Lately, Democrats have been talking a lot about “what’s at stake.” Want to know what’s at stake? A booming economy, safer communities, and a strong military.
When everyday Americans look at their bigger paychecks or the “now hiring” signs in their hometowns, they have only one party to thank for that.
Spoiler: it isn’t the Democrats. No, they fought us every step of the way as we worked to help everyone in this country have a chance at a better life.
When we rolled back regulations that were hurting families and small business owners, they voted NO. When we overhauled an outdated tax code so that workers and families could get ahead, they voted NO. And they had plenty of chances to help us with border security, and they always voted NO.
And now that Americans are feeling confident, strong, and hopeful — they want to take that all away.
So, what’s really at stake? Here are 10 things Democrats want to take away from the American people:
1. Your bigger paycheck
90 percent of Americans are seeing bigger paychecks thanks to the new withholding tables under the Tax Cuts & Jobs Act. The average family of four received a tax cut of $2,059.
On top of that, more than four million people received more than $4 billion in bonuses as companies invested their own tax cuts into their workers.
Instead of celebrating with the American people, Democrats looked down on them, calling their bonuses and tax cuts “crumbs.”
While a $1,000 bonus and $2,059 tax cut may be nothing to a millionaire from San Francisco, this extra income gave many families the chance to get ahead when for so long they were barely getting by — that money went towards groceries, bills, saving for a rainy day, or taking a much-needed family vacation.
Unemployment is at a historic low, especially for blacks and Hispanics — the lowest on record!
In addition to unemployment numbers being at their lowest point in decades, job openings are at a record high — 213,000 jobs were added in June alone. And in June there were 6.7 million job openings, marking the second time since 2000 that there have been more job openings than those who are unemployed.
While everyday Americans feel that now is a great time to find a job, Democrats scoff at these numbers. They miss the good ol’ days of 9 percent unemployment, stagnant growth, and bleakness like we had in 2010 under the Obama administration.
3. Opportunities for families and people with disabilities
The Tax Cuts & Jobs Act wasn’t just about cutting rates. Included in the legislation was a nearly doubled standard deduction to allow families to keep more of their money. If you’re single, you won’t pay taxes on your first $12,000 in income. If you’re married, that bumps up to $24,000. For comparison, this second figure was previously only $12,700.
We expanded the Child Tax Credit from $1,000 to $2,000 ($1,400 of which is refundable), preserved the Adoption Tax Credit, and expanded 529 savings accounts for K-12 education. These all provide extra cushion that will help cover the costs of childcare and other expenses, including a $500 non-refundable credit for non-child dependents.
The Tax Cuts & Jobs Act also included provisions to help individuals with disabilities. With the ABLE Financial Planning Act, families who were saving for tuition in 529 plans can now roll over the amount to qualified ABLE accounts tax free.
With the ABLE to Work Act, an ABLE beneficiary who earns income for a job is able (pun intended) to save up to the Federal Poverty Level, which is currently $12,140, in addition to their annual contribution limit of $14,000. This will be really helpful for individuals with disabilities who want to work but cannot contribute to an employer retirement savings plan.
On top of this, the ABLE to Work Act makes ABLE account contributions eligible for what’s known as the “Saver’s Credit.” This little-known tax credit allows individuals to take a credit of up to $2,000, or $4,000 if filing jointly, to save more money. If you’re low income, the more you save, the more credit you claim.
Why did Democrats vote AGAINST this? This is hardly “crumbs.”
4. Community investments
Those “tax breaks for corporations” that Democrats continue to harp on about? They not only allowed small businesses to expand and gave millions of everyday Americans bonuses and benefits — they meant major investments in communities across the country.
Centennial Bolt in Colorado is using tax savings to combat homelessness in Denver. The money they saved was invested in a new 150-bed women’s shelter.
In the Pacific Northwest, Premera pledges $250M of tax cut to health coverage and charity. They’re using their tax savings to expand rural access to health care and combat homelessness. That includes a $1 million grant to Hope House in Spokane, Washington to build a new women’s shelter.
Want to see what other companies did with their tax savings? Check out this list of charitable donations. Can you believe Democrats voted against making all that possible?
Additionally, Democrats voted against creating Opportunity Zones in the Tax Cuts & Jobs Act. Opportunity Zones provide tax incentives to invest in low-income communities– nearly 35 million Americans who live in these communities could see benefits.
