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Currently showing results related to Economy
Sen. Schumer: ‘If We Don’t Do Something, There Will Be A Huge Rush To Invert’
FORMER PRESIDENT OBAMA: 'The Best Way To End This Kind Of Irresponsible Behavior Is With Tax Reform' SEN. ORRIN HATCH (R-UT): "Many of us have talked at length about inversions in recent years and the problems they pose for our economy and our tax base. Perhaps even worse than an inversion is when a larger foreign corporation simply acquires a smaller American corporation. Either way, the result is the same - a foreign corporation becomes the parent of the restructured multinational group. &hel… Continue Reading
10.03.17
‘A Historic Opportunity’ For Tax Reform
'The Republican Tax Reform Plan Will Turbo-Charge The Economy' 'The Framework Released Today Represents A Transformation Of America's Tax Code And Would Help The Middle Class' DAVID WILLIAMS, Taxpayers Protection Alliance President: "…a pro-growth tax code that will transform the American economy. The four million wordlong tax code strangles individuals, entrepreneurs and businesses alike in billions of dollars in compliance costs. …the comprehensive tax overhaul in 1986 demons… Continue Reading
10.03.17
‘Cut The Red Tape’
Like Congress, President Trump 'Followed Through' On His Pledge To Ease Regulatory Burdens 'Lots Of Presidents Talked About Getting Rid Of Bad Regulations - Trump Is Actually Doing It' "Getting rid of unneeded regulations may be the single-most effective spur to economic growth that's available to the federal government. Thankfully, unlike most recent presidents, President Trump is taking the job of cutting bad regulations seriously. That can be evidenced by the special 'Deregulation Day' th… Continue Reading
09.29.17
Tax Reform: ‘Getting America Going Again And Growing Again’
Senate GOP: 'The Reason We Want This Tax Code Changed Is To Put People Back To Work And To Change Lives Here In America' SENATE MAJORITY LEADER MITCH McCONNELL (R-KY): "It's time to take more money out of Washington's pockets, and put more of it in the pockets of Americans." (Sen. McConnell, Press Release, 9/27/2017) SEN. McCONNELL: "To summarize what this is about, it is about getting America going again and growing again. Providing jobs and opportunity here rather than overseas. Providin… Continue Reading
09.28.17
Tax Reform: ‘Welcome And Long Overdue’
'Good News For Main Street Businesses And The Families That Work For Them' 'Tax Reform … Will Spur Economic Growth For All Americans' U.S. CHAMBER OF COMMERCE: "Tax reform will help families who are struggling to make ends meet and employers who want to grow their business and create new jobs. The U.S. Chamber is pleased to see consensus among Congressional leaders and the administration on a plan that will kick-start long overdue reform. Now, we are entering into a crucial new phas… Continue Reading
09.28.17
More Jobs. Fairer Taxes. Bigger Paychecks
SENATE FINANCE COMMITTEE REPUBLICANS: 'Goal Is To Make The Tax Code Simpler, Fairer And More Competitive' SEN. ORRIN HATCH (R-UT), Finance Committee Chairman: "For too long, Americans have been bogged down by an outdated tax code that runs counter to the goal of growth and fails to promote jobs and investment here at home… Providing much-needed relief - whether it be doubling the standard deduction or expanding the Child Tax Credit - will help lift the middle class and let hardworking fa… Continue Reading
09.20.17
Tax Reform: Ending America’s ‘Competitive Disadvantage’
Allowing Job Creators 'To Reinvest, Expand, Create New Jobs, And Increase Wages' 'That Means Real Benefits For Middle Income Families' 'The Key Here Is To Incentivize New Investment, To Increase Productivity, Which Ultimately Makes Everyone Better Off In The Long Run' SENATE FINANCE COMMITTEE CHAIRMAN ORRIN HATCH (R-UT): "Our chief goals, particularly in business tax reform, are to increase economic growth, create new jobs, grow wages for the employees of both large and small businesses, expan… Continue Reading
09.14.17
Tax Reform ‘Imperative’
Taxpayer Advocate: 'Simplify The Internal Revenue Code Now' SEN. MITCH McCONNELL (R-KY): "It's been more than 30 years since we last passed comprehensive tax reform legislation, and since then, the international economy has only grown more competitive. That's why it's imperative that we do what we can to modernize our tax structure as we also better-prepare America's workforce for the many challenges and the global competition that face us in today's economy." (Sen. McConnell, Floor Remarks, 6/… Continue Reading
09.06.17
'Time Has Come To Fix The Federal Tax Code’
Tax Reform That's 'Pro-Growth, Pro-Jobs, Pro-Worker And Pro-American' PRESIDENT TRUMP: "Today, the hopes and dreams of American workers and their families remain a top priority for my administration. That is why we are launching efforts to reduce the crushing tax burden that is harming our companies and our workers. Our self-destructive tax code costs Americans millions of jobs, trillions of dollars and billions of hours spent on compliance and paperwork. To fix this, we have made the foundatio… Continue Reading
08.02.17
‘Republicans Will Seek To Lower Tax Rates’
'The Single Most Important Action We Can Take To Grow Our Economy And Help The Middle Class Get Ahead Is To Fix Our Broken Tax Code For Families, Small Business, And American Job Creators' SEN. MITCH McCONNELL (R-KY): "…just last week, the Administration and congressional leaders - and most importantly the chairmen of the Senate Finance and House Ways and Means Committees - issued a joint statement outlining shared principles for unleashing the American economy through comprehensive tax … Continue Reading
06.01.17
