The tax reform that Congress passes now will affect our economy for decades to come. The last time Congress passed tax reform was 36 years ago — more than a generation. …

As lawmakers look for ways to finance a lower corporate tax rate, some are considering capping the deductibility of interest for businesses. This would be a mistake. Interest deductibility (ID) has been a staple of the modern U.S. tax code since its inception more than 100 years ago. Businesses large…

In 1956, the interstate highway bill, one of the largest public works projects in American history was signed into law. At the time, the system carried roughly 65 million cars and trucks. Today, that number has more than quadrupled to over 260 million. The increase in traffic borne by our…

Credit plays a key role in operational and strategic initiatives for U.S. manufacturing companies, and the ability to deduct interest expense ensures that steady access to affordable investment capital. Proposals to limit or eliminate interest deductibility (ID) would have a negative impact on the industry, hurting U.S. …

This week, President Trump is engaging with executives, mayors, and community leaders to discuss America’s much-needed investment in roads, railways, waterways, and other major infrastructure projects. With over $4.6 trillion needed by 2022 just to get our infrastructure to a “B Grade,” President Trump’s proposed $1 trillion plan is an…

The following is an open letter by the BUILD Coalition on behalf of its members — The BUILD Coalition stands for Businesses United for Interest and Loan Deductibility. Our members represent industries throughout the economy, including agriculture, manufacturing, retail, and telecommunications. The coalition is committed to pro-growth tax reform. …

As House Ways and Means Committee Republicans enter the second day of their two-day retreat to discuss how to align their tax plan with the White House’s principles, they must remember the role interest deductibility (ID) plays in facilitating business growth. The stated goal of the tax reform effort is…

U.S. economic activity increased between mid-February and the end of March, maintaining the modest to moderate pace seen so far in 2017, according to a report released on Wednesday by the Federal Reserve. The April edition of the ‘Beige Book’, the central bank’s survey of business conditions in its 12…

The BUILD Coalition has long warned about the severe impact on businesses of all sizes and from all sectors if the business interest deduction (ID) is eliminated. Lawmakers’ growing concerns with the idea was apparent during a recent House Agriculture Committee hearing on tax reform. Credit financing plays a key role in agriculture — supporting daily operations, covering production inputs for future seasons, and providing a buffer to cash shortfalls throughout the year. As a legitimate business expense, interest paid on these loans is deductible.