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Ft Worth Times

Monday, May 6, 2024

Granger Supports H.R. 7024, Tax Relief for American Families and Workers Act of 2024

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Representative Kay Granger | Official U.S. House headshot

Representative Kay Granger | Official U.S. House headshot

WASHINGTON– Rep. Kay Granger (R-TX), Chairwoman of the House Appropriations Committee, expressed her support for H.R. 7024, the Tax Relief for American Families and Workers Act of 2024. In a statement, Granger highlighted the benefits of this legislation for hard-working Texas families, workers, and job creators.

Granger emphasized that this tax package builds upon the 2017 tax reform legislation, aiming to reduce bureaucracy and stimulate job creation. She stated, "This tax package builds on our landmark 2017 tax reform legislation, cutting red tape and spurring job creation that will help ignite the engine of growth we so desperately need."

Furthermore, Granger highlighted specific provisions in the bill that would support American companies and communities. She mentioned that the legislation restores domestic research and development initiatives to ensure American companies can compete with China. Granger also highlighted the resolution of tax matters between the U.S. and Taiwan, which is particularly important for the semiconductor industry in Texas. Additionally, the bill includes measures to assist communities in rebuilding after recent natural disasters, all while saving over $70 billion in taxpayer dollars.

Granger did not shy away from expressing her concerns about the current state of the economy under the Biden administration. She stated, "Unfortunately, Americans continue to feel the burden of Bidenomics, which has driven up the price of everyday costs like groceries, gas, and rent." However, she remained committed to supporting legislation that allows American taxpayers to retain more of their hard-earned money.

Granger concluded her statement by urging her Senate colleagues to pass the bill and calling on President Biden to sign it into law. She said, "As I have in the past, I will continue to support legislation that allows the American taxpayer to keep more of their hard-earned money. I encourage my Senate colleagues to pass this bill and for President Biden to sign it into law."

In summary, Rep. Kay Granger expressed her support for H.R. 7024, the Tax Relief for American Families and Workers Act of 2024. She highlighted the benefits of the bill for Texas families, workers, and job creators, as well as its potential to stimulate economic growth. Granger also emphasized the importance of supporting American companies, resolving tax matters, and aiding communities in need. While acknowledging the challenges posed by the current economic situation, she remained committed to advocating for tax relief for American taxpayers.

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