Promises Made, Promises Kept

Floor Speech

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Mr. KENNEDY of Utah. Madam Speaker, I rise to highlight the important benefits the One Big Beautiful Bill Act delivered to Utah's businesses and workers.

Madam Speaker, we had the opportunity to be in our districts for the past month, and I had the privilege of meeting with my constituents in Utah's Third District. At the end of this district work period, I participated in a business-focused event with members of the Salt Lake Chamber to discuss the One Big Beautiful Bill Act and other industry- related issues.

During this event, I was able to hear directly from local businessowners and stakeholders about how the One Big Beautiful Bill Act and other Federal policies are impacting businesses in my district. What I heard was clear: Businesses want certainty. They want competitiveness. They want opportunity. The One Big Beautiful Bill Act delivers all three.

The One Big Beautiful Bill Act makes permanent the section 199A passthrough deduction, giving small businesses a 20 percent tax break. For the 69,000 eligible firms in Utah, this means long-term stability and provides them with a foundation to thrive.

The One Big Beautiful Bill Act also protects about 72,000 full-time jobs in Utah over the next 4 years relative to if the 2017 Tax Cuts and Jobs Act had been allowed to expire.

Derek Miller, president and CEO of the Salt Lake Chamber of Commerce, said: ``This vital legislation provides crucial long-term certainty for Utah's businesses and families. Making these progrowth provisions permanent empowers businesses to continue investing, innovating, and creating jobs, while also ensuring Utah families can keep more of their hard-earned money and better manage their financial responsibilities.''

The One Big Beautiful Bill Act is also critical to innovative national security-focused companies in Utah, such as Northrop Grumman and Vector, which I had the opportunity to tour during the August work period.

Northrop manufactures the five-segment solid rocket boosters for NASA's Space Launch System in Utah. They are currently developing next- generation rocket boosters, which will power us to the Moon and Mars. Thanks to the passage of the One Big Beautiful Bill Act, NASA will receive $4.1 billion for the Space Launch System for the Artemis IV and V missions. That investment will support Utah jobs and power new American advancement in space.

The One Big Beautiful Bill Act also supports a strong national defense by investing in America's UAS industrial base to boost U.S. drone capabilities. In my district, companies like Vector, a veteran- owned drone manufacturer, are leading that charge, developing technologies to strengthen the warfighter, secure our supply chain, and drive 21st century innovation here at home. I am glad the One Big Beautiful Bill Act will help support these capabilities and ensure America, not China, sets the standard in this critical field.

In voting for the One Big Beautiful Bill Act, House Republicans voted to power economic growth by boosting local production, supporting small businesses, and strengthening America's national security. I enjoyed discussing these issues with the Salt Lake Chamber and other groups while in my beautiful State of Utah last month.

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