Policy and Legal
Manufacturers: Bipartisan DOMINANCE Act Will Counter China’s Grip on Critical Minerals
Washington, D.C. – Following House passage of the bipartisan Developing Overseas Mineral Investments and New Allied Networks for Critical Energies (DOMINANCE) Act, National Association of Manufacturers President and CEO Jay Timmons released the following statement: “China’s dominance of critical mineral supply chains poses a growing threat to America’s manufacturing competitiveness, economic security and technological leadership—at …
Tax Q&A with Rep. Nathaniel Moran (R-TX)
NAM: Rep. Moran, H.R. 1 created a new deduction for qualified overtime compensation, available through 2028. Manufacturing is one of the sectors where overtime is most prevalent—production demands, shift scheduling and seasonal surges mean manufacturing workers regularly put in hours well beyond 40 per week. What does this deduction mean specifically for manufacturing workers, and …
Manufacturers: BUILD America 250 Act a Down Payment on Nation’s Future Growth
Washington, D.C. – Following the successful vote in the House Transportation and Infrastructure Committee to advance the bipartisan BUILD America 250 Act, National Association of Manufacturers Executive Vice President Erin Streeter released the following statement: “Chairman Graves, Ranking Member Larsen and the full T&I Committee have offered a down payment on America’s future growth with …
Tax Q&A with Rep. Kevin Hern (R-OK)
Question 1: Rep. Hern, H.R. 1 made permanent the international tax framework established by the Tax Cuts and Jobs Act—including the GILTI, FDII and BEAT regimes—with targeted adjustments to each. These changes were important for manufacturers with global operations, supporting their ability to compete permanently. As the leader of the Global Competitiveness Tax Team, what …
Manufacturers Welcome Release of Robust, Bipartisan Infrastructure Funding Bill
Washington, D.C. – Following the release of surface transportation reauthorization bill text by House Transportation and Infrastructure Committee Chairman Sam Graves and Ranking Member Rick Larsen, NAM Executive Vice President Erin Streeter released the following statement: “Chairman Graves and Ranking Member Larsen understand the importance of modern, reliable infrastructure to strengthening manufacturing in the United …
Manufacturers: USMCA Supports Millions of American Jobs
Manufacturers’ Stories Highlight Advantages of Landmark Trade Agreement, Illustrate the Need for Improvements Ahead of North American Manufacturing Conference Washington, D.C. – As manufacturers, policymakers, congressional leaders and business leaders across North America convene in Washington, D.C., for the North American Manufacturing Conference today, a
Q&A with Rep. Carol Miller on Tax Certainty
NAM: Rep. Miller, H.R. 1 has been signed into law, preserving the 21% corporate tax rate established by the 2017 Tax Cuts and Jobs Act. As the leader of the House Ways and Means Supply Chain Tax Team leading up to the bill’s passage, what does preserving this rate on a permanent basis mean for …
