WASHINGTON, D.C.— U.S. House Majority Whip Steve Scalise (R-La.) today issued the following statement regarding the House of Representatives’ passage of H.R. 880, the American Research and Competitiveness Act:

“The American people and their unparalleled innovative spirit are what make the United States the greatest country in the world,” Scalise said. “Research and development is critical to maintaining our competitive edge over our global competitors. Simplifying the research and development tax credit and making it permanent gives innovators, entrepreneurs and job creators of all sizes the certainty they need to invest, grow, and create more American jobs.”