WASHINGTON – Advancing American Freedom President Tim Chapman made the following statement after the Senate Finance Committee released new text for the One Big Beautiful Bill –
“The Senate has built on the House’s strong start to renew the Trump tax cuts. Now Congress must continue to refine this package and send it to President Trump’s desk. Otherwise, American families will see a devastating $2,000 increase on their taxes next year. Let’s get this done and prevent the largest tax hike in American history.”
In a letter last week, Chapman called on Republican Senators to swiftly pass the One, Big, Beautiful Bill and urged improvements to the bill by lowering the corporate tax rate; eliminating the State and Local Tax (SALT) deduction entirely; instituting full, immediate, and permanent expensing; ending all Green New Deal subsidies; and stripping the debt limit language out of the bill. The current Senate version of the bill reflects encouraging progress on many of these provisions, despite exacerbating AAF’s concerns about the debt limit and Green New Deal subsidies.
In May, Advancing American Freedom launched a slate of ads urging Congress to pass President Trump’s One Big Beautiful Bill as part of its $10 million nationwide grassroots campaign to renew the Trump tax cuts. AAF’s ad campaign warns that if Congress fails to send the package to the president’s desk this year, American households will suffer a $2,100 tax increase on average.
Advancing American Freedom is a nonprofit organization dedicated to developing and advancing conservative policy solutions and principles that improve the lives of all Americans. For media requests, please reach out to press@advancingamericanfreedom.com.
