Press Releases
Currently showing results related to Taxes
ICYMI: McConnell on The Story
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) joined Martha MacCallum this afternoon on Fox News' 'The Story With Martha MacCallum'. Click here to watch the full interview or see below for highlights: On Democrats' Runaway Inflation: "One clear reason we're suffering from 40-year high inflation: the $1.9 trillion so-called rescue package passed last year in March without a single Republican vote, which Bill Clinton's Secretary of the Treasury, Larry Summers said at t… Continue Reading
04.01.22
ICYMI: McConnell on Fox News @ Night
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) joined Shannon Bream last night on Fox News' 'Fox News @ Night'. Click here to watch the full interview or see below for highlights: On Surging Gas Prices: "We were energy independent in 2019 and exporting oil and gas. Every solution [the Biden administration] come[s] up with involves somebody else sending energy to Europe rather than us. And with regard to dropping some of the reserves and the strategic petroleum reserves… Continue Reading
12.10.21
$4.9 Trillion: Without Budget Gimmicks, Cost of Democrats’ Reckless Taxing and Spending Spree Skyrockets
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) released the following statement today regarding the recent CBO report: "As a Democratic Senator explained last month, the reckless taxing and spending spree is full of 'shell games' and 'budget gimmicks' meant to mask the pain it would cause our country. "Democrats want permanent new entitlements. To create a fake lower price tag, their bill pretends much of the spending would stop in a few years. To be clear, Democrats d… Continue Reading
11.03.21
ICYMI: McConnell on ‘The Story with Martha MacCallum’
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) joined Martha MacCallum on Fox News Channel's 'The Story with Martha MacCallum' this afternoon. See below for highlights or click here to watch the full interview: On Yesterday's Elections and the Biden Agenda: "Well, even more significant than Virginia is New Jersey. We were not competitive in the governor's race up there and yet the Republican candidate, who no one knew, almost won. I think what we can safely say about N… Continue Reading
10.06.21
McConnell Statement on Democrats’ Self-Created Debt Limit Crisis
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) issued the following statement today on the debt limit: "The unified Democratic government had two and a half months to address the debt limit through reconciliation. Instead, they drifted to the doorstep of yet another self-created Democrat crisis. Whether through miscalculation or a deliberate effort to bully their own members into wrecking the Senate, top Democrats have risked adding a default crisis to the inflation cri… Continue Reading
10.04.21
McConnell Letter to President Biden on Debt Limit
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) sent the following letter to President Biden this morning regarding congressional Democrats' duty to raise the debt limit: "Dear President Biden: "For many years, our working relationship has been defined not only by our strong disagreements, but also by mutual transparency and respectful candor. I write in that spirit to express concern that our nation is sleepwalking toward significant and avoidable danger because of con… Continue Reading
11.26.18
McConnell Op-Ed: A Long, Proud List of Accomplishments in this Congress
"Over the last two years, a Republican Congress, working with the Trump Administration, has delivered a long series of policy accomplishments that have created real, tangible change for the American middle class. Along the way, this Senate has proven to be fertile ground for productive bipartisan work. "What remains to be seen, and what the country will soon learn, is whether or not a Democrat-led House of Representatives will follow suit. "Here's where we are after the first two years of the … Continue Reading
06.28.18
McConnell Announces Jay Khosla to Serve as Chief Economic Policy Counsel
WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell (R-KY) announced today that Jay Khosla will join his office as Chief Economic Policy Counsel. Khosla currently serves as Staff Director for the Senate Finance Committee. Prior to serving as Staff Director, Khosla held multiple senior roles at the Finance Committee including Policy Director and Chief Health Counsel. "Jay is an all-star and I'm thrilled to have him join our team," McConnell said. "Jay was a driving force helping deliv… Continue Reading
05.09.18
McConnell on ‘The Daily Briefing’
WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell (R-KY) appeared on Fox News' 'The Daily Briefing' with Dana Perino: On North Korea "We have watched administrations of both parties not be able to achieve what we have all hoped for in North Korea-- that is a peninsula without nuclear weapons. So, this is as close as we have ever come. I think everybody is a little bit cautious when dealing with the North Koreans for the obvious reasons. This is quite significant we have gotten th… Continue Reading
04.17.18
2018 Tax Day: Out With the Old, and In With the New
"Today is 'Tax Day,' the deadline for most Americans to file their tax returns. For many middle-class families and businesses, this date is circled on the calendar with regret and trepidation. But this year, this depressing day has a silver lining?-?simply put, it's 'out with the old, and in with the new.' Today is the last time American families will have to file under the unfair, outdated tax code that Congress and the president got rid of a few months ago. "Republicans' historic overhaul cut… Continue Reading
02.07.18
Bipartisan Budget Act
