If we treat that entire insurance company as if it were a bank, we are only increasing the cost to every single policyholder.
Tim Scott
The Public Record
Tim Eugene Scott is an American politician and businessman currently serving as the junior United States senator from South Carolina, a position he has held since January 2, 2013. He is a member of the Republican Party and was previously a United States Representative from May 5, 2011, to January 2, 2013. Scott is known for his focus on issues such as economic opportunity, education reform, and community development. He has been a vocal advocate for updating infrastructure and addressing the needs of senior citizens in his state.
I favor an activities-based approach to nonbank SIFI designations and more clarity around what gets you designated and what gets you de-designated.
It has a negative impact on savers and particularly seniors on a fixed income.
Congress says to seek maximum employment and stable prices, no more, no less.
The unemployment rate is at 3.9 percent. Wages have increased over the last year by 2.9 percent, the highest increase since 2009.
In fact, they recently said that tax reductions for small businesses will increase after-tax returns on investment and boost investment by pass-through businesses.
For example, Opportunity Zones, established in a measure proposed by Senator Scott, draw investment to Americans in impoverished regions of the country.
Another part that came from a bipartisan coalition of Senators--from Senator Coons to Senator Booker to myself, all supportive of the Investing in Opportunity Act, which was a part of the tax package--provided Opportunity Zones to be…
Create jobs--since the passage of the tax reform act, we have seen over 600,000 jobs created put upward pressure on wages.
Restore American competitiveness--moving from 35 percent to 21 percent provides our companies with a greater opportunity to succeed in a global economy.
Our goals on tax reform last year were many. One was to spur economic growth. We did that; the last couple of quarters we were significantly higher than we saw in the last decade.
We doubled the Child Tax Credit and expanded its refundability--again, another bipartisan proposal my colleagues could never seem to get passed into law.
We made sure the law creates proper incentives. We made our international tax system a territorial one, ensuring that American companies are more competitive overseas and encouraging them to bring earnings and investments back home.
Opportunity Zones, established in a measure proposed by Senator Scott, draw investment to Americans in impoverished regions of the country.
The regulatory burden that is placed upon really the policyholders through additional cost should be appropriate for the risk profile that those firms actually have.
I think the importance of goods in this conversation cannot be emphasized enough.
If you are two African-American Conservative women, sharing your somewhat colorful, but ultimately harmless opinions, I would like to think that is okay for the community.
This would appear to be the height of liberal hypocrisy. Facebook's support of freedom of speech seems to only include liberal speech.
What is it about two Black women espousing their support of the President of the United States that makes them unsafe for the community?
I really appreciate your panoramic view of the whole person and looking for ways to move folks toward self-sufficiency.
Part of the legislation that you mentioned, 2155, is my Family Self-Sufficiency Act. That has a pathway to a better future.





