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For Immediate Release
July 27, 2017
ABA Media Contact: Blair Bernstein
(202) 663-5468
Follow us on Twitter: @ABABankers

ABA Applauds Joint Effort by Congress and Administration to Advance Tax Reform

By Rob Nichols, ABA president and CEO

​     "We appreciate the commitment expressed today by Congress and the administration to move forward with the difficult but critically important task of reforming our nation’s tax code.
     "ABA strongly supports tax reform that boosts economic growth and creates jobs by lowering tax rates for everyone and broadening the tax base in a manner that avoids picking winners and losers. We look forward to working with policymakers on a plan that abides by these and other core principles.
     "Comprehensive tax reform has the power to contribute to the financial success of America’s families, businesses and communities, and the nation’s banks stand ready to support its enactment."
The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $13 trillion in deposits and extend more than $9 trillion in loans.