Putting American Families First
Former President Obama's UN Agreement 'Unfairly Jeopardized The American Economy' SEN. MITCH McCONNELL (R-KY): "I applaud President Trump and his administration for dealing yet another significant blow to the Obama Administration's assault on domestic energy production and jobs. President Obama made commitments in this deal based off a costly power plan that we knew at the time was on shaky legal ground. By withdrawing from this unattainable mandate, President Trump has reiterated his commitme… Continue Reading
05.17.17
Tax Reform: ‘A Once-In-A-Generation Opportunity’
After 'Slowest U.S. Recovery Since WWII,' Reform Would 'Increase Capital Spending…Increase Hiring…Accelerate Economic Growth' SEN. MITCH McCONNELL (R-KY), Senate Majority Leader: "…this Republican Congress has been working to get our economy moving again and to spur job creation. … Passing tax reform legislation would mark a major achievement in bringing us closer to that goal. This Republican Congress and administration have made it a priority from the start." (Sen.… Continue Reading
05.11.17
14 CRAs: A Victory For American Workers
Repealed Regulations 'Will Save $3.7 Billion In Total Regulatory Costs … And Eliminate 4.2 Million Hours Of Paperwork' SEN. MITCH McCONNELL (R-KY): "[We have] wasted no time in providing regulatory relief to Americans and restoring legislative power where it rightfully belongs, with the people through their elected representatives in Congress. We have a tool that's proved incredibly helpful in this regard. It's called the Congressional Review Act." (Sen. McConnell, Floor Remarks, 5/11/20… Continue Reading
05.02.17
A ‘Win for the American People’
VICE PRESIDENT PENCE: The budget deal "will avert a government shutdown but more important than that there's going to be a significant increase in military spending. Our armed forces have been hollowed out in recent years by budget cuts. 21 billion dollars in defense spending in this bill. There's also a down payment on border security. I think the American people are encouraged to hear that since our inauguration, illegal border crossings are down 60 plus percent in this country. And in this bi… Continue Reading
04.28.17
Sen. McConnell: ‘Protecting These Miners And Their Families … Has Been A Top Priority Of Mine’
Funding Bill Will 'Ensure That Thousands Of Retired Coal Miners And Their Families … Will Not Lose Their Health Care Benefits' SEN. MITCH McCONNELL (R-KY): "…this one-week extension will also ensure that thousands of retired coal miners and their families - including many in my home state of Kentucky - will not lose their health care benefits. Protecting these miners and their families from losing their health care has been a top priority of mine. Last year, I fought for a long-te… Continue Reading
04.11.17
Repealing Regulations That ‘Kill Jobs, Raise Prices, Depress Wages, And Lower Opportunities’
The Congressional Review Act Has Already Been Used '11 Times To Strike Down Obama-Era' Midnight Regulations SENATE MAJORITY LEADER MITCH McCONNELL (R-KY): "Regulations aren't issued in a vacuum; they have real economic consequences that can harm the middle class. They can kill jobs, raise prices, depress wages, and lower opportunities. And yet, the Obama Administration went on a regulatory rampage at a time when we should've been looking to do just the opposite. … Fortunately, we now hav… Continue Reading
03.13.17
The Magnificent Seven: The ‘Most Ambitious Regulatory Rollback Since Reagan’ Continues
'Republicans Are Moving Quickly To Dismantle Obama-Era Regulations' SENATE MAJORITY LEADER MITCH McCONNELL (R-KY): "Regulations aren't issued in a vacuum; they have real economic consequences that can harm the middle class. They can kill jobs, raise prices, depress wages, and lower opportunities. And yet, the Obama Administration went on a regulatory rampage at a time when we should've been looking to do just the opposite. On its way out the door, the previous administration continued to push … Continue Reading
01.30.17
Fighting Back Against The Democrats’ War On Coal Families
'Punitive 11th-Hour [Obama] Regulation On Coal… A Classic Example Of The Job-Killing Rules That Mr. Trump Has Vowed To Overturn' 14 STATE ATTORNEYS GENERAL: "As chief legal officers or as environmental regulators for our States, we write to urge Congress to use its power under the Congressional Review Act to disapprove … 81 Fed. Reg. 93,066… which was issued by the Interior Department's Office of Surface Mining Reclamation and Enforcement ('OSM'). The Rule is an unlawful a… Continue Reading
01.18.17
Wilbur Ross ‘Will Do A Superb Job’ As Commerce Secretary
'Will Use His Decades Of Experience To Put American Jobs In The Best Position Possible To Flourish' COMMERCE COMMITTEE CHAIRMAN JOHN THUNE (R-SD): "Mr. Ross spent his career revitalizing struggling businesses and he understands the ability of our nation's job creators to compete when given a level playing field and commonsense relief from federal red tape. His optimism about U.S. production and manufacturing will refresh Americans who have felt left behind or told they can't compete." (Sen. Thu… Continue Reading
12.12.16
114th Congress: Major Wins For The American People
Stack Of Major Legislation Passed By The Republican Senate: 21st Century Cures, Fighting Zika, Combatting Opioids, Water Resources Development Act, FAA Legislation, Infrastructure Improvements, Biotech Labeling, Puerto Rico Restructuring, Modernizing The Toxic Substances Control Act, Trade Secrets, FOIA Updates, North Korean Sanctions & Much More SENATE MAJORITY LEADER MITCH McCONNELL (R-KY): 'I'm incredibly proud of what we've been able to accomplish for our country' "This Congress, the Se… Continue Reading
