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More Money In Floridians’ Pockets
Sen. Rubio: 'Millions Of Parents Across This Country Will Have More Money In Their Pocket Come Tax Time Next Year.' PRESIDENT TRUMP: "[T]his country is starting to rock with our businesses coming back in. It's starting to really rock…. We've had tremendous success from the company standpoint and from the people's standpoint. They're going out. They have a lot more money to spend." (President Trump, Roundtable Discussion on Tax Cuts, Hialeah, FL, 4/16/2018) SEN. MARCO RUBIO (R-FL): "I… Continue Reading
03.22.18
‘Tax Reform Is Helping Hoosiers’
Sen. Young: 'I Was Proud To Support The Tax Cuts And Jobs Act' SEN. TODD YOUNG (R-IN): "We delivered several major successes to the American people last year, including tax relief for hard-working Hoosiers and small businesses. … I was proud to support the Tax Cuts and Jobs Act…" (Sen. Young, Press Release, 1/26/2018) Hoosier Paychecks Going Up SEN. MITCH McCONNELL (R-KY): "…tax reform is helping Hoosiers. Pat Williams, who lives in Southern Indiana, recently shared ano… Continue Reading
03.20.18
Tax Reform ‘Wonderful’ In Missouri
'Bonnie Brazzeal, Who Works In The Cafeteria At The College Of The Ozarks, Choked Up When She Told The President That She Received A Bonus From Her Employer As A Result Of The Tax Cut' SEN. MITCH McCONNELL (R-KY): "Last Wednesday, President Trump visited a Boeing manufacturing facility in St. Louis to hear how tax reform is helping Americans. … These Americans' tax reform stories are amazing. So is the fact that only one senator from Missouri voted to help all this good news happen." (Se… Continue Reading
03.15.18
Expanded Education Savings Accounts In Tax Reform ‘A Big Win For Families’
SEN. MITCH McCONNELL (R-KY): "Few subjects are closer to the hearts of parents than their children's education. That's why Republicans made sure the historic tax reform we passed last year included a provision, championed by Sen. Cruz and others, that will help parents choose an education for their children that makes sense for their family." (Sen. McConnell, Floor Remarks, 3/15/018) 'The First Legislative Expansion Of Nationwide Private School Choice In 20 Years,' 'Truly A Game Changer,' 'A … Continue Reading
03.14.18
Tax Reform: Millions Of Workers Have Already Benefited
Special Tax Reform Bonuses Have Been Announced For Workers At Hundreds Of Companies Across The Country SEN. MITCH McCONNELL (R-KY): "For months now, the headlines have been filled with businesses large and small using tax reform to give workers bonuses, pay raises, and new benefits. … That's what every Democrat voted against." (Sen. McConnell, Floor Remarks, 3/14/2018) Democrats Threaten: 'We Could Take … That Money' SEN. CHUCK SCHUMER (D-NY): "But when [the American people] … Continue Reading
03.08.18
Dems: ‘We Could Take Some Of That Money’
Senate Democrats Propose Clawing Back Americans' Bonuses, Pay Raises, & New Jobs SEN. MITCH McCONNELL (R-KY): "Just yesterday, Senate Democrats announced they'd like to spend a trillion dollars of taxpayer money -- and to try and pay for some of it, they want to roll back Americans' brand-new tax cuts while they're at it. There they go again. Tax more. Spend more. Take money away from American families and give it to the federal government." (Sen. McConnell, Floor Remarks, 3/8/2018) SEN.… Continue Reading
03.07.18
Tastes Great. Less Taxes.
