“The truth of the matter is our current tax code lets other countries win. … It’s about jobs, it’s about paychecks, it’s about higher standards of living,” Timmons told reporters.
But Washington, D.C.-based Center on Budget and Policy Priorities said repatriated cash from overseas wouldn’t likely boost private investment.
Jackson said manufacturing employs about 340,000 people in Tennessee.
“This is a great opportunity for Tennessee,” Jackson said of the budget resolution vote. “Manufacturing is a tremendous economic driver for us. … A healthy manufacturing economy benefits the state.”