ICYMI: Rep. Onder Thanks CfG, Issues Letter Promoting Accelerated Depreciation Schedules for U.S. Manufacturing

Will Mitola  |   May 7, 2025

Washington, D.C. – In case you missed it, Rep. Bob Onder (MO-03) issued a letter to Speaker Mike Johnson and Ways and Means Committee Chairman Jason Smith urging that an accelerated depreciation schedule for domestic non-residential structures, or neutral cost recovery, be included in reconciliation to boost American manufacturing. In addition to Rep. Onder, the letter was signed by Reps. Nick Begich (AK-AL), Eric Burlison (MO-07), Pat Fallon (TX-04), Brandon Gill (TX-21), Lance Gooden (TX-05), Anna Paulina Luna (FL-13), Nancy Mace (SC-01), Tracey Mann (KS-01), Rich McCormick (GA-07), Barry Moore (AL-01), and Michael Rulli (OH-06). Club for Growth has long advocated for neutral cost recovery to be included in the extension of the Trump Tax Cuts.

 

Click here to read the full letter from Rep. Bob Onder.

Click here to read the Club for Growth Foundation’s free market proposal to boost domestic manufacturing.

Click here to read Club for Growth President David McIntosh’s op-ed on neutral cost recovery from December 2024.