On the recordJanuary 31, 2024
Mr. Speaker, as a result of President Trump's tax reform, our economy was strong, wages were up, unemployment was at all-time lows. We have a critical tax cliff fast approaching at the end of 2025--just 20 months from now--with the majority of President Trump's progrowth policies expiring. Extending these expired provisions is not just an economic issue, one could argue this is a national security issue. Mr. Speaker, we can't expect to compete with China when it is more expensive to invest, innovate, and grow here in the United States. I urge all of my colleagues to support this bill, which extends President Trump's progrowth policy agenda and increases U.S. competitiveness and resilience against China's economic influence.
Source
govinfo.gov
