Senator David Perdue (R-GA), a member of the Senate Budget Committee, released the following statement after he said the U.S. Senate "moved one step closer to fixing our tax code this year."
He said, “Changing our tax code for the first time in more than 30 years will increase wages for American workers and make us more competitive with the rest of the world.
These tax changes will also increase GDP growth, which is necessary to solve our current debt crisis. If the Senate does not act, the federal government is on track to add $11 trillion to the debt over the next 10 years.
"Approval from the Budget Committee today was one of the final steps needed to get this across the finish line. It is now critical for Republicans and Democrats to put aside any self-interests and operate with a sense of urgency to get these tax changes done now.”