U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley issued a statement following the Senate's approval of a budget resolution aimed at extending the pro-growth provisions in the 2017 Tax Cuts and Jobs Act (TCJA).
Bradley remarked, "Today’s vote is a significant step towards preserving our now competitive tax system and unleashing the economic growth and opportunity Americans want and the U.S. deserves." He further urged the House to act swiftly to ensure permanent tax relief that would foster innovation and investment.
The Chamber has been advocating for Congress to adopt a current-policy baseline, which would provide lasting tax relief for American families and employers. This position is supported by Senate Finance Committee Chairman Mike Crapo (R-ID), as highlighted during the Chamber’s 2025 Tax Policy Summit.
A recent survey conducted for the U.S. Chamber indicates that most voters favor making tax relief permanent, with many Americans more inclined to support candidates who advocate for such measures. In February, nearly 500 state and local chambers of commerce, along with national trade associations from all 50 states, joined the Chamber in urging Congress to extend TCJA's pro-growth tax reforms permanently.
The TCJA has enabled businesses nationwide to hire more employees, increase wages, expand operations, innovate, and invest in infrastructure. Brendan McCluskey of Trident Builders noted that "the 20% pass-through basically levels the playing field for us," while Victoria Thomas of Kellymoss said that "the 2017 tax reforms allowed us to reinvest more aggressively into our operations."
Karen Olson Beenken from The Blue Rock Companies shared how a competitive tax code allowed her business to contribute more significantly to local healthcare initiatives and improve employee benefits.
The U.S. Chamber continues to emphasize the positive impacts of TCJA on businesses through discussions between lawmakers and local business leaders about extending these beneficial tax provisions.
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