A press release from Congressman Peter Roskam:
Rep. Roskam Tax Cuts and Jobs Act Conference Committee Opening Statement
Washington, D.C. — The House-Senate Conference Committee for the Tax Cuts and Jobs Act met today to reconcile the bills passed in their respective chambers. Representative Peter Roskam (IL-06) delivered the following opening statement:“Fifty years from now, economic historians and social scientists are going to look back at this moment. What we’re actually talking about right now is bigger than tax reform because if you peel this discussion back, what you will see is two views of the economy that are competing for the affections of the American people.
“Two entirely different world views. In my opinion, one of them is a cul-de-sac; it is basically the economics of envy and that was the description in a nutshell of Senator Sanders a minute ago.
“By contrast, there is the economics of invitation and opportunity and, in my opinion, that is really what this debate is all about. And that’s why it is so hopeful.
“Look, the American public has been told in the previous administration, ‘You’re stuck in your station in life and the only way you get out of your station in life is if some federal program comes over the hill and pulls you out.’ I’m not against federal programs per se, but you take my point – we need a generation of millennials who are coming to fruition and coming to maturity in an economy that is growing and vibrant and dynamic.
“I think what is so interesting is the American people, in my opinion, are longing to be kindled and to be coaxed and cajoled out of the cul-de-sac of envy and onto a highway of opportunity. And when it all comes down to it, the proof is that is who the American people are. We have not been a jealous people. How do I know that? Because when people are successful around us, what do we say? ‘How nice for you.’ Here’s why we say that: We think, ‘That could be me; that could be my kids; that could be my grandchildren.’ And we know time and time and time again the stories of people who have gone from incredibly modest backgrounds – some of whom are sitting at these tables – to incredible success within a lifetime and so forth.
“So tax reform matters; it is at the foundation of this. But we are talking about a trajectory that is going to impact our nation like no other vote that congress is going to take. In closing, let me make this point: We all long for America to be a strong diplomatic power. In order to do that, America needs to be a strong military power; in order to do that, America needs to be a strong economic power. We can do incredible things if we focus on and recognize where we are and where we need to go.”