Beth Van Duyne: “Over the past 2 years, my colleagues and I on the Ways and Means Committee have traveled around the country, listening…”

“Over the past 2 years, my colleagues and I on the Ways and Means Committee have traveled around the country, listening to working families, small business owners, and job creators. North Texans have been very clear: They want relief, certainty, and a tax code that works for them, not against them. Last week, we delivered. The bill that we passed out of committee reflects the real needs of our communities and the promises that we made to the American people. It is a strong, commonsense compromise that builds on the success of the 2017 Tax Cuts and Jobs Act. This bill expands the child tax credit, makes the small business deduction permanent, and boosts the standard deduction with a new enhancement for seniors. It restores immediate expensing for R&D and increases access to tax-free health savings accounts. In short, this one big, beautiful bill stops the largest tax increase in American history and delivers historic tax relief instead. I look forward to its swift passage and to President Trump signing it into law.”