On the recordJanuary 30, 2018
Today is State of the Union day, and it is an opportunity for the Nation to hear from the President on the progress we have been making and the challenges that lie ahead. One thing I am looking forward to is hearing about how the Tax Cuts and Jobs Act and the regulatory reforms we have seen over the past year are causing our economy to roar back to life, creating more jobs and putting more money in people's pockets. Fifty-five years ago, President Kennedy delivered a State of the Union that recognized the power of tax cuts that put money back into the private sector. Talking about the economy, President Kennedy said: ``To achieve these greater gains, one step, above all, is essential . . . a substantial reduction and revision in Federal income taxes.'' I am glad President Trump and Congress have followed President Kennedy's and President Reagan's model. The economic revival happening today is not only lifting incomes, it is what is going to generate the tax revenues that will help us meet the challenges that lie ahead. That is something for all Americans to celebrate. ____________________





