October 19, 2017

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TechNet Praises Senate Passage of Budget as “Major Milestone” for Tax Reform

Washington, D.C. — TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, today welcomed Senate passage of a budget resolution for fiscal year 2018 as another important step toward passing tax reform legislation later this year.  The Senate resolution contains reconciliation instructions that will allow the Senate to pass tax reform legislation with a simple majority.  The following statement can be attributed to Linda Moore, President and CEO of TechNet:

“Passing a budget in the Senate is a major milestone on the road to tax reform.  Once a final budget is approved, it will allow Congress to finally move ahead with a pro-growth tax reform package that provides a major boost to our economy, drives a new wave of innovation and investment, boosts workers’ paychecks, and makes our nation more competitive globally. 

“TechNet will continue working with the White House and members of Congress on both sides of the aisle to see that tax reform legislation is developed, approved, and signed into law.”

Last month, the San Francisco Chronicle published an op-ed by Linda Moore on the need to pass meaningful tax reform.

About TechNet

TechNet is the national, bipartisan network of technology CEOs and senior executives that promotes the growth of the innovation economy by advocating a targeted policy agenda at the federal and 50-state level.  TechNet’s diverse membership includes dynamic startups and the most iconic companies on the planet and represents more than 2.7 million employees in the fields of information technology, e-commerce, the sharing and gig economies, advanced energy, biotechnology, venture capital, and finance.  TechNet has offices in Washington, D.C., Silicon Valley, San Francisco, Sacramento, Austin, Boston, Olympia, Albany, and Tallahassee.

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