04.11.19

Thanks to Republican Pro-Growth Agenda, Americans are Experiencing a Remarkable Economic Moment

‘More than a year since a generational overhaul of the federal tax code lifted burdens from American job creators, entrepreneurs, and working families, the headlines are continuing to pour in. And with Tax Day just around the corner, millions of working families have filed for the first time under a law that has allowed -- according to nonpartisan analysts -- the vast majority of Americans to keep more of their own money.’

WASHINGTON, D.C. – U.S. Senate Majority Leader Mitch McConnell (R-KY) made the following remarks on the Senate floor regarding the benefits Americans continue to see from the Republican pro-opportunity, pro-worker agenda:

“Over the past year or so, I’ve dedicated a large part of my time here on the floor to discussing the performance of the U.S. economy. And at no point have I struggled to find things to say. Seemingly every day, we’ve been greeted by headlines that tell the same story: under the policies of a pro-growth, pro-opportunity Republican agenda, Americans are experiencing a remarkable economic moment.

“More than a year ago, I mentioned on the floor that weekly jobless claims had reached their lowest level since 1969. And last week, the Labor Department reported that by this measure, the U.S. economy had set another new record. What was already a nearly 49-year low has now dipped further to a nearly 50-year low. My colleagues and I have been busy highlighting the American stories behind these numbers -- stories of recovery and prosperity being written in all sorts of communities, in all corners of America.

“More than a year since a generational overhaul of the federal tax code lifted burdens from American job creators, entrepreneurs, and working families, the headlines are continuing to pour in. And with Tax Day just around the corner, millions of working families have filed for the first time under a law that has allowed -- according to nonpartisan analysts -- the vast majority of Americans to keep more of their own money. They’ve pocketed higher take-home pay, wage increases, special bonuses. And they’ve benefited from the booming job market that these policies have helped ignite.

“But old habits die hard. And the Washington Democrats who were content to watch as the Obama era piled up 75 percent of new jobs and 90 percent of population growth to the biggest metropolitan areas are back to their same old tricks. In recent months, we’ve seen a steady drip of leftist daydreams making their way into press conferences, resolutions, and the 2020 primary campaign trail.

“A massive rewrite of American election laws and a power grab on individuals’ right to exercise political speech. A mandatory, one-size-fits-all, government-run replacement for the private healthcare over 180 million Americans have chosen to fit their needs. And an estimated $93 trillion in taxpayer dollars to be spent testing out new federal social planning schemes and abolishing the affordable energy sources American families rely on.

“Tax Day seems like an especially fitting day to tell Washington Democrats, ‘No, thanks.’ The Kentuckians I represent will prefer to keep more of their own hard-earned money. They prefer to make their own decisions for their own families instead of ceding more power to bureaucrats.”

Related Issues: Labor, Taxes, Jobs, Economy, Tax Reform