Press Releases

Currently showing results related to Economy

. See all results.

11.26.18

McConnell Op-Ed: A Long, Proud List of Accomplishments in this Congress

"Over the last two years, a Republican Congress, working with the Trump Administration, has delivered a long series of policy accomplishments that have created real, tangible change for the American middle class. Along the way, this Senate has proven to be fertile ground for productive bipartisan work. "What remains to be seen, and what the country will soon learn, is whether or not a Democrat-led House of Representatives will follow suit. "Here's where we are after the first two years of the … Continue Reading


06.28.18

McConnell Announces Jay Khosla to Serve as Chief Economic Policy Counsel

WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell (R-KY) announced today that Jay Khosla will join his office as Chief Economic Policy Counsel. Khosla currently serves as Staff Director for the Senate Finance Committee. Prior to serving as Staff Director, Khosla held multiple senior roles at the Finance Committee including Policy Director and Chief Health Counsel. "Jay is an all-star and I'm thrilled to have him join our team," McConnell said. "Jay was a driving force helping deliv… Continue Reading


05.22.18

Crapo Bill Heads to White House for Signature

WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell (R-KY) released the following statement regarding House passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act which was passed by the Senate earlier this year: "Today's House passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act, which the Senate passed earlier this year, represents a major victory for America's local lenders and the communities they support. "For nearly eight year… Continue Reading


04.17.18

2018 Tax Day: Out With the Old, and In With the New

"Today is 'Tax Day,' the deadline for most Americans to file their tax returns. For many middle-class families and businesses, this date is circled on the calendar with regret and trepidation. But this year, this depressing day has a silver lining?-?simply put, it's 'out with the old, and in with the new.' Today is the last time American families will have to file under the unfair, outdated tax code that Congress and the president got rid of a few months ago. "Republicans' historic overhaul cut… Continue Reading


12.15.17

McConnell on Tax Reform Conference Report: Critical for the Future of Our Country

WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell (R-KY) issued the following statement on the Tax Cuts and Jobs Act conference report that was released today: "First and foremost, I would like to congratulate the members of the Senate and the House who worked tirelessly to reconcile the differences between the two tax bills. What they have accomplished is critical for the future of our country - and that is no understatement. After 31 years, it's about time. "For too long, Ameri… Continue Reading


12.06.17

McConnell Announces Senate’s Republican Members of the Tax Reform Conference Committee

WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) made the following statement after eight Republican Senators were selected for the Tax Cut and Jobs Act conference committee: "Last week, Senators answered the calls of our constituents by voting to overhaul our complex and outdated federal tax code. We seized the opportunity to spur economic growth, to help create jobs right here at home, and to take more money out of Washington's pocket and put more money into the pockets of har… Continue Reading


12.03.17

McConnell on ABC’s ‘This Week’ and CBS’s ‘Face the Nation’

LOUISVILLE, KY- U.S. Senate Majority Leader Mitch McConnell (R-KY) appeared on ABC's 'This Week' and CBS's 'Face the Nation' to discuss Senate passage of the Tax Cuts and Jobs Act. The following are excerpts from the interviews: ABC's 'This Week' On Middle Class Tax Relief and Jobs "We're doing a lot to keep our jobs from going overseas by making sure the business tax rates are competitive in this global economy. Of course we didn't leave behind the middle class, either. The average tax-payin… Continue Reading


11.17.17

McConnell Praises Finance Committee Action on Tax Reform Legislation

WASHINGTON, D.C.- Senate Majority Leader Mitch McConnell (R-KY) issued the following statement after the Senate Finance Committee reported their tax reform legislation: "For the millions of hard-working Americans who need more money in their pockets and the chance of a better future, help is on the way. Building off of years of work, dozens of hearings and bipartisan proposals, the Senate Finance Committee has reported a bill that will bring lasting relief to middle-class families, small busin… Continue Reading


11.16.17

McConnell Statement on House Passage of the Tax Cuts and Jobs Act

WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) released the following statement regarding House passage of the Tax Cuts and Jobs Act today: "Today with House passage of the Tax Cuts and Jobs Act, we are one big step closer to putting more money in the pockets of millions of struggling American families so they can pay their bills, save for their future and invest for their children. I commend Speaker Paul Ryan, Ways and Means Committee Chairman Kevin Brady and all the members … Continue Reading


11.09.17

McConnell Says Tax Bill ‘A Big Step Forward In Turning The Ship Around For American Families’

WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) issued the following statement today on the Tax Cuts & Jobs Act: "The Senate Finance Committee, under the leadership of Chairman Hatch, has put forward much-needed tax reform that will give hard-working, middle-class families across America more money in their pockets, more economic opportunity and security, and more jobs here at home. This proposal is years in the making. It is the product of dozens of hearings over a perio… Continue Reading


