Inhofe: "This is a Reagan Tax Cut"

U.S. Sen. Jim Inhofe (R-Okla.) praised the Senate’s passage of tax reform overhaul. The legislation will be sent back to the House of Representatives before it goes to the President and becomes law.   

“This is a Reagan tax cut – a truly pro-growth reform that will grow our economy and create jobs. The tax cut package passed by the Senate tonight will support working families in Oklahoma with an average tax cut of approximately $2,000 by doubling the standard deduction and the child tax credit. These are tangible benefits and I am eager to see this tax cut enacted before Christmas so families can keep more of their hard earned money.”

Watch Senator Inhofe’s floor remarks on tax reform here.

Read Sen. Inhofe's statement about the conference report, which includes key provisions he secured, here.