releases: https://www.speaker.gov/general/bigger-paychecks-2018-speaker-ryan-fox-news
Data license: MIT · Data source: dwillis/congress-press
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| https://www.speaker.gov/general/bigger-paychecks-2018-speaker-ryan-fox-news | Bigger Paychecks in 2018: Speaker Ryan on Fox News | 2017-12-13 | 2017 | 2017-12 | Republican | House | WI | Paul Ryan | R000570 | www.speaker.gov | legacy | 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.” | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |