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Ensuring Lasting Benefits from Tax Reform
Since the Tax Cuts and Jobs Act was passed by Congress and signed into law by the president, the country has undoubtedly been better off as a result. Wages are steadily on the rise, unemployment has reached its lowest level in nearly 50 years, jobs are being created and the economy is booming.
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Throughout our history, hundreds of thousands of brave men and women have answered the call to serve in the United States military. For those who volunteer, this choice comes at a cost unlike any other. But it is because of their willing service and sacrifice on our behalf that we get to enjoy the benefits of living in a safe and secure nation.
In too many communities across the nation, opioid addiction has destroyed and claimed lives, causing unexpected grief and loss for families. Without question, opioid abuse is a very real and rampant health crisis and one that is impacting individuals from all walks of life.
Following the recently ended fiscal year, it was reported that the federal government’s budget deficit increased significantly compared to the previous year. While this is certainly discouraging news, the existence of a deficit is not surprising or unusual. Critics are of course quick to blame the implementation of tax reform as the chief contributor to the recent deficit.