The NAM is calling on policymakers to provide much-needed tax fixes that were not included in the omnibus spending package. These include reversing a tax change that would make R&D much more expensive for manufacturers, hampering their ability to invest and grow.

What we’re saying: “Congress’ failure to reverse tax policies that make it more costly to perform research, buy machinery and finance job-creating investments has put hundreds of thousands of American jobs and manufacturing competitiveness at risk,” said NAM President and CEO Jay Timmons in a statement.

  • “Despite overwhelming support for addressing these issues, Congress’ inaction will now undercut small manufacturers’ ability to invest in their workers, facilities and communities.”

Small manufacturers at risk: Ketchie President and Owner and Incoming Chair of the NAM Small and Medium Manufacturers Group Courtney Silver recently highlighted that congressional action on these tax priorities will help prevent small manufacturers from feeling “stuck between a rock and a hard place.”