11.07.17

McConnell On Meeting With Jay Powell

WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) released the following statement after meeting with President Trump's nominee for Chair of the Board of Governors of the Federal Reserve System, Jay Powell: "I enjoyed our meeting and learning more about Jay's vision for the Federal Reserve and our nation's monetary policy as our economic recovery continues. We also discussed ways to help make the Fed more transparent and accountable to Congress and the public. I look forward to s… Continue Reading


11.02.17

McConnell Statement on Jerome Powell

WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) released the following statement regarding the president's intention to nominate Jerome Powell to serve as Chair of the Board of Governors of the Federal Reserve System: "I'm encouraged by President Trump's choice of Jerome Powell to lead the Federal Reserve during this economic recovery. We need a more transparent and accountable Fed, and Jerome has indicated the same. I look forward to discussing Jerome's vision for the Fed and … Continue Reading


11.02.17

McConnell Statement on the Tax Cuts and Jobs Act

WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) released the following statement regarding the Tax Cuts and Jobs Act that was released by the House Ways and Means Committee today: "Today, the House of Representatives took a big step forward in our effort to help provide the American people with a robust economy that reaches for its full potential: that puts more money in middle-class pockets, that produces better jobs for workers, that secures more opportunity for our children.… Continue Reading


10.26.17

‘We Have A Once-In-A-Lifetime Opportunity To Replace A Failing Tax Code’

WASHINGTON, D.C. - Senate Majority Leader Mitch McConnell (R-KY) released the following statement regarding House adoption of the budget for Fiscal Year 2018: "I want to thank Speaker Ryan and House Republicans for taking this important step to help us achieve tax reform for hardworking Americans by passing this budget. This is a comprehensive, fiscally-responsible budget that will help put the federal government on a path to balance. It went through committee and includes provisions from both … Continue Reading


10.18.17

Tax Reform For The Middle Class

Sen. McConnell: 'Taxes Should Be Lower, Simpler And Fairer For Middle-Class Workers' SEN. DEAN HELLER (R-NV): "Our middle class has suffered under an outdated and unfair tax code that discourages job creation and makes it harder for Nevadans, and people all across America, to get ahead. … And now, we have a prime opportunity to do that and provide relief to the Americans who have been waiting for a fairer, simpler tax code. To me, relief means letting the middle class keep more of their … Continue Reading


06.25.17

Senators Discuss Better Care

Senate Discussion Draft Will 'Free The States And Free The Marketplace To Discover Ever-Better Ways To Deliver Services' SENATE MAJORITY LEADER MITCH McCONNELL: "We've long called for a better way forward…. These shared policy objectives and the solutions to help achieve them are what make up the health care discussion draft." (Sen. McConnell, Floor Remarks, 6/22/2017) It helps stabilize collapsing insurance markets that have left millions of Americans with no options. It frees the A… Continue Reading


12.06.16

Majority Leader McConnell’s Statement on Steven Mnuchin

WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell released the following statement after meeting with President-elect Trump's intended nominee for Secretary of the Treasury, Steven Mnuchin: "It is time to get serious about the problems families and businesses large and small across the nation face. Whether it is the urgent need for tax reform or wide-ranging regulatory relief, we will need someone like Steven working with both parties in Congress to make it happen. His private sect… Continue Reading


12.06.16

Majority Leader McConnell’s Statement on Wilbur Ross

WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell released the following statement after meeting with President-elect Trump's intended nominee for Secretary of Commerce, Wilbur Ross: "As our chief business advocate, I know Wilbur will use his decades of experience to put American jobs in the best position possible to flourish at home and American-made products in the best position to flourish abroad. Turning our economy around will be a team effort and this is another great additio… Continue Reading


03.21.16

McConnell Letter to Governors: Court-Mandated Halt of Administration’s Anti-Coal Regulation Shows Merits of ‘Wait and See’ Approach

WASHINGTON, DC - U.S. Senate Majority Leader Mitch McConnell wrote to the nation's governors today regarding the Supreme Court's recent nationwide stay of the Obama Administration's so-called "Clean Power Plan" (CPP) - a massive regulatory plan that will not have a meaningful impact on global emissions but will punish states' most vulnerable citizens and ship middle-class jobs overseas. The letter follows one he sent governors in March 2015, urging them to carefully review the consequences of t… Continue Reading


01.11.16

Former Kentucky Coal Miner to Attend State of the Union as Guest of Senator McConnell

WASHINGTON, D.C. - U.S. Senate Majority Leader Mitch McConnell announced today that a 4th-generation coal miner, Howard Abshire of Pike County, Kentucky, will be his guest at the President's State of the Union address on Tuesday. Mr. Abshire, who lost his job at Fortress Resources, McCoy Elkhorn Division, after the mine shut down, is temporarily employed in eastern Kentucky working to remove mining equipment from closed mines. "I am honored that Howard accepted my invitation to attend the Presi… Continue Reading

Showing page   of 2