Tax Reform

Floor Speech

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Mr. McCONNELL. Madam President, on a different matter, it is becoming a historic year for favorable economic news. There are plenty of ways to measure how American workers, job creators, and entrepreneurs are writing a new chapter.

After nearly a decade of stagnating pay and vanishing opportunities, recent months have brought remarkable milestones. Optimism among American small businesses has reached its highest level since President Reagan's first term. Sixty-seven percent of Americans believe that now is a good time to find a quality job in the United States--the highest percentage in 17 years of Gallup polling. Just last month, a manufacturing industry measure reported growth in 17 out of 18 sectors, from textiles to precision technologies.

It is no surprise, then, that the National Association of Manufacturers found last month that a record-high 95.1 percent of American manufacturers have a positive view of their company's outlook.

What do these numbers mean to real workers on the floor of American factories? At Mack Molding, an injection molder and contract manufacturer, with locations in Statesville, NC, and Arlington, VT, it means a $5.4 million investment in facilities with preparations to hire 100 new workers. At Sabel Steel, based in Montgomery, AL, it means large pay raises for most of the company's 230 employees and new, more efficient equipment at facilities across the South. Both companies credit last year's historic tax reform law with helping make their 2018 success possible.

Our Democratic colleagues can talk all they like about repealing middle-class families' and job creators' historic tax cuts and sending that money back to Washington instead, but this united Republican government is proud of the new prosperity they are building. We will not let the Democrats take away their tax cut.

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