Former Republican House Speaker Newt Gingrich called out the “elite news media” for six months of “lies” about the tax reform bill, along with overwhelmingly “hostile” coverage of the Trump Administration’s first year. On Fox News, host Bill Hemmer asked Gingrich whether he thought the bill’s passage would lead to electoral success for the GOP in 2018.
The former Georgia lawmaker said the results will be evident soon, when Americans file their taxes and see a doubling of the child tax credit and standard deduction and lower taxes for small businesses. He then predicted there will be a boom in investment in American jobs due to the lowering of the corporate tax rate.
Gingrich said, “This is gonna launch an American economic growth pattern that will be enormous.” He predicted an annual economic growth rate of four percent.
As for the public’s tepid support of the tax legislation, Gringrich pointed to the major networks’ negative coverage of the bill. “If the only thing you’ve heard was left-wing diatribes, you’re not gonna believe it, either.”
On top of the tax cuts, Gingrich urged everyone to read President Trump’s new national security strategy, which the president articulated in a speech last week.
“It’s a huge, profound break with the last 20 years. This is the week that proves to people that Donald J. Trump is a serious person achieving serious things, despite all the hostile news coverage.”