As Congress returns from recess this week, the U.S. Chamber is urging Congress to move quickly on a series of key small business issues before the end of the year, including bills on energy, taxes, and trade. A vote on a compromise energy bill is expected on the House floor as early as Wednesday. In the Senate, members will begin debate on a House-passed trade promotion agreement with Peru.

Congress is also expected to move on a temporary alternative minimum tax patch before the end of the year. However, the bill under consideration would increase taxes on other business partnerships to pay for AMT relief. The AMT was never intended to be a revenue generator and therefore, the Chamber opposes raising taxes to fund relief from this onerous tax. Congress must act now because further delay in AMT relief could result in higher taxes for approximately 21 million Americans.

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