'Ecstatic' Local Brewers On Tax Reform Savings: 'It's Hard To Overstate How Dramatic This Is To Us,' 'This Act Went Straight To Our Staff' "Toasting the nation's booming economy, alcoholic-beverage producers - from craft beer brewers to large whiskey distilleries - are taking advantage of a big tax cut. The federal excise tax on spirits, wine and beer has been slashed through 2019 under the Craft Beverage Modernization and Tax Reform Act, which supporters say will allow owners to pour those … Continue Reading
03.06.18
Tax Reform: Good News For Americans’ Retirement
Companies Across America Announce 'New U.S. Tax Legislation, Has Enabled Us To Increase Our 401(K) Match' For Our Employees SEN. MITCH McCONNELL (R-KY): "Every day, we hear of more ways that tax reform is immediately helping American workers, job creators, and middle-class families across the nation. But this generational reform was not designed to be a flash in the pan. We're already seeing ways it will continue to benefit hard-working Americans years, even decades, down the road. Along with b… Continue Reading
02.28.18
‘Real, Tangible Benefits from Tax Reform’
Senate Republicans Hear From Small Business In States Across America SEN. MITCH McCONNELL (R-KY): "…it's been just over two months since this united Republican government delivered historic tax reform to middle-class families across America. So how's it working? We've all seen the national news: Walmart is giving raises or new benefits to more than a million hourly workers. Boeing is investing $300 million in workforce development and corporate giving. Apple is bringing hundreds of b… Continue Reading
02.22.18
More Tax Reform Bonuses Keep Rolling Out
More Money In Your Pocket HORMEL FOODS CORP.: "Hormel Foods Corp. this morning announced that it plans to use savings from the federal Tax Cuts and Jobs Act to award stock options to its employees and raise starting wages to $13 an hour. Hormel announced the new employee benefits as part of a first-quarter earnings report. … Hormel stated that the Tax Cuts and Jobs Act signed by President Donald Trump in December saved the Fortune 500 company $63 million in the first quarter of the year,… Continue Reading
02.15.18
Tax Reform: Good News For American Families
'Tax Credit To Encourage Employers To Offer Workers Up To 12 Weeks Of Paid Family Leave' Included In Landmark Tax Reform Bill SENATE MAJORITY LEADER MITCH McCONNELL (R-KY): "[T]hanks to the tireless work of my colleague from Nebraska, Senator Fischer, the Tax Cuts and Jobs Act encourages more employers to provide paid family leave. That's good news for the millions of American families that will welcome a child this year. My Democratic colleagues like to speak about the importance of paid le… Continue Reading
02.13.18
Tax Reform: Lower Power Bills
Families Across the Country Will Pay Less As Utilities Pass On Tax Reform Savings to Consumers SEN. MITCH McCONNELL (R-KY): "…[In] states, from Montana to Massachusetts to my home state of Kentucky, utilities are planning to directly pass along their savings by cutting consumers' monthly bills." (Sen. McConnell, Floor Remarks, 2/13/2018) From Kentucky To Missouri To Vermont, Americans Will Be Saving On Their Utility Bills KENTUCKY: "Customers of Louisville Gas and Electric Company an… Continue Reading
02.13.18
Tax Reform: More Than 3.5 Million Workers Have Already Benefited
Special Tax Reform Bonuses Have Been Announced For Workers At Nearly 350 Companies SEN. MITCH McCONNELL (R-KY): "We've been talking for weeks about the millions of Americans who are already benefiting from tax reform. Already, millions of workers have received a tax reform bonus, pay increase, or other benefit. I understand that a 1,000-dollar, 2,000-dollar, or 3,000-dollar bonus might not seem like much to my colleagues from New York or San Francisco. I understand why people who are already ve… Continue Reading
02.09.18
Tax Reform Delivers Real Results
Tax Reform 'Has Put Money Back Into My Business, Into My Hometown, Into My Region, Into My Employees' Pensions And 401k' 'If You're A Family Of Four, It's Not Crumbs. $1000 Is A Lot Of Money' "'It's bigger than crumbs like the politicians were saying... It's bigger than crumbs,' says Mark Guilbeau of Lafayette [Louisiana]. And they're already making plans for what to do with it. 'I plan to pay down some credit card debt,' says Guilbeau." ("New Tax Withholding Guidelines Means Higher Paychec… Continue Reading
02.06.18
Economic Opportunity Zones: ‘A Huge Deal’
'A Plan To Help Distressed America' In The Recently-Passed Tax Reform Law SEN. TIM SCOTT: 'Opportunity Can Truly Be The Difference That Changes The Course Of One's Life' SEN. TIM SCOTT (R-SC): "These are private sector dollars coming into distressed communities, where 50 million Americans live, that will provide long-term opportunities to transform communities and the people who live in there - everything from workforce investment to better education, to businesses being attracted into these… Continue Reading
02.05.18
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
01.25.18
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