Press Releases
Senator Scott Champions Permanent Repeal of the Death Tax
Friday | March 31, 2023Senator Tim Scott (R-S.C.) joined Senator John Thune (R-S.D.) and 40 of his Senate colleagues in reintroducing legislation to permanently repeal the federal estate tax, more commonly known as the death tax. The Death Tax Repeal Act would end this purely punitive tax that has the potential to hit family-run farms, ranches, and businesses as the result of the owner’s death.
… Continue ReadingScott, Lankford Invest in US Job Creators in Uncertain Economy
Friday | March 31, 2023Senator Tim Scott (R-S.C.) joined Senator James Lankford (R-Okla.) in introducing the Accelerate Long-term Investment Growth Now (ALIGN) Act, which would make permanent a provision in the 2017 Tax Cuts and Jobs Act (TCJA) that allowed businesses to fully expense new investments, such as machinery and equipment, in the year of purchase. The provision began to phase out in the federal tax code starting at the end of 2022 and expires at the end of 2026.
… Continue ReadingSenator Scott Challenges Biden Administration on WOTUS Rule
Wednesday | March 29, 2023Today, U.S. Senator Tim Scott (R-S.C.) challenged the Biden Administration’s Waters of the United States (WOTUS) rule by voting in favor of a Congressional Review Act (CRA) joint resolution of disapproval.
… Continue ReadingICYMI: Senator Scott Celebrated HBCUs’ Role in Strengthening the Nation
Wednesday | March 29, 2023U.S. Senator Tim Scott (R-S.C.), co-chair of the bipartisan HBCU Caucus, hosted his Seventh Annual HBCU Fly-In to celebrate America’s more than 100 Historically Black Colleges and Universities. The event focused on recognizing the historical accomplishments of HBCUs, their immense contributions to the American economy and workforce, and ways to strengthen them for years to come.
… Continue ReadingScott, Cassidy, Cornyn, Ernst, Colleagues Introduce CRA to Overturn Biden’s Reckless Student Loan Schemes
Wednesday | March 29, 2023U.S. Senators Tim Scott (R-S.C.) and Bill Cassidy, M.D. (R-La.), ranking member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, along with Senators John Cornyn (R-Texas), Joni Ernst (R-Iowa), and 34 other Republican colleagues introduced a Congressional Review Act (CRA) resolution to overturn President Biden’s student loan cancelation scheme, which would transfer up to $20,000 in student loan debt per borrower onto taxpayers, costing an estimated $400 billion. The CRA would also end the pause on student loan payments, which will have cost Americans a total of $195 billion by the time the most recent Biden extension is set to expire in August of 2023.
… Continue ReadingScott, Lankford Challenge Biden’s Unconstitutional Attack Against Religious Student Groups
Wednesday | March 29, 2023Senators Tim Scott (R-S.C.) and James Lankford (R-Okla.) along with Congressman Tim Walberg (R-Mich.) and their colleagues introduced the Equal Campus Access Act of 2023 to ensure that religious student organizations will not face discrimination on college campuses.
… Continue ReadingScott, Blackburn, Cassidy, Braun Introduce Bill to Stop Political Weaponization of National Labor Relations Board
Wednesday | March 29, 2023U.S. Senator Tim Scott (R-S.C.), along with Senators Marsha Blackburn (R-Tenn.), Bill Cassidy, M.D. (R-La.), and Mike Braun (R-Ind.), introduced the National Labor Relations Board (NLRB) Reform Act. This legislation would amend the National Labor Relations Act to return the NLRB to its intended purpose: an independent federal agency that acts as an impartial body in deciding cases related to the National Labor Relations Act.
… Continue ReadingSenator Scott Hosted 7th Annual HBCU Fly-in
Tuesday | March 28, 2023Today, U.S. Senator Tim Scott (R-S.C.), co-chair of the bipartisan HBCU Caucus, hosted his Seventh Annual HBCU Fly-In to celebrate America’s more than 100 Historically Black Colleges and Universities. The event focused on recognizing the historical accomplishments of HBCUs, their immense contributions to the American economy and workforce, and ways to strengthen them for years to come.
… Continue ReadingScott Slams Regulators for Supervisory Failures
Tuesday | March 28, 2023In his opening statement at today’s U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing, Ranking Member Tim Scott (R-S.C.) emphasized that the recent failures of Silicon Valley and Signature Banks were the result of bank mismanagement, supervisory neglect, and the Biden administration’s inflation crisis, which caused the need for rapid interest rate hikes.
… Continue ReadingMEDIA ADVISORY: Sen. Tim Scott to Host 7th Annual Historically Black Colleges and Universities Fly-In
Monday | March 27, 2023On Tuesday, U.S. Senator Tim Scott (R-S.C.), Congressional Historically Black Colleges and Universities (HBCU) Caucus co-chair, will host over 70 HBCU Presidents and Chancellors to celebrate the accomplishments and impacts of HBCUs throughout the nation. Senator Scott will be joined by Dr. Carla Hayden, Librarian of Congress; Dr. Harry L. Williams, President of the Thurgood Marshall College Fund; Congresswoman Alma Adams; Senator Tim Kaine; and other Members of Congress.
