A look back at President Trump’s first year in office
Posted on January 26, 2018 15:32 pm CST
By Congressman Billy Long,
On January 20, 2017, President Trump was sworn into office and became the 45th president of the United States. We’re only a year into his presidency, and President Trump has already delivered on numerous promises, including improving our economy, cutting regulations and holding our government accountable. As one of his first supporters, I knew even before day one that unlike other candidates, President Trump was going to do a lot more than just talk – he was going to deliver.
Under President Trump, the U.S. economy is booming. This momentum has created more jobs and lowered our national unemployment rate. In 2017, more than 2 million jobs were added to the economy and as of December, the unemployment rate was at 4.1 percent, which is the lowest it’s been in years. However, jobs added to the economy and the unemployment rate aren’t the only areas of our economy in which President Trump is having success. Last year, both the House and the Senate passed H.R. 1, the Tax Cuts and Jobs Act. This bill, which was signed into law, provides $5.5 trillion in tax cuts, with 60 percent of those tax cuts going to families. So far, the results have only been positive with more than 2.6 million people getting pay raises or bonuses from their employers.
But taxes aren’t the only thing going down, so are regulations. So far in 2017, President Trump cut, delayed or streamlined over 1,500 regulations resulting in savings of $8.1 billion. These rules and regulations, which cause more harm than good, cost money and hinder job growth. After taking office, President Trump signed a Presidential Order stating for every new regulation, two must be eliminated. However, he eliminated even more than that. In 2017, for every new regulation there were 22 deregulatory actions.
Similar to the economy and overregulation, government accountability was also put on the backburner by previous administrations. From the get-go, President Trump made a promise to the American people that their tax dollars would be spent wisely, and the government would be held accountable for its promises. So far, he’s kept his word by ending abusive practices implemented by past administrations and nominating strong, conservative judges.
The administration has set out to have an even better 2018, which I have no doubt it will be. I look forward to this trend continuing over the coming years. The American people deserve a government that works for them rather than against them. President Trump is doing just that.