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Trump Tax Cuts Results, Part Two: Fairer Taxes

October 06, 2020 — Blog

The Tax Cuts and Jobs Act, championed by President Trump and congressional Republicans, spurred a boom in economic growth that took Americans off the sidelines and got them back to work. Thanks to these reforms, our economy doesn’t have to strain under a tax code from 1986, but will recover with a modern, dynamic tax code that promotes growth. FAIRER ...

Trump Tax Cuts Results, Part One: More Jobs and Investment

October 05, 2020 — Blog

The Tax Cuts and Jobs Act, championed by President Trump and congressional Republicans, spurred a boom in economic growth that took Americans off the sidelines and got them back to work. Thanks to these reforms, our economy doesn’t have to strain under a tax code from 1986, but will recover with a modern, dynamic tax code that promotes growth. MORE JOBS ...

Americans’ Leadership in Medicine Manufacturing Can Stop the Next Pandemic: Former FDA Commissioner

October 05, 2020 — Blog

Former Head of the Food and Drug Administration and National Cancer Institute, Dr. Andrew C. von Eschenbach, recently praised the efforts of Ways and Means Committee member Dr. Brad Wenstrup in an op-ed for Morning Consult.   “COVID-19 has emphasized an urgent need to modernize how we manufacture medicines. Americans would benefit most from improving how we ...

This Week in Economic News: September 28 – October 2, 2020

October 02, 2020 — Blog

Employment Situation Economy Added 661,000 Jobs During September Over half of jobs lost from COVID-19 have been recovered. Nearly 900,000 private jobs were created, most of which were in the service industry. More workers are confident that they can find a better job as the number of job ...

FAQs on Claims Regarding President Trump’s Tax Returns

October 02, 2020 — Blog

Here are the facts to help you understand the media coverage of a purported leak of the President’s tax return information. Context matters. HEADLINE MESSAGE There’s absolutely no independent confirmation the New York Times story is true. The Trump Organization said that “most, if not all, of the facts appear to be inaccurate.” The President has stated he paid ...

ICYMI: REP. REED, WAYS & MEANS REPUBLICAN LEADER KEVIN BRADY: WORKING TOGETHER, WE CAN CREATE AN ENVIRONMENT FOR MANUFACTURING TO FLOURISH

October 01, 2020 — Blog

WASHINGTON, DC -- This week, Rep. Tom Reed was joined by Ways and Means Republican Leader Kevin Brady for a robust discussion on a host of tax and trade issues, including the Paycheck Protection Program, payroll taxes, the significance of USMCA, and opportunities to boost domestic manufacturing. The talk was part of Rep. Reed’s 6th annual Manufacturing Summit -- a week-long event to connect ...

This Week in Economic News: September 21 – 25, 2020

September 25, 2020 — Blog

New Home and Existing Home Sales New and Existing Homes Reach Highest Levels Since 2006 New home sales skyrocketed to a seasonally adjusted annual rate of over 1 million homes – a level not seen since September 2006. Existing home sales jumped to a seasonally adjusted annual rate of 6 million – ...