On the recordFebruary 7, 2018
Mr. President, I rise today to speak in support of--and to share a sample of--the positive results my State of Indiana is already experiencing as a result of tax reform. Hoosiers like Chelsee Hatfield, who accompanied me at the State of the Union address last week, are already seeing the benefits of this historic tax overhaul. Chelsee is a young mother of three. She is a teller at a rural branch of First Farmers Bank & Trust Company in Tipton, IN. Chelsee recently learned that she is going to receive a raise and a bonus as a result of tax reform. This additional income will help Chelsee go back to school and earn her associate's degree. It is also going to enable her to put money away for her children's college education. First Farmers Bank & Trust is also investing $250,000 per year--per year--in community development in the small rural communities where they serve businesses and individuals. Moreover, First Farmers is going to invest $150,000 per year in employee development. This is just one company throughout the State of Indiana, and we are seeing all sorts of stories like this already emerging. Chelsee and the employees of First Farmers Bank & Trust represent so many regular Hoosiers who work in small towns and in our large cities, and they are going to see real benefits, substantial benefits, for themselves and their families. As a result, the entire State and country, of course, will benefit as well.…
Source
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