A top House GOP leader is pushing for Congress to extend the president’s 2017 tax cuts, which he says is the next "top priority" for Republicans. (Kevin Dietsch/Getty Images | Vincent Alban/Bloomberg via Getty Images | Fox News Digital)
Emmer’s office told Fox News Digital that the roundtable will be centered on the importance of Congress preserving the 2017 tax cuts through reconciliation.
Reconciliation is a way to fast-track legislation on issues like taxes, the debt limit and federal spending by bypassing the Senate’s 60-vote threshold for passage, instead lowering it to a simple 51-vote majority.
"Following Liberation Day, there is a hunger for even more action to put American workers, businesses and production first," a representative for Emmer said in a statement. "Continuing the Trump tax cuts does that, and this discussion will display the urgency and importance of getting it done."
There are key aspects of the 2017 tax cuts related to manufacturing that are set to sunset at the end of the year. Emmer believes that if that happens it would result in the "largest tax hike in American history."
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President Donald Trump sits down with Fox News anchor Bret Baier for an interview. (Fox News/Special Report)
"Current economic conditions make renewal of the 2017 tax reforms even more urgent," said Timmons. "Passage of the original law ignited job creation, wage growth and investment across the country. And as a result, manufacturers kept our promises by expanding operations, boosting wages and benefits and hiring at record levels. But now key provisions have already expired, and others are set to lapse at the end of this year."
"It is past time to make these reforms permanent and more competitive," he added. "When manufacturing wins, America wins."
For his part, Emmer told Fox News Digital that extending the tax reforms is a "top priority for House Republicans, the Trump administration, and American manufacturers alike."
"The American people are hungry for an economic boom that is already underway," he said. "But [it] will only be fully realized if Congress acts to continue the 2017 Trump tax cuts through reconciliation."
Treasury Secretary Scott Bessent departs following the tariff announcement in the Rose Garden of the White House on Wednesday, April 2, 2025. (Jim Lo Scalzo/EPA/Bloomberg via Getty Images)
Meanwhile, Bessent told Fox News Digital that "making President Trump’s Tax Cuts and Jobs Act permanent will help to secure the stable business environment that investors are seeking."
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"Stability in tax policy fosters certainty, and extending the TCJA will drive growth and managements, investment, and hiring as we enter America’s new economic golden age," he went on, adding, "I look forward to continuing this important conversation with Majority Whip Emmer and members of Congress to deliver on these important reforms for the American people."
Peter Pinedo is a politics writer for Fox News Digital.
https://www.foxnews.com/politics/exclusive-trump-tax-cuts-top-priority-congress-says-top-house-gop-leader