July 2, 2018
Pulse of American economy is strong thanks to better policy
In an op-ed featured in today’s The Hill, American Action Forum President Douglas Holtz-Eakin explains how better policy actions, such as the Tax Cut and Jobs Act, have resulted in a strong U.S. economy. See excerpt below:
“The Obama administration finalized more than one costly regulation, on average, every day, imposing a cumulative cost of $890 billion on the economy, according to an analysis by the American Action Forum. The Trump administration added a mere $5 billion to this total in fiscal 2017 and plans to reduce costs by $9 billion in fiscal 2018. Similarly, the Tax Cuts and Jobs Act reversed dangerous incentives in business taxation, encouraging firms to innovate, invest, and produce in the United States.”
Click here to read the full op-ed.