Press Releases
Scott on Final Passage of Tax Reform: “Big Win for Middle Class Families, U.S. Economy”
Wednesday | December 20, 2017The U.S. Senate successfully passed the historic tax reform package a yearlong process Senator Scott has been intimately involved with since the working group first launched.
… Continue ReadingScott, Conference Committee Members Reach Tax Reform Deal
Friday | December 15, 2017Scott, member of the House-Senate Tax Reform Conference Committee, released the statement below, following the committee’s announcement of the final deal reached on a historic tax reform package
… Continue ReadingHow Marco Rubio forced the GOP’s hand on the child tax credit
Friday | December 15, 2017Scott, who had helped secure an initial expansion of the child tax credit from $1,000 to $2,000 while the bill was still being debated by the Senate Finance Committee, lobbied on Rubio’s behalf inside the conference committee. An aide confirmed that Scott pushed conferees to continue negotiating throughout the day Thursday, culminating in the deal announced Friday.
… Continue ReadingScott: The NDAA Will Deliver for our Service Members, National Security
Tuesday | December 12, 2017Scott released the following statement after President Trump signed the National Defense Authorization Act (NDAA) for FY18
… Continue ReadingSenator Scott Receives 2017 Jack Kemp Foundation Leadership Award
Thursday | December 7, 2017Last night, U.S. Senator Tim Scott (R-SC) received the 2017 Jack Kemp Leadership Award for his commitment to tax reform, fighting poverty, and strengthening the American family.
… Continue ReadingSenator Scott Named to Final Negotiating Committee on Tax Reform
Thursday | December 7, 2017Senator Scott was named by Senate Majority Leader Mitch McConnell as one of the Senators participating in final negotiations on Republicans' pro-middle class, pro-economic growth tax reform package
… Continue ReadingScott Statement on President's Announcement Regarding Jerusalem
Wednesday | December 6, 2017Scott issued the statement below supporting President Donald Trump’s decision to formally recognize Jerusalem as the capital of Israel.
… Continue ReadingScott Votes in Support of Major Bipartisan Legislation to Help Local Economic Growth
Tuesday | December 5, 2017U.S. Senate Committee on Banking, Housing and Urban Affairs passed major bipartisan financial legislation, the Economic Growth, Regulatory Relief and Consumer Protection Act, including two amendments introduced by Senator Scott.
… Continue ReadingScott on Tax Reform: A Historic Win for Hardworking Americans
Saturday | December 2, 2017The passage of the tax reform plan marks a major milestone in finally reforming a tax code that hasn’t been overhauled since 1986.
… Continue ReadingScott on Senate Tax Package: My IIOA Offers a Bipartisan Solution
Wednesday | November 29, 2017Scott said during last night’s CNN debate that his bipartisan Investing in Opportunity Act, which is included in the Senate’s Tax Package, will help bring long-term investment to distressed communities.
… Continue ReadingScott to American Families on Tax Reform: Our Focus Is On You
Wednesday | November 29, 2017In his closing argument, Scott spoke directly to the American people, letting them know that “our focus is on you, and that’s where it should be.”
… Continue ReadingScott’s Bipartisan Investing in Opportunity Act Passes out of Finance Committee
Friday | November 17, 2017In a major step toward helping distressed communities nationwide, U.S. Senator Tim Scott’s (R-SC) bipartisan Investing in Opportunity Act (IIOA) passed out of the FinanceCommittee as a part of the tax reform bill that will be voted on by the full Senate in the coming weeks.
… Continue ReadingTax Reform Passes Senate Finance Committee
Thursday | November 16, 2017U.S. Senator Tim Scott (R-SC) released the statement below after the Senate Finance Committee passed the Senate version of the Tax Cuts and Jobs Act, the most comprehensive tax reform legislation moved by Congress in three decades.
… Continue ReadingSen. Scott’s Bipartisan Investing in Opportunity Act Passes out of Finance Committee
Thursday | November 16, 2017In a major step toward helping distressed communities nationwide, U.S. Senator Tim Scott’s (R-SC) bipartisan Investing in Opportunity Act (IIOA) passed out of the Finance Committee as a part of the tax reform bill that will be voted on by the full Senate in the coming weeks. The IIOA incentivizes investment in economically distressed areas by allowing trillions of dollars in PRIVATE capital to be used to encourage small businesses, support entrepreneurs, and to develop dilapidated properties in zip codes most in need of a resurgence.
… Continue ReadingSenate Tax Reform to Include Scott's Investing in Opportunity Act
Wednesday | November 15, 2017Scott announced that the amended Senate tax reform plan will include his bipartisan Investing in Opportunity Act (IIOA).
… Continue ReadingSen. Scott Opening Remarks As Tax Reform Markup Begins
Monday | November 13, 2017Washington - U.S. Senator Tim Scott (R-SC) gave opening remarks this afternoon as the Senate Finance Committee begins consideration of the Senate's Tax Reform plan. Scott discussed how the plan will help American working and middle-class families, and help ensure the jobs of the future are created right here in America. You can view the entirety of Senator Scott's remarks … Continue Reading
For South Carolina, Senate Tax Reform Bill Means More Jobs and Higher Incomes for Middle Class
Monday | November 13, 2017A study released by the independent tax policy research organization The Tax Foundation shows that the current Senate Tax Reform legislation will lead to the creation of 13,000 jobs in South Carolina, while also raising the after-tax income for middle class South Carolina families by nearly $2,400.
… Continue ReadingICYMI: Senator Scott on Face the Nation: Every Single Bracket Will Have Lower Taxes
Monday | November 13, 2017U.S. Senator Tim Scott, member on the Senate Finance Committee, joined CBS Face the Nation on Sunday to discuss the Senate’s tax bill, which was released last week.
… Continue ReadingSenator Scott Floor Speech on Senate Tax Bill
Thursday | November 9, 2017Scott, member on the Senate Finance Committee, spoke passionately on the Senate floor about how the Senate’s tax plan, The Tax Cuts & Jobs Act, will help more Americans keep their money and ensure more jobs are created in America.
… Continue ReadingICYMI: Senator Scott, Secretary Carson Visit Spartanburg
Tuesday | November 7, 2017Scott welcomed U.S. Department of Housing and Urban Development Secretary Ben Carson to Spartanburg to meet with local leaders about how they can help economically distressed communities.
… Continue Reading