Statement by Principal Deputy Press Secretary Speakes on Action by the House of Representatives on the Tax Reform Bill

September 25, 1986

The President welcomes today's vote by the House. The country is now only one vote away in the Senate from enacting the President's number one domestic priority -- a tax system that will promote economic growth, simplify tax returns for the vast majority of Americans, return the code to a promise of fairness and equity, and most important of all, reduce rates for most Americans.