Senator David Perdue Discusses Tax Priorities On Fox Business
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke with Maria Bartiromo on Fox Business Network’s Mornings With Maria about President Trump’s efforts to overhaul the tax code to help middle-class families and make America more competitive.
Acting on Tax: “The first thing is to get this tax bill that the President wants passed. The reason we need this tax package is to get the economy growing again and to put people back to work.”
Driving A Solution: “Right now I’m moving on and trying to drive to a solution on tax. I’m really optimistic that we will get to a tax bill because this economy wants to turn. Consumer optimism is at a 16-year high right now. If we move on this tax fix, I believe we’ll see a nice rebound next year.”
Lowering Rates: “We have to get the corporate tax rate as low as we can. President Trump wants 15 percent and so do I.”
Investing Back Home: “We can clean up corporate welfare as we work on deductions, but the real thing is we’ve got to eliminate is the repatriation tax. There is between $2 and $3 trillion stuck overseas in U.S. profits. That money can come back into the country as a capital investment and create jobs.”
Solving Fiscal Problems: “Job one is get the economy going, then start working on these redundant agencies. I believe if we get tax done this year, the economy starts to work, then we can start saving social security, whose trust fund goes to zero in 17 years, and Medicare.”
9th Congressional district Rep. Doug Collins (R-GA) spoke exclusively to FYNTV on Friday’s edition of Good Morning From the Office. Collins spoke on a multitude of issues, from the executive actions regarding Obamacare, to his personal crusade for adequate internet service and competition in rural Northeast Georgia. However, his remarks regarding tax reform were quite revealing. According to Collins, Speaker of the House Paul Ryan (R-WI) has informed House members that he will keep the House in session, if necessary, throughout the Christmas recess in order to pass tax reform.
The tax question is asked around the 11:00 minute mark of the FULL INTERVIEW below.
BKP: From the House side, will we get tax reform?
Rep. Collins: Yes. I feel very comfortable, in fact, it is the top priority for us in leadership, and the speaker. In fact, the speaker put us on notice yesterday (Thursday) that he would keep us through Christmas or any other holiday to make sure it gets done this year. It was very disturbing to hear some members of the Senate saying “Well, we gotta negotiate, it may be the first of the year” No. It’s time to get behind the American people, time to get behind the President and pass tax reform. It’s way past due.
ICYMI: Collins Talks Tax Reform Progress with Fox News
WASHINGTON—Rep. Doug Collins (R-Ga.), Vice Chair of the House Republican Conference, joined “Happening Now” with Jon Scott today to discuss the progress Congress has made towards sending a tax reform bill to the president.
On the path ahead for tax reform:
“Tax reform is coming. The administration is on board. The House and the Senate are on board. We’re looking forward to staying focused on that . . . tax reform is on track.”
“You have a president who is engaged, a president who has said that this is good for our economy. He understands the working class and what they’re doing, and how they need the tax reform, and how our businesses need it to make us competitive across the globe.”
On Minority Leader Nancy Pelosi’s calling the tax reform plan “Armageddon”:
“Nancy Pelosi is the queen of hyperbole. . . . Here’s the problem—it’s a simple fact—she is in love with a government that likes to spend your money, so she’s going to say everything she can to keep as much money in Washington, D.C. to do what she wants to do . . .”
“[Republicans] believe that the American people and businesses are the ones that drive this country—not the federal government.”