State of the Union policy goals builds on momentum of historic tax reform measure passed by Congress
WASHINGTON –Idaho Senator Mike Crapo, Chairman of the Senate Banking, Housing, and Urban Affairs Committee, and a senior member of the Senate Finance Committee reacted to the policy proposals outlined in President Trump’s first State of the Union address:
“This evening, the President outlined an optimistic and ambitious agenda. It will build on the momentum of the tax reform measure passed by Congress in December, which is already providing relief for all taxpayers, with the greatest relief going to those in the lower and middle-income tax brackets. Since the passage of tax reform, millions of workers have already received tax cuts and pay bonuses – including many Idahoans.
“To keep the nation moving forward, the President addressed the need to expedite project delivery as we modernize American infrastructure. Transportation infrastructure has been a longstanding bipartisan issue and I intend to continue that tradition and conversation about how we keep our nation moving as Chairman of the Senate Banking Committee.
Sen. Crapo reacts to the President’s State of the Union. Click on the video to view his remarks.
“The President also addressed the need to keep our business community competitive in an ever-increasing global economy. In addition to tax reform, in his first year, President Trump worked with Congress to eliminate overly burdensome regulations at a rate greater than any other administration, and tonight he re-committed to that effort of clearing out the mess of federal overregulation that has crippled our economy for far too long. I appreciate the President’s call to continue reducing unnecessary regulation to keep our competitive advantage. Maintaining a strong economy will benefit all of Idaho’s communities and businesses. A robust, unrestrained economy, along with continuing our role as a leader in producing and innovating in energy, benefits Idaho industries such as Idaho National Lab, which employs thousands of Idahoans and leads the research that is powering our nation and our world. Reduced regulation will ensure companies and enterprises of all sizes to keep Idahoans working, researching, and developing solutions to our biggest challenges.
“Finally, President Trump talked about the need to rebuild and strengthen our military readiness for any mission, the ongoing fight to eliminate ISIS and terrorist acts both within and outside our borders. Idaho’s women and men at Mountain Home Air Force Base and Gowen Field deserve our assurances that we will provide them the resources they need to accomplish any mission. The President also sent a strong message about stopping the aggression exhibited from North Korea, a sentiment that has been echoed by Congress. To that end, the Banking Committee has approved legislation designed to stop and deter the dangerous aggression exhibited from North Korea.
“I look forward to working with President Trump, the Administration, and my colleagues in Congress to continue building upon our successes of the last year, and to fulfill the President’s goals of making America stronger, safer, and prouder.”
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