In the News

WASHINGTON — Today, Majority Whip Tom Emmer (R-Minn.) joined Mornings with Maria on Fox Business alongside National Association of Manufacturers President and CEO Jay Timmons to preview the “Invest in America” roundtable to be hosted by Whip Emmer later today. The two discussed the importance of continuing the 2017 Trump tax cuts through the reconciliation process in Congress. Today’s roundtable will be centered around the same topic and will feature U.S. Secretary Scott Bessent.

Click here or above to watch the clip.

Whip Emmer on the status of the budget resolution:

“It’s important to get this done right now to stay on track with Mike Johnson’s directive to get a bill to the president’s desk by Memorial Day. Don’t underestimate us. We did this with the budget resolution. We did this with the continuing resolution, which took care of the budget until September. You had a lot of people out there with election certificates complaining they didn’t like this, they didn’t like that, they weren’t going to do this, they were never going to do that—people have to work it out. It’s an emotional process. As we go through it, failure is not an option. We’ll get it done this week.”

Whip Emmer on the importance of the 2017 Trump tax cuts:

“The tax bill that was passed and signed into law back in December of 2017 commonly referred to as the Tax Cuts and Jobs Act, Maria, that bill actually benefited every American who made $10,000 or more. It is imperative that this get established as a permanent tax code here in the United States so that everyone can get that benefit. If we don’t, we’re going to look at a $4-5 trillion tax increase. That’s the challenge that our members are faced with who are having this discussion about do you pay for them, are you just continuing current policy baseline, et cetera. At the end of the day, this is preventing the largest tax increase in the history of this country.”

Whip Emmer on tariffs and tax policy as critical parts of President Trump's economic strategy:

“This is what Donald Trump has been talking about for 30 years and this is what he campaigned on. It’s about making America great again, and not just about making sure that everybody has the great standard of living that we are accustomed to. More importantly, that our children can have that and more. It’s about making sure that you protect our borders, you protect our interests, you protect the homeland—and that’s exactly what Donald Trump is doing. But keep in mind, this is a multipronged strategy. Tariffs are one thing but continuing the tax policy that’s been in place for the last seven years is probably the most important part of the equation.”

Mr. Timmons on the consequences of not continuing the Trump tax cuts:

 “Look, if we don’t get these things done, businesses in America are not going to invest. It is so critical that we get this done and when you’re talking about higher taxes on individuals, Maria, as some people are suggesting, what you’re talking about is the 90% of members of the national association of manufacturers, we’ve got 14,000 members who are small businesses, who are family owned. That is what will get hit the worst—small businesses. And we don’t want to see that happen. We want to keep growing manufacturing investment here in the country. We want to keep providing jobs, and if we don’t get the tax package across, we’re talking about 6 million jobs lost in the economy and you’re talking about a huge hit on manufacturing investment.”

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