On the recordApril 24, 2018
Mr. Speaker, I rise today to tell you that the Tax Cuts and Jobs Act is working. It is working in South Carolina's Fifth Congressional District, and it is working across the country. It is working for individuals and families who are seeing more money in their paychecks each month, and it is working for the companies that are investing the savings from tax reform into their employees. Over the past few weeks, I have spoken with and visited the businesses of South Carolina that are putting these savings right back into the local communities. Early this month, LPL Financial announced that they will be investing these savings into their employees by increasing its 401(k) match to 75 percent and reducing the time for new hires to qualify for this match by 6 months. As Congressman Wilson said, this personally touches 2,000 constituents in the Fifth District of South Carolina. That is 2,000 more families that now have a greater opportunity to save and see the light of a brighter future ahead. Mr. Speaker, just today, I visited a UPS store in Gaffney, South Carolina. Because of tax reform, UPS has announced over $12 billion in investments and an increase in pension funding. During my UPS visit, I put on a uniform and assisted a delivery driver during a ride-along. I heard directly from the hardworking employees about how this news will impact them and all of their loved ones. I don't think I speak just for myself when I say that we want jobs to come and stay in America.…





