Press Releases

Washington, D.C. ­– Congressman Nathaniel Moran (R-TX-01) and fellow Republicans on the House Ways and Means Committee voted today to advance their portion of the “One, Big, Beautiful Bill” after more than 17 hours of deliberation. This bill cuts taxes for individuals and businesses—protecting working Americans’ paychecks, reducing the burden of childcare and healthcare costs, and supporting small businesses—all in a united effort to strengthen the American dream.

Watch Congressman Moran’s Full Remarks HERE

At its core, this bill aims to be broad-based and to increase the liberty of every American by reducing taxation,” said Congressman Moran. “That’s the goal of the ‘One, Big, Beautiful Bill’ we’re advancing today—because when the tax rate goes down, liberty goes up for every American.”

For the past two years, House Republicans on the Ways and Means Committee have travelled across the country meeting with small business owners, farmers and ranchers, working families, and everyday Americans to ensure their voices are reflected in this legislation. That work culminated this week in the Committee’s markup of key tax provisions that will strengthen the backbone of America: working families, small businesses, and rural communities.

Congressman Moran also praised Ways and Means Chairman Jason Smith (R-MO-08) for his leadership on the Committee and his close collaboration with President Trump to align conservative tax policy with the America First agenda.

What’s at Stake for TX-01 if the Trump Tax Cuts Expire:

• The average TX-01 taxpayer would face a 24% tax hike if the Trump Tax Cuts expire at the end of 2025
• A family of four earning the median income of $62,182 would see a $1,142 tax increase—the equivalent of six weeks of groceries
• 83,600 TX-01 families would see their Child Tax Credit cut in half
• 93% of TX-01 taxpayers would lose half of their Guaranteed Deduction
• 41,330 small businesses would be hit with a 43.4% tax rate if the Section 199A small business deduction expires
• 12,193 family-owned farms would see their death tax exemption slashed in half
• 5,558 TX-01 taxpayers would again be impacted by the Alternative Minimum Tax
  
  

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