22 results for tag: economic growth


What to expect from President Trump’s ‘State of the Union’ address

President Trump will give his first ‘State of the Union’ address tonight, touting the GOP’s accomplishments and how Trump’s policies are building a safe, strong and proud America. We expect Trump’s speech will resonate with our tea party values and will give the American people hope in the new year. The president is likely to discuss five key issues and how the administration plans to handle these issues: 1. Jobs and the Economy President Trump is expected to talk about newly passed tax reform and the benefits it already has and will continue to have on Americans and American businesses. Trump will also talk about the administration’s ...

Manufacturers agree with President Trump: Tax reform is “rocket fuel” for the economy

President Trump’s historic tax plan has provided manufacturers with the ability to hire more workers and put more money back into the pockets of manufacturing workers. Real Clear Politics has the details: In the NAM’s latest quarterly Manufacturers’ Outlook Survey of our members, most respondents felt confident that tax reform would grow their businesses and help their workers. Sixty-three percent said comprehensive business tax reform would encourage their companies to spend more on their facilities and equipment, and 58 percent said they would expand their businesses. In addition, 54 percent said they would hire more workers, and ...

Thanks to President Trump’s tax reform, the Gig-economy is booming

There are nearly 24 million hard-working Americans who participate in the “gig economy," including Uber drivers, web designers, and contractor janitors. These are some of the smallest of small businesses and beginning next year, they will see large reductions in their taxable income thanks to President Trump’s historical tax reform. The National Review has the details: The media did such fine work, they actually persuaded the vast majority of Americans of a total fiction. According to an NBC News/Wall Street Journal poll, more than 80 percent of American voters believe they will not get a tax cut as a result of the legislation. The reality is ...

The Best Christmas Gift of 2017: Tax Reform

The GOP’s tax reform plan is the Christmas gift that we’ve all been waiting for and could be the gift that keeps giving. It has the potential to bring historic tax cuts, more money in our pockets and a brighter future for our families and our country. President Trump has tirelessly pushed for Congress to craft tax cuts that will put people back to work, raise wages and make “Made in the U.S.A.” a reality once again. The Washington Examiner has the details: The new tax code will cut income taxes for just about everyone, including a yearly tax break for the average middle-class family of up to $2,000. The standard deduction will double to ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 12/18/17

CALENDAR: The House will return Monday, and stay in session through Thursday. The Senate will also return Monday, and stay in session through Thursday. LAST WEEK ON THE HOUSE FLOOR: The House came back into session last Monday evening, and passed two bills under Suspension of the Rules. On Tuesday, the House took up and passed H.R. 3971, the Community Institution Mortgage Relief Act, by a vote of 294-129. On Wednesday, the House took up and passed H.R. 1638, the Iranian Leadership Asset Transparency Act, by a vote of 289-135. On Thursday, the House took up and passed H.R. 2396, the Privacy Notification Technical Clarification ...

Key changes in the tax reform conference report

Senate Finance and House Ways and Means staffers worked through the weekend last weekend to produce draft discussion documents. By the time the conference met officially on Wednesday at 2 PM, the negotiators had already wrapped up their agreement. For the most part, the conference report measure looks like the Senate bill. That’s not surprising, given that there’s less room for error in passing the final bill through the Senate – the more the conference report looks like the bill that passed the Senate, the better its chances of passage in the upper chamber. That’s not to say there were no changes from the Senate bill. There were. The ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 12/11/17

  CALENDAR: The House will return Monday, and stay in session through Thursday. The Senate will also return Monday, and stay in session through Thursday. LAST WEEK ON THE HOUSE FLOOR: The House returned last Monday evening, and the GOP leadership immediately ran into an unexpected buzz saw, in the form of a rebellion by the House Freedom Caucus against what it anticipated would be a terrible deal on the Continuing Resolution. To make their determination to avoid a year-end spending catastrophe very clear, the members of the House Freedom Caucus threatened to vote against a routine but important procedural motion – the motion to ...

Republican tax plans strengthen small businesses and encourage innovation

The United States’ economic backbone was forged by the efforts of small businesses and entrepreneurs, and the vast majority of innovation in the U.S. is provided by smaller entrepreneurial companies. The House and Senate tax plans provide lower tax rates and deductions for small companies that provide the most innovation and jobs in America. The Washington Examiner has the details: To give this some context, there are approximately 3.4 million small companies that are classified as S corporations, LLCs or LLPs, and these firms employ more than 32 million people. That doesn’t even include sole proprietorships, which comprise 21.9 million of the ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 11/6/17

  CALENDAR: The House will return Monday, with first votes set for 6:30 PM. The House is scheduled to hold its last vote no later than 3 PM Thursday. The Senate also returns on Monday, with the first vote set for 5:30 PM. LAST WEEK ON THE HOUSE FLOOR: On Thursday, October 26, the House took up H.Con.Res. 71, establishing the congressional budget for the U.S. Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027. This was a vote on the Senate-passed budget resolution, and its passage meant that there was no need to go to conference to work out differences between the House-pas...

President Donald J. Trump: ‘Era of economic surrender is over’

President Donald J. Trump, since assuming office nine months ago, has removed job-killing regulations, and challenged lopsided international deals that suffocated the American economy. Optimism is returning but our economy can’t be fully unleashed unless we transform our burdensome tax code. President Trump has proposed a framework that will not only end America’s economic suffering but, under the new reforms, will create an economic situation favorable for job creation and allow families incomes to rise. In an op-ed for USA Today, President Trump laid out his vision for tax reform: American families should not have to send more money to the ...