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Ryan Hints At Working Through Christmas To Pass Tax Reform

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House Speaker Paul Ryan, R-Wis., suggested Thursday lawmakers may need to work through the Christmas recess in order to pass a tax reform bill before the end of the year.

"We're going to keep people here for Christmas if we have to," Ryan said at an event at the Heritage Foundation. "I mean, I don't care. We gotta get this done. It's that important."

Ryan maintained Congress is on track to pass tax reform this year, noting that the House has passed a budget resolution that unlocks the reconciliation process.

Next week, the Senate is expected to vote on a similar resolution that would allow Republicans to pass tax reform with a simple 51-vote majority.

Ryan predicted the House would send a tax reform bill to the Senate in November, which he said would provide time to get the legislation passed and signed into law.

The House Speaker claimed having the new tax system in place at the beginning of 2018 would enable the U.S. economy to grow by 3 percent.

"The difference between a 2 percent and a 3 percent economy is trillions," Ryan said. "It's higher wages, bigger paychecks, more take-home pay, and growth and opportunity abound."

"It really is that big of a difference," he added. "And that's why we have to get it done now, so that we can have a very good 2018."

Ryan suggested in earlier remarks at the Heritage Foundation that the foot soldiers of the conservative movement need to rally around the GOP's tax reform plan to combat the army of lobbyists that will seek to protect special interest provisions.

"Hardworking families gain nothing if we slip into complacency," Ryan said. "They gain nothing if we allow ourselves to be distracted. Our workers do not see their paychecks rise one penny if we shrink from this moment."

"We know what we are for. We know what needs to be done," he added. "Now we have to have the resolve to achieve what we have fought for, for so long."

Ryan dismissed criticism that the Republican proposal is a tax cut for the rich, claiming the plan is actually the single most important thing lawmakers can do to help the middle class.

by RTT Staff Writer

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