- House Speaker Paul Ryan has been fighting for tax reform for decades.
- Ryan presided over the House as the massive GOP tax bill passed the chamber.
- In announcing the final vote, Ryan got excited and yelled out the final vote count.
House Speaker Paul Ryan is really pumped about the GOP tax bill passing the House.
Ryan, who has fought for tax reform for much of a near two-decade career in Congress, became excited at the prospect of delivering on the bill Tuesday with the House’s passage of the massive tax overhaul. As he read the official vote count, the speaker’s volume gradually escalated. He triumphantly banged his gavel in announcing the final vote totals.
Ryan’s enthusiasm did not subside after the vote. In a follow-up press conference, Ryan touted the passage of the bill – the Tax Cuts and Jobs Act (TCJA) – as a “promise made and promise kept.”
“This is one of the most important pieces of legislation that Congress has passed in decades to help the Americans worker and to help grow the American economy,” Ryan said. “This is profound change and this is change that going to out our country on the right path.”
While economists and most analyses agree that the TCJA will lead to a modest economic boost and on average cut taxes for Americans of all incomes, there is also concern that the bill will grow the federal deficit and could end up predominately benefiting the rich.
The TCJA was sent to the Senate soon after its passage in the House and is expected to receive a final vote to in that chamber late Tuesday.
Watch Ryan’s reaction here:
Moments ago: The House passes the GOP tax bill 227 to 203. pic.twitter.com/jRqfEnkRl5
— CNBC (@CNBC) December 19, 2017
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