Release Date: May 23, 2001Contact: 888-249-NEWS


U.S. Chamber Welcomes Senate Action on Tax Cut

WASHINGTON, D.C. – The United States Chamber of Commerce welcomed today's Senate vote to pass a tax cut package that will help provide a stimulus to a currently sluggish economy.

"Getting the biggest possible bang from a tax cut – as quickly as possible – will help recharge our economy," said Thomas Donohue, Chamber President and CEO. "Moving money into the hands of consumers, and away from increased government spending, is always a top business priority."

The Chamber lobbied for the largest possible across-the-board rate reduction, full repeal of the death tax, and pension reform that allows workers to save more of their earnings. Nearly 200 delegates from chambers of commerce around the country were on Capitol Hill today, urging lawmakers to support pro-business legislation, such as the tax cut package.

"We will take our case to the Conference Committee members – the largest possible rate reduction helps individuals and many small businesses that file as individuals," Donohue said. "We will pull out the stops to ensure the final bill includes rate reduction, an end to the death tax and pension reform. The Chamber's grassroots network reaches into every congressional district and cuts across political lines."

The Chamber's Grassroots Action Information Network – or GAIN – motivates tens of thousands of businesses across the country to phone, write or lobby their senators and representative. Chamber federation members and non-member supporters have also been urged to support Bush's tax proposals – effectively doubling the size of our grassroots network.

The U.S. Chamber of Commerce is the world's largest business federation representing more than three million businesses and organizations of every size, sector and region.

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