John Rutherford: “It is my honor tonight to host my colleagues from the great State of Florida to highlight the successes we have seen…”

“It is my honor tonight to host my colleagues from the great State of Florida to highlight the successes we have seen since passage of the Tax Cuts and Jobs Act. With job growth, wages, and labor participation all up since the passage of this bill, hardworking Americans and businesses are already experiencing the many improvements that are the result of these reforms to our Tax Code. In its April report, the U.S. Labor Department announced that the unemployment rate dropped to 3.9 percent, the lowest level we have seen, Mr. Speaker, in 18 years. The tax cuts and simplification of our Tax Code that we passed only a few months ago, along with our President's regulatory reforms and progrowth policies, are creating jobs and restoring confidence in America's economy. Mr. Speaker, earlier this month, we celebrated National Small Business Week to recognize the importance of small businesses across the country. Small businesses are the backbone of the economy and create millions of jobs to help Floridians and Americans pursue a better future for themselves and for their families. The Tax Cuts and Jobs Act is working for small businesses. According to the National Federation of Independent Business, small businesses are the most optimistic that they have been in nearly three decades. This is no surprise. The reforms in this bill have dramatically improved the way that small businesses are treated under the Tax Code, unleashing hundreds of billions of dollars in tax cuts.…”