"We need Congress to lift the defense spending caps and support a two-year budget agreement for our military…. We expect the men and women of our military to be faithful in their service even when going in harm's way. We have a duty to remain faithful to them." --Secretary of Defense James Mattis, 2/7/2018 A bipartisan, bicameral agreement was reached on a long-term budget agreement that, for the first time in years, will ensure that America's armed forces have more of the resources the… Continue Reading
12.15.17
McConnell on Tax Reform Conference Report: Critical for the Future of Our Country
WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell (R-KY) issued the following statement on the Tax Cuts and Jobs Act conference report that was released today: "First and foremost, I would like to congratulate the members of the Senate and the House who worked tirelessly to reconcile the differences between the two tax bills. What they have accomplished is critical for the future of our country - and that is no understatement. After 31 years, it's about time. "For too long, Ameri… Continue Reading
12.06.17
McConnell Announces Senate’s Republican Members of the Tax Reform Conference Committee
WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) made the following statement after eight Republican Senators were selected for the Tax Cut and Jobs Act conference committee: "Last week, Senators answered the calls of our constituents by voting to overhaul our complex and outdated federal tax code. We seized the opportunity to spur economic growth, to help create jobs right here at home, and to take more money out of Washington's pocket and put more money into the pockets of har… Continue Reading
12.03.17
McConnell on ABC’s ‘This Week’ and CBS’s ‘Face the Nation’
LOUISVILLE, KY- U.S. Senate Majority Leader Mitch McConnell (R-KY) appeared on ABC's 'This Week' and CBS's 'Face the Nation' to discuss Senate passage of the Tax Cuts and Jobs Act. The following are excerpts from the interviews: ABC's 'This Week' On Middle Class Tax Relief and Jobs "We're doing a lot to keep our jobs from going overseas by making sure the business tax rates are competitive in this global economy. Of course we didn't leave behind the middle class, either. The average tax-payin… Continue Reading
12.01.17
Joint Statement from Leader McConnell and Speaker Ryan on Misleading Democrat Claims About Tax Reform
WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) and House Speaker Paul Ryan (R-WI) released the following statement on misleading Democrat claims that tax reform would lead to cuts in vital programs: "Critics of tax reform are claiming the legislation would lead to massive, across-the-board spending cuts in vital programs-including a four percent reduction in Medicare-due to the Pay-Go law enacted in 2010. This will not happen. Congress has readily available methods to waive th… Continue Reading
11.17.17
McConnell Praises Finance Committee Action on Tax Reform Legislation
WASHINGTON, D.C.- Senate Majority Leader Mitch McConnell (R-KY) issued the following statement after the Senate Finance Committee reported their tax reform legislation: "For the millions of hard-working Americans who need more money in their pockets and the chance of a better future, help is on the way. Building off of years of work, dozens of hearings and bipartisan proposals, the Senate Finance Committee has reported a bill that will bring lasting relief to middle-class families, small busin… Continue Reading
11.16.17
McConnell Statement on House Passage of the Tax Cuts and Jobs Act
WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) released the following statement regarding House passage of the Tax Cuts and Jobs Act today: "Today with House passage of the Tax Cuts and Jobs Act, we are one big step closer to putting more money in the pockets of millions of struggling American families so they can pay their bills, save for their future and invest for their children. I commend Speaker Paul Ryan, Ways and Means Committee Chairman Kevin Brady and all the members … Continue Reading
11.09.17
McConnell Says Tax Bill ‘A Big Step Forward In Turning The Ship Around For American Families’
WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) issued the following statement today on the Tax Cuts & Jobs Act: "The Senate Finance Committee, under the leadership of Chairman Hatch, has put forward much-needed tax reform that will give hard-working, middle-class families across America more money in their pockets, more economic opportunity and security, and more jobs here at home. This proposal is years in the making. It is the product of dozens of hearings over a perio… Continue Reading
11.02.17
McConnell Statement on the Tax Cuts and Jobs Act
WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) released the following statement regarding the Tax Cuts and Jobs Act that was released by the House Ways and Means Committee today: "Today, the House of Representatives took a big step forward in our effort to help provide the American people with a robust economy that reaches for its full potential: that puts more money in middle-class pockets, that produces better jobs for workers, that secures more opportunity for our children.… Continue Reading
10.26.17
‘We Have A Once-In-A-Lifetime Opportunity To Replace A Failing Tax Code’
WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) released the following statement regarding House adoption of the budget for Fiscal Year 2018: "I want to thank Speaker Ryan and House Republicans for taking this important step to help us achieve tax reform for hardworking Americans by passing this budget. This is a comprehensive, fiscally-responsible budget that will help put the federal government on a path to balance. It went through committee and includes provisions from both … Continue Reading
