John Cornyn: “If you don't vote for the bill, you're going to see a…”

“I get that. Will this bill reduce that deficit? I believe it will. And you have to look at it this way. If you don't vote for the bill, you're going to see a multitrillion dollar tax increase that does nothing for the deficit and debt. So we're making good incremental change, a good first start. And I know President Trump, I heard him say it myself, is say he plans to do more after this bill's done.” (02:58–03:06)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.