It’s February, which means 90 percent of Americans are starting to see more money in their paychecks. On top of that, the good news that companies like Exxon Mobil, AT&T, Walmart, and hundreds planning to increase workers’ pay, provide bonuses, and increase their investments continues to roll in.
Just like we promised it would, the Tax Cuts & Jobs Act is resulting in bigger paychecks for millions of Americans. Here are some highlights from this past week:
House Republican Conference Chair Cathy McMorris Rodgers (R-WA) on WMAL with Larry O’Connor:
“The Democrats did not support tax reform, they were saying it was going to be armageddon. Not happening. And boy those thousand dollar bonuses for middle class families. There is so much energy and excitement. I was back in Eastern Washington and people are getting those bonuses, they’re seeing their leave improve, they’re hearing about jobs, there is just an energy that is associated with tax reform and we’re just getting started so I’m excited about what it means, I’m excited to hear from the President tonight as he really challenges America to ask if they’re better off two years later. I do hope that he asks that question of America ‘are you better off than you were two years ago?’ and really get people to look inward.”
Rep. Jody Hice (R-GA) in the Covington News: In a year under Trump, a safe and strong US
On the economic front, he pointed out the extensive and wide-reaching positive results of the Tax Cuts and Jobs Act — a pro-family, pro-business and pro-growth tax improvement. Workers are gaining new ground because of lower taxes, bigger bonuses, higher wages and better benefits.
At the same time, major companies like Apple and Exxon are going to invest billions of dollars and hire thousands of personnel. This is something to cheer about, and we all — regardless of party affiliation — should be excited about this level of investment right here at home.
Rep. Marsha Blackburn (R-TN) on WMAL with Larry O’Connor:
“I think everyone there is excited and the American people are excited. My goodness, what a year the President has had and America has had. You’ve got the stock market that is up, good GDP growth, people got bonuses after the tax bill passed, they’ve got a wage increase, a salary increase, an increase in benefits. I’ll tell you what. Tell a company big and small that being able to invest in their growth and the future for their employees is crumbs. No. This is what you call the sky’s the limit. And Nancy Pelosi needs to go figure this out.”
Rep. Scott Taylor (R-VA) on WMAL with Larry O’Connor:
“You’re talking about Apple bringing billions of dollars into this economy. You’re talking about bonuses and salary increases. It is not our job to force companies to do things, it is to set conditions for them to thrive, and to do these things if they so choose and they have. This is a huge win for all of us that passed. I think it is important because many of them talked about the economy falling off a cliff, that nothing is going to happen…and then of course it turned out to be the exact opposite. And they can’t claim any credit for it.”
Rep. Hal Rogers (R-KY) in the Lexington Herald Leader: Increased paychecks, lowered utility bills are payoffs from the GOP tax bill, Rogers says
Regardless of your political leanings, no one can deny the direct benefits of the tax law for families, individuals and businesses nationwide.
When Kentuckians take home more of their hard-earned money and spend less to keep the lights on, they have more money to invest in their own families, futures and dreams. Similarly, when companies are rewarded for doing business in America, we keep more jobs from being shipped overseas. Already, $1.6 billion in new company investments have been planned in the United States.
Tax reform was long overdue, and I applaud our president and this Congress for working together to make meaningful change for a better America and a better Kentucky.