Sen. Tim Scott, R-S.C., has urged Congress to extend the 2017 Tax Cuts and Jobs Act, warning during an appearance on Newsmax Wednesday that failure to do so would result in a $4 trillion tax increase for Americans.
“We’ve got to get these tax cuts done,” Scott said on “Rob Schmitt Tonight” ahead of his scheduled meeting with former President Donald Trump. [The] “Tax Cuts and Jobs Act is what we passed in 2017. We need to extend them. And it would be, frankly, good to extend them permanently.”
Scott, who chairs the Senate Banking Committee and the National Republican Senatorial Committee, emphasized that the discussion with Trump will focus on ensuring the tax cuts remain in place.
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