Washington - Business Roundtable released the following statement after Congress passed the budget reconciliation bill:
“The passage of this legislation marks a significant step toward economic stability and a pro-growth future,” said Business Roundtable Chair Chuck Robbins, Chair and Chief Executive Officer of Cisco. “The efforts by Congress and the White House have set the stage for continued domestic innovation, a stronger position for U.S. companies to compete and lead in the global marketplace, and greater certainty — allowing American businesses to better plan, invest and build for the future. Business Roundtable thanks President Trump, Majority Leader Thune and Speaker Johnson for their leadership in advancing this critical legislation.”
“Business Roundtable commends Congress and President Trump for delivering a monumental victory that unlocks a more prosperous economic environment for American businesses, workers and families,” said Business Roundtable CEO Joshua Bolten. “By maintaining a competitive corporate tax rate and making key pro-growth domestic and international tax provisions permanent, this landmark legislation will help fuel U.S. investment, innovation and economic growth for years to come. American workers and families will directly benefit — from increased job opportunities to higher wages and household income.”
Bolten continued, “In the months ahead, Business Roundtable stands ready to work with Congress and the Administration on policies that further strengthen America’s economy and global competitiveness.”