On the recordMay 7, 2018
I want to thank the gentleman from Kentucky for organizing this evening and talking about how the Tax Cuts and Jobs Act is helping the hardworking people of Tennessee. I think we all know that, in December, with President Trump's strong support, this Congress passed the first major reform of our Tax Code in 31 years. We all knew that bringing these historic changes to the Tax Code would improve the quality of life for Tennesseans and millions of Americans. Quite frankly, the Tax Code is simpler and fairer to everyone. Jobs are being created, and paychecks are bigger. We are all enjoying a robust economy that is the best it has been in a long time. Just last week, in my district in west Tennessee, in the Eighth Congressional District of Tennessee, two major announcements were made in my district. In Lake County, Excel Boat Company announced they will be opening a manufacturing plant that will bring 200 good-paying jobs and a total economic development investment of $9 million. Additionally, in my district, a South Korean manufacturer announced a $13 million investment in Martin, Tennessee, and 220 job opportunities at the company's first United States-based location. Prior to that, just 1 month after the passage of the Tax Cuts and Jobs Act, FedEx announced an investment of more than $200 million to raise wages for their employees.…





