Hatch Releases Modifications to Senate Tax Plan
WASHINGTON – Today, Senate Finance Committee Chairman Orrin Hatch (R-Utah) released the modified chairman’s mark for the Tax Cuts and Jobs Act. The modified mark will effectively repeal the individual mandate tax to help provide additional relief to low- and middle-income families, create more certainty for American job creators by ensuring business provisions – like […]
ICYMI: Senate Tax Reform Markup, Day 1: Middle-Class Benefits All Around
Yesterday the Senate Finance Committee kicked-off its markup of a once-in-a-generation opportunity to overhaul our nation’s tax code. In their opening statements, Republicans up and down the dais highlighted a key feature of the Tax Cuts and Jobs Act – tax relief and increased take-home pay for the middle class. “Under our bill, a family […]
Hatch Remarks at Finance Committee Markup of Tax Cuts and Jobs Act
WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today delivered the following remarks at the committee markup of the Senate tax overhaul package, the Tax Cuts and Jobs Act: Today, the committee will continue its consideration of the chairman’s mark for the Tax Cuts and Jobs Act. We will begin by walking through the […]
Hatch Opening Statement at Finance Committee Markup of Tax Cuts and Jobs Act
WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today delivered the following opening statement at the markup of the Senate tax overhaul package, the Tax Cuts and Jobs Act. To view a full copy of the chairman’s mark, click here. A score of the mark may be found here. A section-by-section of the mark […]
Senate Momentum On Tax Reform
WASHINGTON – Congressional efforts to overhaul the nation’s broken tax code are gaining momentum in the Senate this week, with Senate Finance Committee members and Trump administration officials touting the economic benefits of the Tax Cuts and Jobs Act. The Finance Committee is scheduled to begin its markup of the Senate bill today at 3 […]
ICYMI: Senate Proposal Provides Middle-Class Tax Relief: State-by-State Analysis
WASHINGTON — As press reports recently noted, the biggest winner in the Senate’s tax overhaul plan is the middle class. A recent analysis by the Tax Foundation breaks down how the Senate’s Tax Cuts and Jobs Act will lead to more jobs and higher wages in each state, amounting to nearly 1 million new jobs […]
Hatch Statement on Announcement of Alex Azar to Lead Department of Health and Human Services
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), chairman of the Senate Finance Committee, which oversees the Department of Health and Human Services (HHS), issued the following statement after President Trump announced his intent to nominate Alex Azar to serve as HHS Secretary: “The challenges plaguing the American healthcare system are serious. For too long, hardworking, […]
High Praise from Committee Republicans on Senate Tax Plan
This week, Senate Finance Committee Chairman Orrin Hatch (R-Utah) announced a bold tax reform proposal that will provide middle-class tax relief, bring down tax rates across the board, and enhance America’s global competitiveness. With a markup beginning on Monday, Finance Committee Republicans are all-in on the Tax Cuts and Jobs Act. Here’s a look at what they’re […]
New Analysis: Senate Tax Bill Delivers Strong Economic Growth
A new study by the Tax Foundation found the Senate Finance Committee’s proposal to overhaul the nation’s broken tax code would spur new job creation, boost wages for American workers, and expand the economy here at home. According to the analysis, the measure’s one-year delay on the corporate tax rate coupled with immediate expensing and […]
Hatch, Senate Republicans Make the Case for Tax Reform
SALT LAKE CITY — With congressional efforts to overhaul the nation’s broken tax code well underway, the Senate Finance Committee will begin its markup of the Tax Cuts and Jobs Act on Monday. This week, Committee Chairman Orrin Hatch (R-Utah) led a group of committee Republicans on the Senate floor to make the case for […]