5. Community banks
With all their tough talk about corporations, you’d think Democrats would want to prioritize small town banks over “Big Banks.” To be fair, they do try. But often with disastrous results. Remember Dodd-Frank? The goal was to protect Americans from bailouts, financial fraud, and abusive banking. It was going to be tough on Wall Street, and give Main Street a fighting chance against the 1%.
To understand the damage Dodd-Frank has done, think of those goals we just listed…then do the exact opposite.
Instead of being tough on Wall Street, Dodd-Frank put many on Main Street out of business. Community banks and credit unions didn’t have the resources to navigate the regulations, so they became “too small to succeed.” It had gotten so bad that we were losing an average of one community bank or credit union every single day. And without this competition, big banks became even bigger than they were before. Oops!
So Republicans took action. While the Senate Democrats blocked our Financial CHOICE Act, we still managed to repeal portions of Dodd-Frank with the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) and with a Congressional Review Act resolution, we rolled back some of the worst regulations that resulted from this terrible 2010 bill.
Democrats put Dodd-Frank in place, and after seeing the damage it did, most voted AGAINST repealing it. That’s what’s at stake.
6. Freedom from red tape
Speaking of Congressional Review Act resolutions, we passed 17 and 16 have been signed into law — the most in U.S. history.
What does this mean? It means Republicans voted to protect the American people from the last-minute tidal wave of regulations that the Obama administration put in place in the final days of his presidency. Everything from land management to education to buying a car — nothing was safe from the heavy hand of a Democrat-led government.
These regulations were hurting workers, small business owners, even universities, and rolling them back was one of the first actions we took when Republicans took control. We’ve cut $4.1 billion in agency costs, $34.8 billion in industry costs, and saved more than four million hours of paperwork.
Republicans believe that everyday Americans know better than the federal government how to live their lives, run their businesses, and raise their families. They don’t need a bureaucrat in the basement of the Department of Labor telling them what to do.
The Democrats? Well, the vast majority did vote NO on all of these regulatory rollbacks….
7. Military readiness
After a decade of cuts under the Obama administration, our military was in shambles. With terror threats on the rise, this is the worst time for our defense capabilities to be weakened, but Democrats still allowed for too many ships to be unable to sail and too many planes to be unable to fly.
This neglect has a human toll. More service members die in training accidents than in combat. Our self-imposed readiness crisis is hurting our troops and their families, and Republicans have been leading the effort to rebuild the military.
8. Rule of law and border security
While Democrats introduce legislation to abolish ICE, Republicans are focused on keeping our communities safe. That starts with border security and upholding the laws.
Multiple bills, including the Project Safe Neighborhoods Grant Program Authorization Act, are strengthening our border security, better enforcing immigration laws, and targeting dangerous gangs like MS-13.
Our work continues and as Republicans have those courageous conversations about how to best secure our borders, Democrats merely sit back and say NO, NO, NO to any ideas we have and advocate for open borders. And they want to talk about what’s at stake?
9. VA accountability
When a veteran contacts the VA, they should have the red carpet rolled out for them. We passed the Department of Veterans Affairs Accountability and Whistleblower Protection Act of 2017, which created a streamlined and efficient process to remove, demote or suspend any VA employee for poor performance or misconduct. Additionally, the VA MISSION Act consolidated the VA’s multiple community care programs and authorities and provides further funding to sustain the Choice Program so veterans can get the care they earned and deserve.
But let’s not forget why these bills were necessary in the first place.
Under the Obama administration’s ineffective leadership, veterans died waiting in line at the VA, never having the chance to see a doctor. Where was the oversight? A disgusted and horrified Republican-led Congress passed legislation to address the culture and lack of oversight within the agency, which the Obama VA later gutted and rendered effectively useless. With President Trump’s VA, and this unified Republican government, we are working to fulfill our promises to our heroes and return the VA to its sole mission: serving veterans.
10. Your chance at a better life
Everything Republicans have been working on since we rolled out our Better Way agenda two years ago has been with one goal in mind: help the American people have the chance at a better life.
For too long, families and workers alike have been languishing under a mountain of red tape, a stagnant economy, and feelings of fear as terrorist activity threatened our way of life.
We aren’t just rolling back regulations and unleashing the economy — we’re breaking free from the damage Democrats have done to this country. And while they continue to fight us every step of the way, Republicans won’t stop focusing on the American people’s priorities and keeping our promises. Our booming economy, safer communities, and stronger military are proof of that.