Monday,
December
4
On
Senate
Floor:
Portman
Supports
DHS
Secretary
Nominee
Kirstjen
Nielsen
In
a
speech
on
the
Senate
floor,
U.S.
Senator
Rob
Portman
(R-OH),
a
member
of
the
Homeland
Security
and
Governmental
Affairs
Committee,
outlined
his
support
for
Kirstjen
Nielsen
for
the
position
of
Secretary
of
the
Department
of
Homeland
Security.
Specifically,
Portman
discussed
his
belief
that
Nielsen,
who
confirmed
her
support
of
the
Synthetics
Trafficking
&
Overdose
Prevention
(STOP)
Act in
November,
will
work
to
prevent
the
flow
of
drugs
into
our
country
in
order
to
combat
drug
addiction.
The
STOP
Act
is
designed
to
help
stop
dangerous
drugs
such
as
heroin,
fentanyl
and
carfentanil
from
being
shipped
through
our
borders
to
drug
traffickers
here
in
the
United
States.
Portman
introduced Nielsen
at
her
HSGAC
nomination
hearing
earlier
this
year.Transcript of his remarks can be found here and a video can be found here.
Transcript of his remarks can be found here and a video can be found here.
Portman
Announces
Support
for
Legislation
to
Protect
Children
In
Public
Housing
From
Lead
Exposure
“There
is
no
safe
level
of
lead
for
children,
and
more
than
2,600
children
in
Ohio
have
elevated
levels
of
lead
in
their
blood.
That
is
unacceptable,” said
Portman. “Every
child
should
have
the
opportunity
to
reach
their
God-given
potential
and
that’s
why
we
must
bring
these
outdated
HUD
lead
standards
up
to
date. More
than
that,
we
must
invest
in
prevention
to
ensure
every
Ohio
family
is
safe.
This
is
a
simple,
common
sense,
bipartisan
solution
to
address
a
key
challenge
facing
low-income
communities
in
Ohio
and
across
the
country
and
I
urge
my
colleagues
to
join
me
in
supporting
this
legislation.”
Wednesday, December 6
Portman
Named
Conferee
on
House-Senate
Tax
Reform
Conference
Committee
“We’ve
made
important
strides
toward
providing
middle-class
tax
relief
and
reforming
our
tax
code,
and
I
will
continue
to
work
to
improve
this
bill
as
the
House
and
Senate
complete
our
work.
In
2010,
I
made
a
commitment
to
the
people
of
Ohio
that
I
would
help
lead
an
effort
to
reform
our
broken
tax
code
and
provide
relief
to
families
and
small
businesses,
and
I
intend
to
keep
that
commitment. This
effort
is
about
giving
Ohio
families
a
better
future
with
more
jobs
and
higher
wages,
and
I’m
optimistic
that
the
House
and
Senate
will
send
a
final
bill
to
the
president’s
desk
before
Christmas.”
Portman
Announces
New
Funding
Opportunity
for
Community-Based
Coalition
Enhancement
Grants
to
Prevent
Opioid
Abuse
Amongst
Youth
“The
Drug-Free
Communities
program
is
a
proven,
evidence-based,
community-oriented
and
accountable
program
that
reduces
substance
abuse
among
our
nation’s
youth
and,
sadly,
it
is
needed
now
more
than
ever.
It
is
especially
important
that
we
work
to
prevent
addictions
before
they
begin,
so
I
am
pleased
that
these
grants
will
help
educate
our
young
people
before
they
get
addicted,
as
well
as
help
those
already
struggling
with
addiction.
I
will
continue
to
work
to
get
those
on
the
frontlines
the
resources
they
need
to
turn
the
tide
and
address
the
comprehensive
challenge
of
combating
addiction.”
For a list of recent DFC grantees in Ohio, please go here.
These grants build upon authorizations in Senator Portman’s recently signed-into-law and bipartisanComprehensive Addiction & Recovery Act (CARA). CARA ensures that federal resources are focused on evidence-based prevention, treatment, and recovery programs that have proven effective in local communities so that it can make a difference in people’s lives. Portman is currently working to get his bipartisan Synthetics Trafficking & Overdose Prevention (STOP) Act, legislation as well as his Prescription Drug Monitoring Act, and Medicaid CARE Act signed into law.
On
CNBC,
Portman
Discusses
Tax
Negotiations,
How
Tax
Reform
Will
Boost
Middle
Class,
Jobs
&
Wages
During
an
interview
on
CNBC’s
Squawk
Box,
Senator
Portman
discussed
how
the
Senate-passed
Tax
Cuts
&
Jobs
Act
will
help
boost
the
middle
class,
create
more
and
better
jobs,
and
raise
wages.
