Jobs and Economic Growth
More on Jobs and Economic Growth
May 30, 2019 Press Release
This solution recognizes our dire fiscal health by reducing foreign aid and putting America and American recovery efforts first. As the President has said on multiple occasions, we must prioritize our domestic needs first and put American citizens at the front of the line, especially since they foot the bill.
The program offers capital gains tax relief to investors for new investment in designated "Opportunity Zones." On average, the median family income in an Opportunity Zone is 37 percent below the State median. Opportunity Zones are anticipated to spur $100 billion in private capital investment.
October 16, 2018 Press Release
On the same day we learned that our economy has hit a record 7.136 million job openings, even more opportunities are being created in our community. I am pleased to be in Timberlake today celebrating the creation of 380 new jobs and $35 million being invested in Person County.
"North Carolina families are winning again and we want to continue the momentum. Tax Reform 2.0 will provide our families and local employers more certainty, solidifying lower taxes, a permanent doubling of the Child Tax Credit and the first-ever Paid Family Leave Credit, while lowering the share of the tax burden for middle-income workers and raising it for millionaires."
Looking at the MTB petitions that make up the Miscellaneous Tariff Bill (MTB) Act of 2018, one thing is clear, North Carolina is a big winner. Of those 333 petitions, 19.75%, are manufacturers in North Carolina, more than any other state. That represents a savings of $71 million in 2018, also the most in the nation.
"Whether it is Japanese companies laying roots in Lee County, or national brands making significant investments in east Greensboro, it’s clear that our economy is roaring back and creating new opportunities for our families. While we still have far to go, we are restoring the chance of the American Dream."
July 27, 2018 Press Release
Looking at the MTB petitions that make up the Miscellaneous Tariff Bill (MTB) Act of 2018, one thing is clear, North Carolina is a big winner.
The House passes the farm bill to authorize federal agriculture, conservation, and nutrition programs under the Department of Agriculture until 2023, make critical reforms to encourage work for benefits, and provide access to job-training programs.
May 22, 2018 Press Release
The House just passed the Economic Growth, Regulatory Relief, and Consumer Protection Act to reduce government overreach in the financial services sector, easing some of the overly burdensome regulatory framework of Dodd-Frank.
"Helping our North Carolina farmers through trade means removing barriers, opening new markets and ensuring a level playing field. When we get government restrictions and bad policies out of the way, our premier North Carolina products can shine and our people can thrive. I applaud President Trump and the administration for working to open the Argentinian market to our pork producers."