The Republican Party, also known as the Grand Old Party (GOP), is a right-wing political party in the United States. One of the two major parties, it emerged as the main rival of the then-dominant Democratic Party in the 1850s, and the two parties have dominated American politics since then.

A bill must pass both bodies in the same form before it can be presented to the President for signature into law.

The typical family will get up to $10,900 in additional take-home pay. Workers will see increased wages up to $7,200. Households earning less than $100,000get a 12 percent tax cut compared to today. Up to 7.2 million jobs protected and created, and 1 million new jobs annually by small businesses.