Paul Ryan: ‘The Typical Family of Four Will Save $1,182 a Year on Their Taxes’

EXCERPT:

RYAN: "This plan is for the middle class families in this country who deserve a break. It is for the families who are out there living paycheck to paycheck who just keep getting squeezed. You know, about half the country today is living paycheck to paycheck and a lot more people are about a paycheck away from living paycheck to paycheck in this country and this is going to help give people relief. 

The tax cut and jobs act will deliver real relief for people in the middle, people who are also striving to get there. With this plan, the typical family of four will save $1,182 a year on their taxes. For many families having an additional $1,182 more will make a real difference. That $1,182 more covers about a year’s worth of gas for your car. It covers your family’s phone bill for the year, depending how much data your kids use. 

That $1,182 more, it can help you pay down your debt faster, it can help you start and renovate your home faster. That $1,182 more for an average family that will help you put more money away for college, it will help you save for retirement."