WASHINGTON, D.C. – U.S. Senator Rob Portman (R-OH) has issued the following statement after 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:

“After decades of talk and years of planning, the Senate passed landmark reforms that will provide tax relief for middle-class families, create more jobs, and increase wages for American workers,” Portman said.

“The Tax Cuts and Jobs Act gives families freedom to spend more of their money how they see fit, puts faith in American entrepreneurs and businesses to compete in the global market, and creates a fairer tax system that encourages jobs and investment in the United States.

“I was proud to play a significant role in developing this bill and improving it on behalf of middle-class families. I want to commend Leader McConnell, Chairman Hatch, and all those involved in passing this historic bill through the Senate, and I’m looking forward to resolving our differences with the House. This is once-in-a-generation tax reform that will improve our economy and expand opportunity for all Americans.”

The Tax Cuts & Jobs Act is focused on helping middle-class families. According to the Tax Foundation, under the Senate tax reform bill, the average family in Ohio will save $2,375 annually, while nearly one million new American jobs would be created, including more than 35,000 in Ohio.