Manufacturers recently voiced their support for the One Big Beautiful Bill Act during field hearings held by the House Ways and Means Committee. The hearings took place over two days, with testimony from industry leaders highlighting the bill's pro-growth tax provisions.
On Friday, Austin Robinson, Director of Manufacturing at Click Bond, testified in Las Vegas, Nevada. On Saturday, Jay Timmons, President and CEO of the National Association of Manufacturers (NAM), along with William Fulton, Vice President of Business Development at Robinson Helicopter Company, spoke at the Ronald Reagan Presidential Library in Simi Valley, California.
Timmons emphasized the significance of the legislation for manufacturers: "This is a manufacturers’ law, through and through. By making immediate R&D expensing, full expensing of capital equipment and interest deductibility permanent, this Manufacturing Law delivers for investment and innovation."
Fulton highlighted how the bill supports Robinson Helicopter's growth: "Many of our employees come from families who have worked at Robinson Helicopter across multiple generations...the One Big Beautiful Bill Act supports by driving our ability to accelerate domestic investment, expansion and growth."
Robinson also noted that "The One Big Beautiful Bill’s impacts on manufacturing workers [are] substantial," as it protects them from tax hikes and provides cuts via no tax on overtime.
Timmons further said that this tax law is a unique opportunity: "Manufacturers have been given an incredible opportunity with this tax law...allowing us to attract investment to our shores."
The hearings underscored the bill's potential to enhance competitiveness and drive economic growth within the manufacturing sector.
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