House Speaker Paul Ryan, R-Wis., predicted that Democrats will eventually wish they voted for the GOP tax cut bill, as companies continue to offer bonuses and pay raises around the country, and many have agreed not to leave the U.S. in light of the lower tax burden.
"You're seeing stories like that," Ryan said in a C-SPAN interview posted Friday. "Businesses staying here, businesses expanding, businesses investing in capital, workers getting wage increases, workers getting bonuses, better benefits. 401ks, maternity leave. All of those kinds of things are now being announced, and it's just been 20 days."
"So I think the Democrats are going to regret not having supported this," he said. "I think it's going to do tremendous things for our economy."
Not a single Democrat voted for the bill in the House and Senate, and House Minority Leader Nancy Pelosi, D-Calif., called it "Armageddon," which Republicans have mocked as companies welcomed the news.
Ryan said he also disagrees with Pelosi's comment that the bill just hands out "crumbs" to workers.
"I'm sad and surprised she said that," Ryan said. "To somebody working at Walmart at the starting wage who just went from $9 an hour to $11 an hour, I don't think that's crumbs."
"To a person, you know, working paycheck to paycheck, just got a $1,000 bonus? That's not crumbs."