Washington - Business Roundtable President & COO Kristen Silverberg released the following statement on the Senate’s fiscal year (FY) 2025 budget resolution with reconciliation instructions to extend and strengthen the Tax Cuts and Jobs Act (TCJA):

“Business Roundtable applauds the Senate for advancing an FY 2025 budget resolution. Today’s vote marks important progress in protecting and boosting the economic benefits that TCJA delivered for American businesses, workers and families. 

“With a lot of work remaining to prevent most of TCJA’s reforms from expiring, there’s no time to spare in extending and strengthening President Trump’s historic tax reform. We urge Senators to take the next step toward sending a comprehensive, pro-growth tax package to the President’s desk by passing the budget resolution.”