Mr. President, earlier this month, the Senate Budget Committee took an important first step toward tax reform by approving a fiscal year 2018 budget resolution focused on growing America's economy through tax policies that put more money in the hands of hard-working Americans. This week, we take the next step as the Senate begins debating the budget blueprint to pursue long-overdue tax relief for families and job creators that will jump-start economic growth. It is crucial that Congress approve this fiscal framework in order to eliminate the dated and stifling tax policies that are holding back American investment and productivity. As Budget Committee chairman, I am proud that Congress and the President are tackling these important issues. After 8 years of stagnant growth, it is clear our Nation needs a simpler, fairer, and more transparent tax system that will leave more dollars in the pockets of hard-working families. The last time Congress was able to accomplish large-scale tax reform was in 1986. Just think how much has changed in the country and world in those 31 years, including our Tax Code. America's tax laws are incredibly complicated and work to slow our economy and hurt American families. Incredibly, our current tax system actually benefits foreign- based companies while harming U.S.-headquartered companies and employers. We continually ask why jobs are leaving this country. A big reason is the hostile tax landscape.…
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