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“In short, there was no way we were going to get a better deal for the American taxpayer. That is not to hide the fact that this bill was far from perfect,” he said. “This bill had to pass. Otherwise, every single taxpayer would have paid higher taxes, and our economy would have gone into a nosedive.”

The two-day National Review Institute’s summit kicked off Saturday morning with an address from Peter Thiel, the co-founder of Paypal.

Sen. Ted Cruz, Texas Republican, Wisconsin Gov. Scott Walker and former South Carolina Sen. Jim Demint, who resigned from his seat to become president of the conservative Heritage Foundation, are among those scheduled to speak Saturday. Virginia Gov. Bob McDonnell and Mr. Jindal are scheduled to speak Sunday.