NAM Statement on House Passage of the Tax Cuts and Jobs Act

Timmons Reiterates Call for Regular Review of Nation’s Tax Code

Washington, D.C. – National Association of Manufacturers (NAM) President and CEO Jay Timmons released the following statement after the U.S. House of Representatives passed the Conference Report to H.R. 1, the Tax Cuts and Jobs Act:

“The House has voted in support of the American manufacturing worker. Now it’s up to the Senate to get this critical legislation to President Trump’s desk. We are on the cusp of something historic in America—boosting manufacturers’ competitiveness, giving working families a raise and strengthening our economy,” said Timmons.

“Even if the legislation isn’t perfect, it lays the foundation for a more competitive American economy. And manufacturers will continue to work over the coming years to advance additional reforms. We have also called on the federal government to study the American tax code every three years to see how it stacks up to the rest of the world and how we can further improve it. Over and over in our quarterly survey, manufacturers have spoken clearly: tax reform will mean more investment, more jobs and bigger paychecks. So, manufacturers call on our senators to continue standing with us and with working families and vote ‘yes.’”

On Monday, the NAM announced it would key-vote House passage of the Conference Report. The key-vote letter is available here. More information on the latest Manufacturers’ Outlook Survey is available here.

-NAM-


The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.17 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org..

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