership. he was incredible today when he came in the room and has done a great job leading on this topic. as you describe, we now have to get this passed in the senate. we've gotten tax cuts passed in the house. the senate needs to do their job. >> sandra: we'll see what all this looks like. everything is changing. congressman, thank you for your time this afternoon. congressman luke messe...

Eliminates the deduction for state and local income taxes. plan raises the direct tax credit for children and dependents, gets rid of the child exemption. there will be four tax brackets. the standard deduction will double. that's a mouthful, but joining us to break it all down is paul ryan. the president is about to go on this trip, 12 day trip to asia. what do you need from him in order to help get this done? >> we had exactly what we need which is his full and total support for tax cuts for middle class families and for tax reform to level the playing field for american businesses and job...

Income families. this is honestly, you can look at our post card. by doubling the standard deduction, 95% of americans can fill out their taxes on a post card if they want to. we're excited about this. we believe, dana, this will help our economic potential. faster economic growth, more jobs. also means higher wages. cutting their tax rates, increasing child credit. you just get bigger pay checks. you keep more of your own money in your pay check. that's really good for families and very good for the economy. >> dana: kevin mccarthy, the majority leader, said every single american will keep mo...

Committee. we heard the president talk on tax cuts and reform to the american people. anything new coming out of the meeting that you just left? >> i think the key for the meeting that we just left was, number one, the president was very clear that he wanted to produce a middle class miracle for hard working americans, and he would love to do it in a bipartisan fashion. we are ready to go it alone. the focus of this tax reform package is centered on how do we make sure everyday americans get to keep more of their money in their pay checks. that means reducing their taxes. the focus was very cl...