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.
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.
Last week, Congress responsibly fulfilled its most fundamental duty to the American people by funding some of the nation’s most critical and pressing needs. The legislation signed into law by the president not only provides funding to strengthen and support our national defense, but it ensures vital programs and initiatives that serve all Americans can continue to do so effectively.
“Seventeen years ago I was in Washington D.C. the day of the 9/11 attack on America. While I was not a member of Congress, I was sitting in the offices of the US Chamber of Commerce looking directly at the White House across Lafayette Square. Gathered with my colleagues and others we turned on our television just in time to see the second plane crash into the twin towers.