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Key Vote Alert! Final Passage of H.R. 1, the "Tax Cuts and Jobs Act"
TO THE MEMBERS OF THE UNITED STATES CONGRESS:
The U.S. Chamber of Commerce urges Congress to complete its final step to enact comprehensive, pro-growth tax reform legislation and pass the conference report to accompany H.R. 1, the Tax Cuts and Jobs Act. The Chamber will include votes related to this legislation in our How They Voted scorecard.
By passing the conference report, Congress would unleash resources for businesses large and small to hire new workers, expand facilities, and purchase new equipment. Bringing about tax reform would help ensure that these investments are made here in the United States, and these investments would lead to higher wages and catalyze broad economic growth.
Moreover, H.R. 1 would provide additional growth by allowing for environmentally-sensitive oil and gas production in an area in northern Alaska set aside by Congress for energy exploration in 1980.
The Chamber applauds the work of the conferees for reporting a strong pro-growth tax reform bill. The members of the Finance and Ways and Means Committees from this and previous congresses also deserve much credit for their work during this multi-year effort.
Tax reform is a big engine that will power a growing economy for years to come. Only one step remains for Congress to keep its commitment to approving pro-growth, comprehensive tax reform legislation.
Suzanne P. Clark
Senior Executive Vice President