Washington, D.C.–Congressman Dan Lungren (R-Gold River-CA) issued the following statement after Congress voted - in a bipartisan manner - for H.R. 674. This bill would prevent a three percent withholding tax that would have been yet another burden on our economy. Under this withholding, federal, state and many local governments will be required to withhold three percent of all government payments made to contractors and suppliers.
“I am continuing to support legislation that helps create an environment that will assist businesses to hire more people. Americans are struggling to find work and it is paramount that Congress takes the necessary steps to restore certainty and place the country on a path to economic growth.
“As of now our House Republican Plan for America’s Job Creators has sent the Senate over 10 pro growth jobs bills. H.R. 674, which is supported by the President, now heads to the Senate. I hope they will quickly act- as we have - and pass this bill. We owe it to the American people.”
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