Republican Agenda Has Wages, Opportunities, and Prosperity Growing Again
‘We’ve cut job-killing red tape and passed historic tax relief for middle-class families, workers, and job creators. And it’s delivering results for Americans whom the Obama economy left behind. I hear frequently from workers and small business owners in my home state of Kentucky about how lifting these burdens is changing their lives.’
WASHINGTON, D.C. – U.S. Senate Majority Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the benefits Americans across the country continue to see from tax reform:
“For the last several weeks, we’ve focused on the contrast between the economic policies that my Democratic colleagues favor and the policies this Republican president and Republican Congress have put into effect. Under nearly a decade of Democratic leadership, the American people saw slow and insufficient growth. For most workers in most industries, significant wage growth was nearly nonexistent, and new opportunities were few and far between. And the new prosperity that was created was spread unevenly across the nation.
“Metropolitan areas with more than a million residents did okay under Democratic policies. Big cities captured nearly three-quarters of the limited job growth, and more than 90 percent of population growth, between 2010 and 2016. But the rest of America fell farther and farther behind. Year after year, rural America, suburban America, small-town America, and smaller cities across the country saw almost no progress. That is not a record to be proud of -- and it’s not one that Republicans would stand for.
“That’s why we’re implementing an inclusive opportunity agenda to get wages, opportunities, and prosperity growing again for all Americans. We’ve cut job-killing red tape and passed historic tax relief for middle-class families, workers, and job creators. And it’s delivering results for Americans whom the Obama economy left behind. I hear frequently from workers and small business owners in my home state of Kentucky about how lifting these burdens is changing their lives.
“And I recently heard from Senator Grassley about the good things tax reform is doing in the state of Iowa. In Cushing, Iowa -- population 220 -- the Anfinson Farm Store is using the new tax code to raise worker wages and give employees bonuses. Across the state, the 162 full-time manufacturing workers at Dyersville Die Cast are receiving their own tax reform bonuses. And Iowa families will see lower heating and cooling bills, since tax reform is letting the state’s utility companies deliver $147 million in consumer savings. Iowans should be proud that both of their U.S. Senators voted for the historic reform that made all this possible.
“South of the border, in Missouri, it’s a different story. There, too, tax reform is a big win for working families and small businesses. From big employers like Walmart to local businesses like Mid-Am Metal Forming, Missouri workers are reaping the benefits. But unfortunately, only one of Missouri’s senators voted for it. The state’s senior senator voted on strict party lines to block these historic tax cuts from reaching workers and families.
“Maybe my Democratic colleagues still prefer the left-wing policy playbook that funnels jobs and prosperity into the biggest and richest cities, but does very little for states like Missouri and Iowa. I’m proud Republicans are taking things in a different direction -- and all kinds of Americans are doing better because of it.”
Related Issues: Economy, Middle Class, Tax Reform, Taxes