On the recordJanuary 17, 2018
Mr. President, the last 3 weeks have shown us the beginning of what happens when Congress listens to the American people and delivers on our promises. For years, we have been talking about real, lasting tax reform-- helping American families bring more of their hard-earned money back home in their paychecks and ensuring that the jobs of the future are created here at home in America. Last month, we started reaching those goals, and just 3 weeks since we passed tax reform, more than 2 million Americans have received bonuses in their paychecks, and hundreds of thousands of employees have been informed that they will have permanent pay increases or increased benefits. Right after Christmas, in my home State of South Carolina, Nephron Pharmaceuticals announced that 640 employees will receive a minimum of a 5-percent raise. This is good news. The raise is due to the passage of tax reform. In other words, 2 million Americans all across the country--thousands of Americans in South Carolina--are starting to see the fruit of tax reform. This is just the beginning. In fact, all across the country, more than 160 companies have already begun the steps of improving the lives of their employees by allowing them to share in the benefits of tax reform. This is counter to what we heard on the floor for days and weeks and I would dare say for months, when folks railed about how the corporations and the companies and the employers of America simply would not share the benefits of lower taxes.…