Portman
also
discussed
the
path
forward
and
his
hopes
that
the
Senate
and
House
can
come
together
quickly
to
send
this
bill
to
the
president
that
will save
the
typical
Ohio
family
$2,375
annually
on
their
tax
bill and
help
middle-class
Ohioans
keep
more
of
their
paycheck. Portman,
who
has
held
six
tax
reform
roundtables
in
Ohio
with
local
business
leaders
in
recent
months,
has
been
vocal
on
the
national
stage
calling
for
tax
reform,
including
during
recent
interviews
on
CBS
This
Morning,
Fox
News,
CNN,
CNBC,
Fox
Business,
Bloomberg
TV,
and
NBC’s
Meet
The
Press
twice,
as
well
as
recently
in
op-eds
in
the
Cleveland
Plain
Dealer and
Cincinnati
Enquirer.Excerpts can be found here and a video can be found here.
Friday, December 8
What
They’re
Saying
About
Senator
Portman’s
Efforts
to
Pass
the
Tax
Cuts
&
Jobs
Act
Last
week,
with
the
help
of
Senator
Portman,
the
Senate
passed the
Tax
Cuts
&
Jobs
Act,
which
will
help
middle-class
families
and
save
the
typical
Ohio
family
$2,375
annually,
create
more
jobs,
and
increase
wages
for
American
workers.
Portman
worked
throughout
the
process
to
develop
and
help
improve
the
bill,
including
adding
several
amendments
during
consideration
by
the
Senate
Finance
Committee.
And
now
he’s
been
appointed
to
serve
on
a
House-Senate
conference
committee
that
is
negotiating
the
final
bill.Below are highlights of coverage on Senator Portman’s efforts to get the legislation passed in the Senate:
- “With Senate approval of the most sweeping changes in the federal tax code since 1986, Sen. Rob Portman has moved one step closer to a goal he has talked about relentlessly since he ran for the U.S. Senate in 2010. And if overhauling the tax code sparks an economic boom, Portman will emerge as one of the Republicans who will receive credit nationwide for making the tax bill a reality.” Columbus Dispatch, December 4, 2017
- “Now that the Senate and House have passed their separate tax-cut plans, a select group of lawmakers will meet behind closed doors to resolve the differences. Sen. Rob Portman, an Ohio Republican and booster of the cuts, will be in that group. Republican Senate leaders Wednesday night appointed Portman and several colleagues to meet with House of Representatives counterparts, work through their bills' differences and present a final, combined bill for passage in both chambers .. Since last year, Portman has been among a few key senators behind the scenes shaping the tax package, which he says will help most Ohioans keep more of their pay and spur companies to expand and hire.” Cleveland Plain Dealer, December 7, 2017
- “Not long after the 2016 election, McConnell and Senate Finance Committee Chairman Orrin Hatch (R-Utah) quietly tapped four Senate Republicans Pat Toomey of Pennsylvania, Rob Portman of Ohio, Tim Scott of South Carolina and John Thune of South Dakota to be the GOP conference’s point people on the tax battle. The group immediately began meeting in December to lay the groundwork for the legislative push. And after the failure of Obamacare repeal, Republicans were determined to do things differently.” POLITICO, December 2, 2017
- “The failure to repeal the health care law provided Senate Republicans a valuable road map of what not to do when pursuing their ambitious tax agenda particularly cutting colleagues out of the process. Mr. McConnell and a circle of lieutenants who sit on the finance and budget committees Rob Portman of Ohio, Patrick J. Toomey of Pennsylvania, John Thune of South Dakota and Tim Scott of South Carolina joined John Cornyn of Texas, the No. 2 Republican, in relentlessly trying to educate senators.” New York Times, December 3, 2017
- “McConnell picked four members of the Finance Committee Tim Scott of South Carolina, Rob Portman of Ohio, Pat Toomey of Pennsylvania and John Thune of South Dakota to take the lead on the bill, along with Chairman Orrin Hatch of Utah and No. 2 Senate Republican John Cornyn of Texas. Those members were charged with determining the priorities of others and forging a consensus . Trump, McConnell and Portman all worked with Maine Sen. Susan Collins, including key promises made by the president when he visited the Capitol on Tuesday for a lunch with GOP senators in which he displayed uncharacteristic familiarity with the measure’s details and had a better read of the room than in prior appearances.” Associated Press, December 2, 2017
- “Portman’s biggest contribution was to handle the technically difficult task of transforming the U.S. tax system for corporate profits earned overseas into a territorial one. The former U.S. trade representative’s expertise came in handy when GOP leaders were trying to find a way to pay for increasing the deduction for pass-through businesses. They ultimately decided to increase the tax rate on corporate profits held overseas. Portman explained to colleagues the concession would not dampen the economic punch of the bill.” The Hill, December 2, 2017
- “McConnell pointed to Republican senators meeting in small groups for months, and he praised the leadership of Finance Committee members Rob Portman of Ohio, Tim Scott of South Carolina, John Thune of South Dakota and Patrick J. Toomey of Pennsylvania for helping lead the efforts along with Finance Chairman Orrin G. Hatch, R-Utah, and Texas Republican John Cornyn, the majority whip.” Roll Call, December 2, 2017
- “There are a number of other members who have been critical to the process Senators Thune, Portman, Toomey and Scott took on the yeoman’s work in the Finance Committee as we worked to unite our conference on a bill that everyone could support. I will never forget the time and energy they put into this effort and can’t thank them enough. My staff calls them the ‘core four’ of tax reform.” Senate Majority Leader Mitch McConnell
Why the GOP Tax Cuts Will be Good for the Middle Class, Good for America and Good for Business
For years, Republicans and Democrats alike have called for middle-class tax cuts. Last week, the Senate passed legislation that will finally deliver it.
