The Tax Cuts and Jobs Act is a tax cut for corporations, not families.

Tonight, Speaker Ryan will join Fox News’ Bret Baier and Martha MacCallum for a tax reform town hall. The hour-long event will take place live from Herndon, Virginia starting at 6:30 p.m. ET/5:30 p.m. CT.

 Watch the town hall live on Fox News 

It has been more than 30 years since we last overhauled our tax code, and in that time, it has swelled to seven tax brackets and more than 70,000 pages.

A list of the most important numbers you need to know:

I'm pleased to report that we are now one step closer to cutting taxes for you and your family. 

The Ways and Means Committee just approved the Tax Cuts and Jobs Act. Next, the bill goes to the House floor for a debate and up-or-down vote.

“Today, we took yet another critical step toward delivering real relief to the American people."

The Tax Cuts and Jobs Act will be a game-changer for Americans across the country.

Today’s news is yet another example of why we need to get tax reform done in 2017.