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Tax Reform: ‘Investments Will Create New Jobs’
Companies Announce New U.S. Manufacturing Plants And Billions In Investments That 'Will Create New Jobs' UPS 'Will Invest An Additional $7 Billion,' 'Our Investments Will Create New Jobs' "UPS today announced more than $12 billion in investments to expand the company's Smart Logistics Network and significantly increase pension funding …" (UPS, Press Release, 2/01/2018) "The company plans to raise future capital spending above its previously committed six-to-seven percent of annual … Continue Reading
01.30.18
Improving The Lives Of The American People
The Major Accomplishments Of The 115th Congress SEN. MITCH McCONNELL (R-KY): "When President Trump delivers his State of the Union address, he will have outstanding news to share. After a decade of sluggish growth and stagnant paychecks, our country is back on the right track. Optimism is sweeping across the country, and the economy is finally gaining momentum. The Trump administration has worked with the Republican Congress to improve the lives of the American people. … Republicans have… Continue Reading
01.30.18
A Tale Of Two Kennedys
President John F. Kennedy vs. Grand-Nephew Rep. Joe Kennedy III On Taxes PRESIDENT JOHN F. KENNEDY: 'A Tax Cut Means Higher Family Income And Higher Business Profits' PRESIDENT JOHN F. KENNEDY: "The single most important fiscal weapon available to strengthen the national economy is the federal tax policy. The right kind of tax cut at the right time is the most effective measure that this Government could take to spur our economy forward. For the facts of the matter are that our present tax s… Continue Reading
01.25.18
Tax Reform Is Working For Kentucky
Sen. McConnell: 'Every Day, More Evidence Piles Up That Tax Reform Is Already Working For The American People' SEN. MITCH McCONNELL (R-KY): "Every day, more evidence piles up that tax reform is already working for the American people. The headlines are full of major employers announcing worker pay raises, bonuses, and new investments. For example, Brown Forman - a global spirits company headquartered in Louisville that employs more than 1,000 Kentuckians - announced yesterday that tax reform wi… Continue Reading
01.24.18
Tax Reform: ‘A Rising Tide Of Economic Optimism’
Tax Reform Bonuses Now Available In Ventis SEN. MITCH McCONNELL (R-KY): "The rising tide of economic optimism I have been highlighting on the floor is not showing any signs of subsiding. Yesterday alone, three of the nation's largest companies announced major new investments in the U.S. economy and workforce. Each said their decisions were made possible by the improved business climate created by the landmark tax code overhaul that Congress passed last year. … And just this morning, Star… Continue Reading
01.23.18
For American Workers Tax Reform Continues To Deliver
For American Workers At Disney, JPMorgan, Verizon And Many Others The 'Good News About Last Month's Historic Tax Reform Law Continues To Pile Up' SEN. MITCH McCONNELL (R-KY): "While the press was focused on the unfortunate lapse in government funding, the good news about last month's historic tax reform law continues to pile up. The number of Americans preparing to receive pay raises, special bonuses, and other benefits thanks to the historic tax cuts passed last month continues to grow. And th… Continue Reading
01.19.18
Dem Shutdown Would Have ‘A Terrible Impact’ On Our Military
Defense Secretary Mattis Warns A Government Shutdown Will 'Shut Down' Maintenance, 'Stop' Intelligence Operations, 'Stop' Reserves Training Q: "Secretary Mattis, one last question. Will a government shutdown have serious ramifications on military operations …?" … SECRETARY OF DEFENSE JAMES MATTIS: "Yes … it's got a terrible impact." (Secretary Mattis, Press Conference, 1/19/2018) SECDEF MATTIS: In A Shut Down 'Over 50% Altogether Of My Civilian Workforce Will Be Furlough… Continue Reading
01.18.18
Government Shutdown ‘Tough’ For Military Bases, Communities
Workers In Ohio, Florida, Virginia, Washington, Colorado, Missouri And Elsewhere Worry 'If The Base Shuts Down, That Affects Everybody In This Area,' 'Will Have An Incredible Impact' THEN-SECRETARY OF DEFENSE CHUCK HAGEL: "…what happened in 2013 when we had to stop training, stop flying, stop sailing, when we had a government shutdown for more than two weeks. We had to also furlough civilians. That was a tough time." ("Remarks By Secretary Hagel At A Troop Event At Whiteman Air Force Bas… Continue Reading
01.18.18
Tax Reform: More Than Two Million Workers Have Already Benefited
SEN. MITCH McCONNELL (R-KY): "Already, for weeks, we've seen special bonuses, pay increases, and other tax reform benefits delivered to workers across the nation. These immediate benefits are just the first fruits. Tax reform is also planting the seeds of long-term wage growth and job creation by making America a more attractive place for entrepreneurship and investment." (Sen. McConnell, Floor Remarks, 1/17/2018) SEN. McCONNELL: "In fact, I am proud to announce that earlier today, I spoke wi… Continue Reading
01.11.18
Tax Reform: Benefits Aplenty For Workers
Walmart Becomes The Latest Major American Company To Announce Worker Benefits Due To Tax Reform Changes Due To Tax Reform Will 'Benefit More Than 1 Million U.S. Hourly Workers' At Walmart WALMART: "Today, Walmart announced plans to increase the starting wage rate for all hourly associates in the U.S. to $11, expand maternity and parental leave benefits and provide a one-time cash bonus for eligible associates of up to $1,000. The company is also creating a new benefit to assist associates wi… Continue Reading
