ICYMI: 137 Economists Support the Senate Tax Reform Plan
A group of 137 economists today urged Congress to pass tax proposals being considered in the Senate. “[W]hen it comes to the tax reform package aimed at fixing our broken system, the undersigned have but one shared perspective: Economic growth will accelerate if the Tax Cuts and Jobs Act passes, leading to more jobs, higher […]
Hatch: Time to Advance Pro-Growth Tax Reform
WASHINGTON — With the Senate expected to begin debate on the Tax Cuts and Jobs Act later today, Finance Committee Chairman Orrin Hatch (R-Utah) touted the benefits of the Senate tax overhaul plan, which will save a American family of four earning the median family income $2,200 on their annual tax bill. Hatch delivered the […]
From Tennessee to Wisconsin, Real Americans Support Senate Tax Plan
Across the country, real Americans recognize what they stand to benefit from the Senate plan to overhaul the federal tax code. Take a look at what local leaders are saying about the plan: The Missoulian: Modernizing our tax code will help Montana small business By Montana Rep. Greg Hertz, R-Polson “Tax reform is important for […]
Senate Tax Bill Delivers Stronger Growth, Higher Wages
The Finance Committee tax plan will unleash economic growth. By lowering the corporate tax rate, shifting to a territorial tax system, and allowing immediate expensing, the plan encourages more investment here at home and helps keep jobs from going overseas. The result? Faster growth, more jobs and higher wages for Americans across the country. In […]
Hatch Statement on Meeting with HHS Secretary Nominee Alex Azar
WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today met with the U.S. Department of Health and Human Services (HHS) Secretary Nominee Alex Azar and issued the following statement: “Mr. Azar, in our meeting today, demonstrated he has the gravitas to take the reins at the Department of Health and Human Services and lead […]
Senate Finance, Commerce Committees Seek Answers on Uber Data Breach
WASHINGTON – U.S. Sens. Orrin Hatch (R-Utah), John Thune (R-S.D.), Jerry Moran (R-Kan.) and Bill Cassidy (R-La.) today, in a letter to Uber Technologies Inc. CEO Dara Khosrowshahi, requested information related to recent reports of a data breach, which Uber failed to disclose promptly, involving the personal information of 57 million customers including names, email […]
Finance Committee Republicans are United on Senate Tax Plan
The Finance Committee recently advanced a historic tax overhaul plan that will increase the take-home pay of middle-class American families and create a fairer system that will boost job growth and make America a more inviting place to do business. Finance Committee Republicans were in lock-step as they voted for the tax reform bill that […]
Senate Tax Bill Levels the Playing Field for American Small Businesses
This Saturday marks Small Business Saturday, where American consumers head to Main Street to shop and support their local businesses. These engines of our economy are capable of creating more than 1 million new jobs each year and employ about half of the American workforce. That’s why Congress is working to provide tax relief to these […]
The Senate Tax Proposal Delivers Benefits Directly to the Middle Class
The Finance Committee tax overhaul delivers benefits directly to the working and middle class through doubling the standard deduction and the child tax credit, as well as lowering rates across the board. Take a look at the real world impact of the Senate plan: Family of four earning $73,000 A family of four with income […]
Regular Order: 23.5 Hours Over Four Days, 350+ Amendments Filed
Senate Finance Committee Chairman Orrin Hatch (R-Utah) is committed to producing a comprehensive, pro-growth tax reform package through regular order. Last week, the Finance Committee considered the Tax Cuts and Jobs Act, a tax overhaul plan that will save a typical American family nearly $2,200. Committee members on both sides of the aisle had the […]