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Ryan: Tax reform will get done this year

Speaker Paul RyanPaul Davis RyanCruz hires Trump campaign press aide as communications director Bottom line Ex-Trump chief of staff Priebus mulling Wisconsin governor bid MORE (R-Wis.) says he expects Congress to complete tax reform this year.

Pressed by "Fox & Friends" on Tuesday on whether he believes tax reform will be done this year, Ryan said: "Yeah, it's going to get done."

Ryan was further pressed on whether he and President Trump are on the same page on the principles.

"We are, very much so. Absolutely, we totally agree on this," he said.

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"We think it's critical for economic growth to get people back to work, to get this economy growing and to make America more competitive ... to make America great again."

Ryan also said there is $2 trillion to $3 trillion "of money sitting overseas that can't come back into America to be reinvested in our economy because of our tax laws."

"So we've got to make it so that all these businesses, like Apple and everybody else, can bring their money back home," he said.

The tax code says now if people make money overseas, they should keep it there, Ryan said.

"Invest overseas, build factories overseas. We don't want to do that," he said.

"Let people bring their money back home, companies bring their money back home, and reinvest it in this country. That is a critical piece of tax reform which we know will create jobs."