In the working families tax cut, we allowed companies to fully expense the cost of building new factories in America, one of President Trump's top priorities. We restored full expensing for domestic research and development. and we provided full expensing for investments in new equipment and machinery. We're making it easier to build here, innovate here, and create good paying jobs here. And you're seeing the results. (05:48–05:52)
CLAIM
Asserts that full expensing for domestic research and development was restored.
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