Economic Investment Alliance Statement on “The One, Big, Beautiful Bill” 

Coalition commends House Committee on Ways and Means for advancing tax bill that restores full expensing to 100%.

May 14, 2025 — The Economic Investment Alliance today released the following statement applauding the House Committee on Ways and Means for passing a tax bill that would allow taxpayers to immediately expense 100% of the cost of qualified property:

“The House Committee on Ways and Means took an important step towards helping the American economy grow by approving “The One Big, Beautiful Bill” which restores full expensing to 100%.

Immediate full expensing is a smart policy with a proven history as one of the most effective ways to spark economic growth. The tax provision makes it easier and more affordable for businesses of all sizes to reinvest and grow through investments made in the USA. Full expensing encourages domestic investment in new equipment, infrastructure and technology, helping American workers and communities thrive.

All Americans benefit from full expensing. It increases wages and productivity while strengthening our nation’s ability to compete in a crowded global market. It also bolsters our supply chains by encouraging investment in manufacturing facilities here at home.

In fact, a recent assessment from the National Bureau of Economic Research found full expensing generates more investment per dollar of tax revenue than almost any other tax provision.

As the reconciliation bill moves ahead, we are eager to work with lawmakers in the House and Senate to ensure 100% full expensing is extended for as long as possible to provide the greatest level of certainty to spur economic growth nationwide.”