November 16, 2017

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Congress Takes Major Step in Moving Tax Reform to President’s Desk

The status quo is 2% economic growth and static wages. Today’s action by the House is a major step forward to delivering meaningful tax reform to the American people.

Congress Takes Major Step in Moving Tax Reform to President’s Desk
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Congress Takes Major Step in Moving Tax Reform to President’s Desk

FSR urges Senate to keep tax reform moving forward  

 

WASHINGTON – The Financial Services Roundtable (FSR) strongly supports tax reform and is encouraged by action in the House to move tax reform forward.

“The status quo is 2% economic growth and static wages. Today’s action by the House is a major step forward to delivering meaningful tax reform to the American people,” said FSR CEO Tim Pawlenty.

FSR commends the work of Speaker Ryan, Chairman Kevin Brady and other leaders of the House who have worked to move forward a pro-growth tax plan. While there are areas of the bill that need refinement as it works its way through the legislative process, FSR is committed to achieving a successful outcome that will drive more jobs, and more investment that benefits American families and businesses.

FSR CEO Pawlenty outlined the importance of business and individual tax reform in an op-ed for the Hill. A recent FSR/Morning Consult poll showed three in four voters (73%) say passing a tax reform bill should be a top or important priority for Congress and nearly nine in ten (87%) say it’s important to simplify the U.S. tax system. View more poll highlights here.

 

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About The Author

The Financial Services Roundtable represents the largest integrated financial services companies providing banking, insurance, payment and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO. FSR member companies provide fuel for America’s economic engine, accounting for $92.7 trillion in managed assets, $1.2 trillion in revenue, and 2.3 million jobs.

Follow @FSR