going to do that. with your help we can usher in a thrilling new era of opportunity and growth for this nation that we love so much. tax cuts have already passed the house of representatives. [ cheers and applause ] big ones. big ones! the eyes of the world now turn to the united states senate. a successful vote in the senate this week will bring us one giant step closer to delivering an incredible victory for the american people. massive tax cuts, and reform. i don t even mention the word reform, because people don t know exactly what we re talking about. for years they have not been able to get tax cuts. many, many years. since reagan. the problem was, they talked about tax reform. not tax cuts. i said, don t call it reform. call it tax cuts and reform. so everyone once in a while we ll add the name reform. but it s tax cuts. we cannot sit
historic tax cuts right across that finish line. we are going to do that. with your help, we can usher in a tliling new era of opportunity and growth for this nation that we love so much. tax cuts have already passed the house of representatives. [ cheers and applause ] big ones. the eyes of the world now turn to the united states senate. the successful vote in the senate this week will bring us one giant step closer to delivering an incredible victory for the american people. massive tax cuts and reform. i don t mention the word reform because people don t know exactly what we are talking about. for years, they have not been able to get tax cuts. many, many years, since reagan. and the problem was they talked about tax reform, not tax cuts. i said don t call it reform. call it tax cuts, and reform. so every once in a while we ll
a thrilling new era of opportunity and growth for this nation that we love so much. tax cuts have already passed the house of representatives. [cheers & applause] big ones. the eyes of the world turn to the united states senate. a successful vote in the senate this week will bring us one giant step closer to delivering a big victory to the american people. i won t mention reform. for years, they have not gotten tax cuts, many years, since reagan. the problem is they talked about tax reform, not tax cuts. i said don t call it reform. i called it tax cuts and reform. so every once in a while, we ll add the name reform. but it s tax cuts. [applause]
those are the only ways. it s got nothing to do with the stock market, president trump, or anybody who works for president trump who s listening to hill. that s just dishonest. the market gains that the president is referring to is money that companies make. not the government. companies make that money. the markets growth can have an impact on the economy, but, again, nothing to do with the debt. of course, unless you raise taxes, which the president says he isn t inclined to do in what he is calling the largest tax cut in the history of the count country. at least stopped calling it reform. break down the president s plan, start with corporate taxes. the current corporate tax rate is 35%. what you call a statutory rate, what the tax code says you pay, but we don t chut actually pay . the president is proposing we slash that to 20% claiming that the cut would give americans a $4,000 pay raise. i don t know what he s talking about.
republican returning to t reform now that hlth care has fizzled out ain. republicans voting not to vote on the graham cassidy bill. insisting the health care fight is not over, just on hold. we haven t given up on changing the amerin health care system. we are not going to be able to do that this week, but it still lies ahead of us and we haven t given up on that. president trump told house republicans who attended a bipartisan meeting on tax reform if they fail to act on health care he will work with democrats. it s worth noting the house did pass on obamacare repeal bill earlier this year. something paul ryan was clear about yesterday. the irs sharing information with a special counsel robert mueller concerning key officials in the russia investigation. it includes former campaign manager paul manafort and michael flynn.