Wednesday, October 4, 2017

Budget Committee Begins Work to Advance Tax Reform

Washington, D.C. - October 4, 2017 (The Ponder News) -- On the Senate floor, U.S. Senator John Cornyn (R-TX) discussed the Senate Budget Committee’s mark-up of the Budget Resolution for Fiscal Year 2018 which will lay the foundation for tax reform. Excerpts of Sen. Cornyn’s remarks are below, and video of his remarks can be found here.

“Beginning today, the Senate Budget Committee will take the next step in our effort to enact pro-growth tax reform, this time by marking up a budget resolution. The Committee's work follows the release last week of our unified framework, the tax blueprint on how to create jobs and how to put more money back in the pockets of the hardworking Americans that earn it.”

“The best way to accomplish meaningful tax reform is to lower rates and simplify provisions across the board to give Americans more take-home pay and have to spend less time hiring somebody just to complete their tax return. We can't simply throw up our hands and do nothing and accept the status quo because American workers and job creators can't afford the status quo. I'm optimistic… about the framework and look forward to working with my colleagues in the Finance Committee in the days and weeks ahead.”

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