House GOP Leaders Hope Tax Law Will Save Their Majority

The House Republican leadership is betting that voters will find their tax plan appealing enough to keep them from losing their majority in November, CNBC reports. 

House Majority Leader Kevin McCarthy, R-Calif., who has retiring Speaker Paul Ryan's endorsement to replace him, said Tuesday that voters will start to see how the tax plan benefits them before the midterm elections. He said that voters will choose between the GOP tax plan and the Democratic system.

"The tax bill has gotten more popular," he told CNBC's "Squawk Box."

House Ways and Means Committee Chairman Kevin Brady, R-Texas, said that November will give voters a "clear choice" between the new tax system and the old.

"I think this is a healthy discussion they can have and a healthy debate, and at the end of the day, we're going to win it," McCarthy said.

The congressman added that he's "humbled" that Ryan endorsed him for speaker, but that first "we have to make sure a Republican could become speaker in the next Congress. So we have a lot of work to do. History goes against us."

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