Passage of Partisan Reconciliation Bill Harmful to U.S. Economy, Construction Industry, Says ABC

WASHINGTON, Nov. 19—Associated Builders and Contractors released the following statement on today's passage of the partisan reconciliation bill by the U.S. House of Representatives.

“This partisan, reckless tax and spending bill would devastate the U.S. economy, further exacerbate supply chain and inflation woes, and impose dangerous tax hikes and restrictive labor policies that harm the 87.3% of the construction workforce that chooses not to join a union,” said Michael Bellaman, ABC president and CEO. “This bill would make it difficult for small contractors to stay in business, hire new workers and provide competitive pay and benefits for their employees. ABC encourages the Senate to reject the House’s reconciliation bill and work to support commonsense policies that will benefit our economy and create jobs throughout the country.”