Walorski Applauds Passage of Budget That Clears Path for Tax Reform

Thursday, October 26, 2017

Walorski Applauds Passage of Budget That Clears Path for Tax Reform

Pro-Growth Tax Reform Bill to Be Introduced Next Week After House Votes to Move Toward Historic Tax Code Overhaul

WASHINGTON – U.S. Rep. Jackie Walorski (R-Ind.) today released the following statement after passage of the fiscal year 2018 budget resolution that clears the path for tax reform:

“Today’s vote was a major step toward fixing our broken tax code and lowering tax rates for American families and businesses. We are ready to move forward with pro-growth tax reform that lets middle-class families keep more of the money they earn and helps businesses expand, invest, and hire more workers. Hardworking Hoosiers deserve a tax code that works for them, and that’s what Congress and President Trump are going to deliver with tax reform.”

BACKGROUND

The House passed the FY18 Budget Resolution by a vote of 216 to 212. The resolution includes reconciliation instructions to the House Ways and Means Committee, of which Walorski is a member, to facilitate passage of tax reform legislation. That legislation is set to be introduced on November 1, and the committee will consider the bill in a markup the week of November 6.

The Trump administration, House Ways and Means Committee, and Senate Finance Committee recently announced a unified framework for pro-growth tax reform. Walorski joined President Trump in Indianapolis for his announcement of the framework, which serves as a template for legislation to simplify and modernize the tax code, provide tax relief to middle class families and small businesses, boost job creation, and make the U.S. more competitive in the global economy.

Walorski represents the 2nd Congressional District of Indiana, serving as a member of the House Ways and Means Committee.

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