New Analysis: Tax Reform Will Create Jobs and Boost Growth and Wages
A new report from the non-partisan Tax Foundation shows that the Senate and House conference report of the Tax Cuts and Jobs Act will lead to faster economic growth, more jobs and higher wages. The report found that tax reform would: Boost GDP 1.7 percent in the long term. In the short term, they predict […]
Tax Cuts and Jobs Act Moves to House and Senate Floor for Full Vote
WASHINGTON – Today, members of the Tax Cuts and Jobs Act (H.R. 1) House-Senate Conference Committee signed the conference report for this legislation and Conference Committee Chairman Kevin Brady (R-Texas) filed the conference report in the House. The bill will now move forward to be voted on next week by the entire House of Representatives […]
Finance Committee Members Talk Tax Reform at Conference Committee Hearing
Republicans are on the cusp of enacting pro-family, pro-growth tax reform that will provide middle-class tax relief and grow the economy. Yesterday, Finance Committee members joined their House colleagues to discuss the Senate- and House-passed versions of H.R. 1, the Tax Cuts and Jobs Act, during a conference committee meeting. Senate Republicans praised the proposals, […]
Hatch Opening Statement at Tax Reform Conference Committee Hearing
WASHINGTON – Finance Committee Chairman Orrin Hatch (R-Utah) today delivered the following opening statement at the conference committee hearing on H.R. 1, the Tax Cuts and Jobs Act. The legislation will deliver a tax cut to middle-class families, raise wages, grow the economy and simplify the tax system. Remarks as prepared for delivery: We are […]
Washington Post: Fact-Checking Jimmy Kimmel on CHIP Funding
In September, Senate Finance Committee Orrin Hatch (R-Utah) struck a deal with committee Ranking Member Ron Wyden (D-Ore.) on funding the Children’s Health Insurance Program (CHIP) for five years. The Finance Committee passed the bipartisan agreement by voice vote in early October. CHIP is a critical program for nearly 9 million vulnerable children and their […]
What They’re Saying: Tax Reform Will Benefit Entrepreneurs, Middle-Class Workers & Small Businesses
Community leaders, stakeholders and thought leaders across the country are praising Republican efforts to overhaul the tax code. From benefiting middle-class workers, to helping women in business get ahead, take a look at what they’re saying: WSJ: Hispanic Entrepreneurs Need Tax Reform By Steve Cortes, member of the Trump campaign’s National Hispanic Advisory Council, and […]
Myth v. Fact: Setting the Record Straight on Democrats’ Tall Tales
Myth: The Senate tax plan gives tax breaks to private jet owners. Fact: The Senate tax plan includes a provision, which was introduced as a standalone bill by Sen. Sherrod Brown (D-Ohio), to correct a long-running dispute between the IRS and private plane owners and operators. For years, the IRS has been in dispute with […]
Finance Committee Advances CBP Nominee
WASHINGTON – The Senate Finance Committee today advanced the nomination of Kevin K. McAleenan to serve as Commissioner of U.S. Customs and Border Protection (CBP) by a voice vote. “Mr. McAleenan is a well-qualified nominee, with the credentials and experience necessary to lead an agency as critical as CBP,” Hatch said. “CBP plays an important […]
Hatch Opening Statement at CBP Nomination Markup
WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today delivered the following opening statement at a Finance Committee markup of the nomination of Kevin K. McAleenan to serve as Commissioner of U.S. Customs and Border Protection: I’d like to welcome everyone here to this afternoon’s executive session. Today we will consider the nomination of […]
Senators Advocate for GOP Tax Overhaul
The historic tax overhaul that passed the Senate last week will boost wages, grow the economy, and provide middle-class taxpayers with real tax relief. Across the Senate Republican Conference, members are cheering multiple aspects of the plan, from benefits to agriculture, to growing the economy, to helping families, to support for healthcare reform. Take a […]