On the recordJune 27, 2018
I rise today to highlight the 6-month anniversary of the Tax Cuts and Jobs Act. I would like to illustrate what it has meant to the people of West Virginia since President Trump signed this into law. I will speak in a larger sense, as well, regarding what a difference it has made in this country. We see it in the news every single day, and the benefits are really undeniable. Since Congress passed tax reform, we have seen incredible job creation--more than 1 million jobs, to be exact. We have seen unemployment drop to historic lows and wages are on the rise. Our small businesses and their employees are feeling optimistic again. When I travel throughout the State and visit our small businesses, there is a real hop in the step of those small business owners and those who work there because of their increased business, because of their ability to expand, and other things that they have wanted to do for years. So it really has been an incredible transformation. Only a few days ago, a ``CNBC News'' survey showed that 54 percent of Americans say the economy is ``good or excellent''--good or excellent. That is the highest percentage that has ever been recorded in the 10 years that CNBC has been doing the survey. But even more important are the number of stories that I have heard of what has transpired since we did tax reform. In letters, in meetings, and everywhere around town, I have heard from West Virginians who are feeling the positive effects of tax reform.…
Source
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