Congresswoman McSally Secures Win for Seniors and Middle Class in Tax Reform 2.0 Package
TUCSON – On Monday, the House Ways and Means Committee released the text of the Tax Reform 2.0 package. The legislation builds on the success of the Tax Cuts and Jobs Act, signed into law by President Trump in December 2017, by permanently locking in tax cuts for individuals, families, and businesses. Among the provisions contained in the bill, the package includes a two-year extension of the medical expense deduction, which Representative McSally secured after leading the effort to include it in the historic tax cut law.
“Arizonans are seeing the positive impacts of the tax cuts Republicans worked to push through Congress last year. The August jobs report released on Friday showed continued growth, unemployment remaining near record lows, and wages rising at the fastest pace since 2009,” said Congresswoman McSally. “It is great to see Tax Reform 2.0 moving forward and I am proud that I worked with Chairman Brady to ensure that an additional two-year extension of the medical expense deduction was added into the package. Preserving this deduction will protect seniors and hard working families in Arizona with high health care costs and provide relief from a harmful ObamaCare tax hike.”
“Millions of Americans are struggling under the weight of unaffordable medical bills,” said Ways and Means Committee Chairman Kevin Brady. “Thanks to Congresswoman McSally’s advocacy and tireless work to protect seniors and those struggling with high medical bills, this Tax Reform 2.0 package provides additional relief for those with high medical bills for two more years.”