Washington – Global Chairman and CEO of EY and Chair of the Business Roundtable Tax and Fiscal Policy Committee Mark A. Weinberger issued the following statement today applauding Congress and the Administration for reaching a major agreement on the expired tax provisions and certain health-related tax policy changes, and urging immediate action.

“Congress and the Administration demonstrated bipartisan leadership in reaching agreement on a deal that will create the kind of long-term certainty that encourages investment, innovation, economic growth and jobs.

“The importance of this agreement, which includes permanent tax extenders, cannot be overstated. We strongly urge immediate action on this package. 

“Congress has also wisely proposed delaying the medical device tax. Taxing these devices only increases costs and discourages investment.”

In December, Mark Weinberger sent letters to the Administration and Congress calling for action on the more than 50 expired tax provisions. Learn more about Business Roundtable positions on tax and fiscal policy here and the 2015 growth agenda here.