On the recordMay 14, 2019
Madam President, when Republicans took office at the beginning of the 115th Congress, we had one goal in mind, and that was to make life better for American families. We knew that American families were struggling. Recovery from the great recession was long and slow. Economic growth was sluggish. Wages were stagnant. Too many families were living paycheck to paycheck. American families needed relief, and Republicans were determined to give it to them. That is why we made getting our economy going again a priority. We knew that our economy needed to do a lot better if American families were going to start doing better. A strong economy is the key to getting Americans access to the jobs, wages, and opportunities they need to thrive. So we took action. We eliminated burdensome regulations that were acting as a drag on economic growth, and we passed a historic reform of our Tax Code to put more money in Americans' pockets and to get our economy going again. We cut tax rates and doubled the child tax credit, and in 2018 the average family of four saw a tax cut of more than $2,000. We lowered tax rates for businesses, expanded business owners' ability to invest in their operations and their workers and made American businesses more competitive in the global economy. We are seeing the results. Job creation is up. Wages are growing at the fastest pace in a decade. Personal income is up. Unemployment is at the lowest level in 50 years.…
Source
govinfo.gov