Opponents of this bill have made a number of claims, either misunderstanding the policies in the bill or deliberately misrepresenting their effects. Either way, I'd like to offer some clarity.
Most importantly, this tax reform plan helps middle-class families directly in three main ways. It lowers tax rates, doubles the child tax credit to $2,000, and doubles the standard deduction to $24,000 per family.
This means a larger "zero income tax bracket," which will take about 3 million more lower-income Americans off the tax rolls altogether.
The independent Tax Foundation estimates that these reforms will benefit families across middle-class income brackets in 2018. For example, a single parent with two children earning $52,000 a year will see a 36 percent reduction in their taxes. A family with two kids earning $85,000 a year will see a 20 percent reduction in their taxes. And a family with two kids earning $165,000 a year will see an eight percent reduction in their taxes. This is because the biggest proportion of tax benefit goes to middle-class families at the lower end of the economic ladder . (“Why the GOP Tax Cuts Will be Good for the Middle Class, Good for America and Good for Business,” Rob Portman. Cleveland Plain Dealer. December 6, 2017)
Tax Relief for the Middle Class and a Boost to the American Economy
Last week, after years of discussion over tax reform ideas, the Senate passed legislation that will provide tax cuts for middle-class families and make our tax code competitive so America can once again become the best place in the world to do business.
The most immediate benefit will be the tax cuts for the middle class. For more than a decade, expenses have increased health care being the biggest expense while wages have stayed generally flat. Republicans and Democrats alike have called for relief for people feeling this middle-class squeeze and the Tax Cuts and Jobs Act will finally deliver it.
Our plan will double the child tax credit to $2,000, double the standard deduction to $24,000 per family and lower tax rates for families across middle-class income brackets. The independent Tax Foundation estimates that a single parent with two kids earning $52,000 a year would see a 36 percent reduction in their taxes. A family with two kids earning $85,000 a year would see a 20 percent reduction in their taxes. And a family with two kids earning $165,000 a year would see an 8 percent reduction in their taxes.
For Ohio, the Tax Foundation estimates this means that a family of four at the median income level will save about $2,400 a year on their taxes. For a family in Akron, or across the state, that money staying in your pockets rather than going to Washington can help make a car payment, pay for health care or save for retirement.
Middle-class families will get immediate relief through the tax cuts in this plan, but families will also benefit from reforms on the business side in the form of more jobs and higher wages in America.
(“Tax Relief for the Middle Class and a Boost to the American Economy,” Rob Portman. Akron Beacon Journal. December 6, 2017)
How four GOP senators guided a tax-bill victory behind the scenes
Senate Republicans breathed a collective sigh of relief early Saturday morning when a $1.4 trillion tax bill that had teetered on the brink of failure passed with only one GOP defection
Portman played a leading role in coaxing Collins to support the legislation.
He had breakfast with her Wednesday morning and worked closely with McConnell to ease her concerns over language repealing ObamaCare’s individual mandate, which the Congressional Budget Office warned could raise insurance premiums by 10 percent.
McConnell and Portman assured her that the effect on premiums would be offset by moving legislation to authorize cost-sharing reduction payments to insurance companies, according to sources familiar with the talks , Portman’s biggest contribution was to handle the technically difficult task of transforming the U.S. tax system for corporate profits earned overseas into a territorial one.
The former U.S. trade representative’s expertise came in handy when GOP leaders were trying to find a way to pay for increasing the deduction for pass-through businesses. They ultimately decided to increase the tax rate on corporate profits held overseas.
Portman explained to colleagues the concession would not dampen the economic punch of the bill.
(“How four GOP senators guided a tax-bill victory behind the scenes,” Alex Bolton. The Hill.
December 2, 2017
Ohio’s Portman played key role in crafting Senate tax bill
With Senate approval of the most sweeping changes in the federal tax code since 1986, Sen. Rob Portman has moved one step closer to a goal he has talked about relentlessly since he ran for the U.S. Senate in 2010.
And if overhauling the tax code sparks an economic boom, Portman will emerge as one of the Republicans who will receive credit nationwide for making the tax bill a reality
(“Ohio’s Portman played key role in crafting Senate tax bill,” Jack Torry. Dayton Daily News. December 4, 2017)
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