Shop floor manufacturers and NAM staff met with members of Congress on Capitol Hill to hammer home the importance of making the 2017 tax reforms permanent and getting a comprehensive reconciliation bill done now. House and Senate Republicans are working on a strategy for a tax package as part of a reconciliation bill that includes extending the 2017 Tax Cuts and Jobs Act.
Why this is a critical moment: When the 2017 tax cuts were signed into law, “it was rocket fuel for manufacturing in America and made the U.S. economy more competitive on a global scale,” said NAM President and CEO Jay Timmons earlier this month.