Dec 27, 2017
A Look Back on 2017 & Look Forward to 2018
Post by Freedom Partners
As we prepare to ring in the New Year with celebration, we’d like to take a minute to reflect on the past year and our work with the administration and Congress to advance freedom focused reforms that unleash greater opportunity for all Americans. It is also a time to lay out our vision for the year ahead, looking towards what we hope to accomplish.
Pro-Growth Tax Reform
At the close of this year, we saw Washington take a historic step forward by reforming our broken, outdated and burdensome tax code. The Tax Cuts & Jobs Act, while not perfect, goes a great way towards re-energizing our economy, fueling job growth and making businesses more competitive. Under the new law, Americans will take home bigger paychecks and achieve greater financial security to save and invest in their future.
We look forward to seeing robust economic growth in the coming year as a result of tax reform. Companies, such as AT&T, FedEx, Comcast, Wells Fargo, and Fifth Third and Boeing, have already announced billions in new investment in their business operations and workforce due to the pro-growth changes to our tax code. We hope to see this trend continue in the long term as more U.S. businesses begin to plan for the future under a simpler, fairer and more competitive tax code.
History proves that bold tax relief will benefit all Americans. Tax cuts under presidents Kennedy, Reagan and Bush resulted in strong economic growth, billions of dollars more in federal revenue, thousands of dollars more in take home pay and millions more jobs Americans deserve. In fact, the IRS recently confirmed that Americans will begin seeing the results of lower taxes by early 2018 in the form of bigger paychecks.
While the tax reform bill is a significant improvement, there are still many egregious examples of corporate welfare and special interest carve outs contained in our tax code, rigging the system against ordinary Americans. Freedom Partners will continue working with lawmakers to restore fairness to our tax system so that it benefits everyone — not just the well-connected who can afford to pay the lobbyists and lawyers.
Repealing Harmful Obama-Era Regulations
Kicking off 2017 and the start of President Donald Trump’s administration, Freedom Partners released A Roadmap to Repeal, a guidefor removing of regulatory barriers to opportunity. This year, President Trump and the 115th Congress had a unique opportunity to provide relief from harmful regulatory burdens that have far reaching consequences. Under President Obama, over 600 major regulations were added to the Federal Register at costs exceeding $700 billion.
With so many barriers to opportunity towering over hardworking Americans, President Trump and the Republican Congress got to work right away to remove these job-crushing regulations as soon as possible. The Trump administration and lawmakers made tremendous progress by issuing 22 deregulatory actions for every one new regulation and achieving $8.1 billion in lifetime net regulatory cost savings. We look forward to continuing our work with the administration and Congress to repeal even more of these overreaching rules.
President Trump began his presidency with a federal judicial vacancy crisis and Senate Democrats were holding up the confirmation process for overt political reasons. Freedom Partners and our network were vocal in urging the left to stop their judicial obstruction and clear the way for qualified nominees to fill these empty seats. We were ardent supporters of Judge Neil Gorsuch’s nomination to the Supreme Court.
A Look Forward to 2018
Educating Americans on the Benefits of Tax Reform
Joining with Americans for Prosperity, The Libre Initiative, and Generation Opportunity, Freedom Partners will be participating in a full scale nationwide education campaign that will demonstrate the tremendous benefits of pro-growth tax reform, and show how this plan is directly helping Americans improve their lives. This top Network priority and will launch in early 2018 and be a sustained effort through the year. Our goal is to make certain that the American people understand how pro-growth tax reform personally benefits them, and learn how to see through the misinformation being spread by high-tax supporters.
Criminal Justice Reform
We continued to push for reforming American’s criminal justice system in 2017. Freedom Partners’ Chairman Mark Holden participated in several events focused on the issue and spoke out about how policy can work to begin to fix our broken two-tiered justice system that “provides the rich and connected far better treatment than the poor.” This is an important issue for our nation as it concerns the safety and well-being of all its citizens, and we hope to push for further reform to the system in 2018.
Another important issue for Congress to tackle this new year is ensuring that the “dreamers” – children of undocumented immigrants working in the United States, can stay and work in the United States. This issue is a political, economic, and moral one, and the future of many hangs in the balance. It’s time for our lawmakers to show the “dreamers” that the United states welcomes their contributions to our society and will welcome them here through passing Deferred Action for Childhood Arrivals.
Right to Try
Early next year, the House has an important chance to give thousands of terminally ill patients and their families hope by passing Right to Try legislation. Right to Try policy would allow terminally ill patients who have exhausted all available Food and Drug Administration approved medicine and treatments to be able to access experimental treatments to try and save their own lives. This legislation was already passed by the Senate, and while it is law in 38 states, it awaits passage at the federal level. Now is the time to offer these patients in need the chance to save their own lives.
Building on the hard work of Congress, the president and the administration that went into making 2017 a positive step forward, it will be critical that we continue the progress that we started and not lose sight of the long-term vision of a stronger, more vibrant economy where people find success by helping others improve their lives in a freer society. We remain committed to rooting out corporate welfare, removing regulatory burdens, reining in reckless spending, and building a brighter and more prosperous future for many years to come.