President Trump and congressional Republicans are celebrating final passage of the sweeping GOP tax bill. Trump will soon sign the big package of tax cuts and reforms. Taking a victory lap with Republicans at the White House today, the President called it the largest tax cut in history. He predicted that American companies will start pouring back into the U.S. The tax bill is Trump's first major legislative achievement.
Vice President Mike Pence called it a great Christmas present for the American people. House Speaker Paul Ryan said Republicans are keeping a big, longstanding promise to the nation. Ryan noted that working families will see more money in their paychecks and a simpler tax system.
Senate Majority Leader Mitch McConnell predicted robust economic growth because of the tax bill. South Carolina Senator Tim Scott said the tax bill "speaks to the heart of everyday Americans."
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