WASHINGTON, DC – U.S. Senator Richard Shelby (R-Ala.) today voted to support the Senate’s tax reform package – the “Tax Cuts and Jobs Act” – which was passed in the Senate by a vote of 51 to 49. The legislation is now expected to be conferenced with the House of Representatives tax reform bill.

“The Senate today passed legislation to deliver pro-growth tax relief for the American people.  This is a bill that, if signed into law, will positively impact current and future generations by expanding economic opportunities and lowering taxes for the middle-class.  Reducing rates and reforming our tax code will not only put more money in the pockets of hardworking Americans, but it will also allow businesses to create jobs and increase wages.

“Tax reform is one of the most important things we can do to help middle-class families.  This is Congress’s opportunity to change Americans’ lives for the better, and I am proud to support these efforts.”

 The Senate Finance Committee held dozens of hearings and collected input from numerous Senators as Committee members worked to write the initial tax reform proposal.  All Senators were given the opportunity to put forward their own suggestions and principles in the open process in efforts to improve the bill.  A variety of amendments to the bill were also considered on the Senate floor prior to its passage.

 

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