And then there's full expensing for new equipment, which is now permanent thanks to this bill and supports businesses upgrading and replacing machinery and other equipment that's essential to their work. This landmark bill also allows for full expensing of new factories and factory improvements. And we've seen a number of manufacturing investments being made across the United States since this bill passed last year. (05:24–05:29)
CLAIM
Asserts that the bill allows for full expensing of new factories and improvements.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
