Jay Timmons, president and CEO of the National Association of Manufacturers, told Newsmax on Friday that Congress must “get off their backsides” and pass a bill to extend the 2017 tax cuts that start to expire this year.
President Donald Trump has repeatedly promised to resurrect the U.S. manufacturing industry through his use of wide-ranging tariffs on imports, but Timmons said on Newsmax’s “National Report” that in order to promote investment and job growth in the U.S. manufacturing industry, “you need several pieces of a strategy to fall into place,” including the 2017 Tax Cuts and Jobs Act, which has several provisions set to expire between 2025 and 2028 unless extended by Congress.
He noted that Trump addressed the organization’s board meeting during his election campaign last year, where he “talked about the importance of renewing those 2017 tax reforms,” describing them as “rocket fuel” for the manufacturing industry.
Read more at Newsmax© 2025 Newsmax. All rights reserved.
