We are in a generational defining moment for our country, as Speaker Ryan said just moments before the House passed the historic Tax Cuts and Jobs Act.

A tax cut of $1,182 for the typical American household can go a long way towards providing peace of mind and financial stability.

For current mortgage borrowers, absolutely nothing is changing with your mortgage-interest deduction.

WASHINGTON—Today, House Speaker Paul Ryan (R-WI) delivered remarks on H.R. 1, the Tax Cuts and Jobs Act. Following are Speaker Ryan’s remarks:

“Mr. Speaker, I want to start off by thanking Kevin Brady and all of the members of the Ways and Means Committee for this job well done.

He has spent his entire career working on this issue.


The plan is expensive and adds to the deficit.

This is why it's so important we pass the Tax Cuts and Jobs Act tomorrow.