01.09.18
Tax Reform: Americans Already Seeing Benefits
1,000,000 Plus American Workers And Counting Receiving Bonuses & Wage Hikes Major Companies In Multiple Industries Have Announced Bonuses And Wage Hikes For American Workers WELLS FARGO: With 250,000 plus employees "Wells Fargo, meanwhile, also said it would be boosting its minimum wage for employees to $15 an hour. The bank alsopo said it would target $400 million in donations to community and nonprofit organizations next year." ("Wells Fargo, Fifth Third Bancorp Unveil Minimum Wage Hikes… Continue Reading
01.05.18
Tax Reform: More Money In Your Pocket
Growing List Of Growing List Of Employees Receiving Bonuses & Wage Hikes AMERICAN AIRLINES GROUP & SOUTHWEST AIRLINES: "No. 1 U.S. airline American Airlines Group Inc … and peer Southwest Airlines Co … on Tuesday said they would give their employees a $1,000 bonus in light of the recent tax reform bill." ("American Airlines, Southwest Employees To Get Bonus After Tax Reform," Reuters, 1/2/2018) "American Airlines will distribute the bonus to each team member… The… Continue Reading
01.03.18
‘This Is Actually Happening’
Millions In Bonuses For More Than 500,000 American Workers Have Already Been Announced Across America: Bonuses, Raises, Increased 401(K) Contributions & Improved Benefits AMERICAN AIRLINES GROUP & SOUTHWEST AIRLINES: "No. 1 U.S. airline American Airlines Group Inc … and peer Southwest Airlines Co … on Tuesday said they would give their employees a $1,000 bonus in light of the recent tax reform bill." ("American Airlines, Southwest Employees To Get Bonus After Tax Reform… Continue Reading
12.22.17
Draining the Regulatory Swamp
'The Most Far-Reaching Regulatory Reform [Effort] In American History' SEN. MITCH McCONNELL (R-KY): Under President Obama "the problem was America was underperforming -- not a single year of 3 percent growth during the Obama years. We attributed that to excessive regulation and a failure to address the tax code. This administration, working with us, through the Congressional Review Act, repealed 15 of the Obama-era regulations and, by the appointments that they made, all confirmed by the Senate… Continue Reading
12.21.17
‘Bonuses To Hundreds Of Thousands Of Workers After Tax Bill’
AT&T, Comcast, Fifth-Third Bank, Wells Fargo, & Boeing Immediately Announce Plans To Raise Wages & Benefits For Their Workers "AT&T, Comcast giving $1,000 bonuses to hundreds of thousands of workers after tax bill" ("AT&T, Comcast Giving $1,000 Bonuses To Hundreds Of Thousands Of Workers After Tax Bill," CNBC, 12/20/2017) COMCAST: "Based on the passage of tax reform and the FCC's action on broadband, Brian L. Roberts, Chairman and CEO of Comcast NBCUniversal, announced th… Continue Reading
12.20.17
‘Undeniable Math’
'Most People Are Going To Pay Less' In Federal Income Taxes TAX EXPERTS: 'Most People Are Going To Pay Less' "…the undeniable math is that most people are going to pay less." ("The Daily 202: The Tax Bill Is Likely To Become More Popular After Passage. Here's How Republicans Plan To Sell It.," The Washington Post, 12/20/2017) JOINT COMMITTEE ON TAXATION Non-Partisan TAX FOUNDATION: 'We've Run The Taxes Of Eight Example Households… Our Results Indicate A Reduction In Ta… Continue Reading
12.20.17
Tax Reform To Repeal The Individual Mandate Tax
Individual Mandate Repeal 'A Tax Cut For Low-Income Americans' "The tax bill would repeal ObamaCare's individual mandate, a major accomplishment for Republicans in chipping away at the health-care law." ("Week Ahead: GOP Poised To Repeal Obamacare Mandate," The Hill, 12/18/2017) "The tax bill that looks like it's about to become law would strike a blow to a fundamental part of Obamacare. … The bill would repeal the individual mandate, the provision in the ACA that requires individuals t… Continue Reading
12.19.17
ANWR: ‘This Year Is Different’
SEN. MURKOWSKI: 'The Economic Benefits Will Be Substantial, Our National Security Will Be Strengthened' SEN. MITCH McCONNELL (R-KY): "There is one more element of this bill that deserves special attention. It provides the nation, and particularly the people of Alaska, with a tremendous opportunity to develop the state's bountiful natural resources. In 1980, Congress set aside a particular non-wilderness area within Alaska's National Wildlife Refuge for potential development of its oil and gas r… Continue Reading
12.18.17
A ‘Massive Victory’ For The American People
Sen. Enzi: 'This Is Legislation Designed To Help People At Every Level' PRESIDENT TRUMP: "This is going to be one of the great gifts to the middle-income people of this country that they've ever gotten for Christmas." ("With Their Tax Bill, Republicans Prepare For A Long-Awaited Win," CNN, 12/28/2017) 'The Kind Of Herculean Lift Many Doubted Congress Could Pull Off' "Republicans are on the brink of passing a nearly $1.5 trillion tax overhaul, and at this point, it looks like nothing can sto… Continue Reading
12.13.17
Tax Reform ‘On The Cusp Of A Historic Moment’
PRESIDENT TRUMP: 'We're Very, Very Close To A Historic Legislative Victory' REP. BRADY: 'We're Coming Together As A Conference Committee With One Singular Mission In Mind - Finalizing The Tax Cuts And Jobs Act, And Delivering Transformational Tax Reform' PRESIDENT TRUMP: "…I want to thank the incredible members of the House and the Senate, who have been working so hard. We're very, very close to a historic legislative victory, the likes of which rarely has this country seen. I think I… Continue Reading
