Gingrich: 'Elite News Media' Has Spent 6 Months Lying About the Tax Bill
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.
Bill Hemmer asked Gingrich whether he believes the bill's passage will lead to electoral success for the GOP in the 2018 midterms.Article continues below
The former Georgia lawmaker said the results will be evident very soon when Americans file their taxes and see a doubling of the child tax credit and standard deduction and lower taxes for small businesses.
Gingrich predicted there will be a boom in investment in American jobs due to the lowering of the corporate tax rate.
The Tax Cuts are so large and so meaningful, and yet the Fake News is working overtime to follow the lead of their friends, the defeated Dems, and only demean. This is truly a case where the results will speak for themselves, starting very soon. Jobs, Jobs, Jobs!
— Donald J. Trump (@realDonaldTrump) December 20, 2017
"This is gonna launch an American economic growth pattern that will be enormous," said Gingrich, touting one estimate of 4 percent GDP growth next year.
Gingrich pointed to the major networks' negative coverage of the bill for the tepid public support.
"If the only thing you've heard were left-wing diatribes, you're not gonna believe it either."
On top of the tax cuts, he urged everyone to read President Trump's new national security strategy, which the president articulated in a speech on Monday.
"It's a huge, profound break with the last 20 years. ... This is the week that proves to people Donald J. Trump is a serious person achieving serious things, despite all the hostile news coverage," he said,
Watch the full interview above.