… Continue ReadingICYMI: Sen. Scott Slams China for Continued Aggression Towards US, Demands Biden Take Additional Action on Fox News’ The Story with Martha MacCallum
Friday | March 24, 2023Yesterday, U.S. Senator Tim Scott (R-S.C.) joined Fox News’ Martha MacCallum to discuss how we can protect Americans from the national security threat posed by the Chinese Communist Party, empower our students, end the fentanyl epidemic by closing our porous border, and stabilize Biden’s flailing economy through fiscal responsibility.
… Continue ReadingICYMI: Scott Presses Blinken on the Fentanyl Crisis and other National Security Concerns
Friday | March 24, 2023U.S. Senator Tim Scott (R-S.C.) pressed U.S. Secretary of State Antony Blinken in a Senate Foreign Relations Committee hearing on the Biden administration’s response to a variety of complex challenges around the world. The senator’s line of questioning touched a wide range of issues, from the fentanyl crisis to the threat of a nuclear Iran and China’s expanding influence across sub-Saharan Africa.
… Continue ReadingScott, Risch, Colleagues Encourage EU to Designate IRGC as Terrorist Organization
Thursday | March 23, 2023U.S. Senator Tim Scott (R-S.C.) joined Senators Jim Risch (R-Idaho), ranking member of the Senate Foreign Relations Committee, John Cornyn (R-Texas), Ted Cruz (R-Texas), Joni Ernst (R-Iowa), Lindsey Graham (R-S.C.), Bill Hagerty (R-Tenn.), James Lankford (R-Okla.), Pete Ricketts (R-Neb.), Marco Rubio (R-Fla.), Roger Wicker (R-Miss.), and Todd Young (R-Ind.)in writing a letter to European Union High Representative for Foreign Affairs and Security Policy Joseph Borrell encouraging the EU to designate the Islamic Revolutionary Guard Corps as a foreign terrorist organization.
… Continue ReadingAmid LA Teacher Strike, Scott Pushes for Legislation to Expand School Choice to Low-Income Students Affected by School Closures
Thursday | March 23, 2023Today, U.S. Senator Tim Scott (R-S.C.) introduced the Kids in Classes Act. The bill would allow families with children in Title I schools to put unused federal education funds toward in-person education, should their school close due to a teachers’ labor union strike.
… Continue ReadingSenator Scott’s Opportunity Zones Drew Billions of Investments to Thousands of Low-Income Areas
Wednesday | March 22, 2023Today, Economic Innovation Group (EIG) released an analysis of two recent studies on the impact of Opportunity Zones (OZs) on America’s underserved communities. These studies found that by the end of 2020 at least $48 billion had been invested in nearly 4,000 opportunity zones across every state nationwide, increasing commercial and residential development, boosting housing supply and values, and creating positive economic spillovers for neighboring communities.
… Continue ReadingScott Celebrates South Carolina Farmers, Ranchers During National Agriculture Week
Wednesday | March 22, 2023This week, Senator Tim Scott (R-S.C.) highlighted South Carolina farmers and ranchers and the vital contributions they make in feeding our nation and growing our local economies.
… Continue ReadingSenator Scott Statement on Biden Pushing Progressive Agenda at Expense of Americans’ Retirements
Monday | March 20, 2023Today, Senator Tim Scott (R-S.C.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, issued the following statement following President Biden’s veto of bipartisan legislation which would have prioritized building Americans’ wealth over his administration’s progressive agenda:
… Continue ReadingScott Speaks Out Against Medicare Advantage Proposals That Risk Care Disruptions, Premium Hikes for Seniors
Friday | March 17, 2023Senator Tim Scott (R-S.C.) joined Senate Finance Committee Republicans in urging government health officials to take steps to prevent adverse outcomes for patients who rely on Medicare Advantage (MA) following a February 2023 proposal from the Centers for Medicareand Medicaid Services (CMS). The proposal includes changes to the diagnostic system for some chronic conditions, including diabetes and congestive heart failure, that could cause disruptions in care and sudden premium increases.
… Continue ReadingScott Demands Answers from Secretary Yellen on Unsound Fiscal Policies, Silicon Valley Bank Failure
Thursday | March 16, 2023Today, before the U.S. Senate Committee on Finance, Senator Tim Scott (R-S.C.) pressed Treasury Secretary Janet Yellen on the White House’s massive budget request that includes over $5 trillion in tax hikes and balloons the national debt by nearly $20 trillion over the next ten years. The Senator, who serves as Ranking Member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also demanded answers from the Secretary on the White House’s spending that created an inflationary environment and rising interest rates which led to the failure of Silicon Valley Bank.
… Continue ReadingRanking Member Scott Calls for Local Solutions to Local Transportation Challenges, Hears from Public Transportation Director of Greenville’s Greenlink At Banking Hearing
Thursday | March 16, 2023In his opening statement at today’s U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing on public transportation, Ranking Member Tim Scott (R-S.C.) emphasized that local communities – not the federal government – should be empowered to make decisions on local transportation. Senator Scott emphasized the federal government should not force its progressive climate agenda on municipalities, and instead, should enable communities to address pressing challenges like rising violent crime. The witness panel included South Carolinian James Keel, who is the Director of Public Transportation for Greenlink in Greenville, South Carolina.
… Continue Reading