WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement on the release of the House-Senate conference report for H.R. 1, the Tax Cuts and Jobs Act:
“This is what the American people have been waiting for: more jobs, fairer taxes, and bigger paychecks. The conference committee took the best ideas from the House and Senate plans and made an even better bill. The Tax Cuts and Jobs Act is now only two votes and a signature away from becoming the law of the land.
“This is the first major tax reform in a generation. It means relief for hardworking families and a jumpstart for our economy. We’re in the final stretch—and we’re ready to get this done for the American people by Christmas.”