WASHINGTON, Oct. 20—Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), today issued the following statement on the passage of a budget by the U.S. Senate:

“This important step by the Senate keeps the process on track to produce once-in-a-generation tax reform. We urge the House to act swiftly to take up and pass this measure so that the real work of tax reform can begin. Associated Builders and Contractors looks forward to working with Congressional tax writers to fulfill the promise of the unified framework and deliver a simpler, fairer tax code that grows the economy, creates jobs and provides equitable relief for all American businesses.”