CNN host John King noted Wednesday that the Republican tax bill is giving “damn good money” to working families living paycheck to paycheck.

“The Republicans are making a big bet, taking a big risk. Will over time the American people say ‘oh, I like having more money in my pocket.’ That’s their big bet,” King said.

“Not one Democrat has voted for a bill that cuts taxes by $1.5 trillion. To Abby’s point, if you’re a working class family, some people say oh, it’s only $200, $300 — if you’re living paycheck to paycheck, that’s damn good money and you are grateful for it.”

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“Are the Democrats taking a risk?” King wondered. “Especially those from trump states there’s 10 Democrats from Trump states, are they solid or this a bet in December 2017 that they can’t be sure holds up in November 2018?”

I would like to congratulate @SenateMajLdr on having done a fantastic job both strategically & politically on the passing in the Senate of the MASSIVE TAX CUT & Reform Bill. I could have not asked for a better or more talented partner. Our team will go onto many more VICTORIES! — Donald J. Trump (@realDonaldTrump) December 20, 2017

Approximately 80 percent of American taxpayers will see their taxes go down under the new legislation, according to an analysis by the Tax Policy Center, a left-leaning think tank. (RELATED: Here Are The 12 Republicans Who Voted Against Tax Reform)