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Brady Statement After Meeting with Commissioner Vestager

September 20, 2016

WASHINGTON, D.C. – House Ways and Means Chairman Kevin Brady (R-TX) released the following statement after meeting with European Commissioner for Competition Margrethe Vestager: 

“I was glad to have the opportunity to speak directly with Commissioner Vestager today. I expressed strong concern about the European Commission’s actions in the state aid cases and how this ongoing investigation clearly targets American companies and our workers. By applying these decisions retroactively, the Commission is pursuing a completely irresponsible and far-reaching tax policy agenda that will strain U.S.- EU relations.

“While we have limited legislative options for stopping the Commission from continuing down this misguided path, we view the recent Apple decision as yet another critical motivator in the case for pro-growth tax reform. The Commission’s attacks against American companies make House Republicans even more determined to take every possible action to reform our broken tax code. We are focused on delivering pro-growth tax reform in 2017 that ensures a level playing field for American companies competing in global markets and encourages companies around the world to invest in America and our workers.”