WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement after the Senate passage of the conference report to H.R. 1, the Tax Cuts and Jobs Act:

“After years of work, we are going to enact the most sweeping, pro-growth overhaul of our tax code in a generation. Americans are going to see relief almost immediately in the form of bigger paychecks and lower taxes. I commend Leader McConnell and Chairman Hatch for working closely with the House to produce this historic legislation, and I look forward to joining them to send it to the president.”