New York Times: Apple, Capitalizing on New Tax Law Plans to Bring Billions in Cash Back to U.S.
A core mission of the Republican Tax Cuts and Jobs Act was to bring jobs and investment back to America, and today the fruits of that promise are ripening before our eyes as Apple, the world's most valuable public company, announced a $350 billion contribution to the U.S.… Read more »
Humana to Increase Minimum Wage to $15/Hour, Extend Incentive Pay Offer for Employees Because Of Tax Cuts and Jobs Act
Employees of Humana now have insurance of better pay, as the company announced an increase in their minimum wage to $15 an hour, as well as an acceleration of their timeline for workers to take part in an incentive program that makes them eligible for cash… Read more »
Not only has the Tax Cuts and Jobs Act given a jolt to the economy with companies announcing bonuses, pay raises, new hiring, and more investments, but the bill is also striking a chord with power companies seeing the utility of lowering rates for their consumers as a direct result of the savings they see under the new law.
This will come as a shock to Democrats who were unplugged from… Read more »
Just as Republicans promised, the Tax Cuts and Jobs Act is putting the days of jobs fleeing overseas in reverse and driving jobs back to the United States, as Fiat Chrysler announces plans to invest more than $1 billion to modernize the company's Warren Truck Plant in metro Detroit, adding 2,500 jobs and moving production of its… Read more »
Today the Treasury Department and the Internal Revenue Service (IRS) confirmed what Republicans have been saying for months and formally announced new tax withholding tables under the newly enacted Tax Cuts and Jobs Act that will result in 90% of wage earners seeing a bigger paycheck as a result of lowered taxes. Employers must implement the new withholding… Read more »
Today the nation's and Louisiana's largest private employerannounced that because of the Tax Cuts and Jobs Act they will increase the starting wage for all hourly associates to $11, expand maternity and parental leave benefits, and provide a cash bonus of $1,000 for eligible associates, benefitting more than one million employees.
This is huge news for… Read more »
MedStar Washington Hospital Center provided the followingupdate on the condition of House Majority Whip Steve Scalise (R-La.):
"Congressman Steve Scalise is resting comfortably after a planned follow-up surgery at MedStar Washington Hospital Center. The surgery went well, and he is listed in fair condition. He is likely to remain in the hospital for several days and will then… Read more »
House Majority Whip Steve Scalise (R-La.) released the following statement after a resolution he cosponsored, H.Res. 676, supporting the rights of the people of Iran to free expression, condemning the Iranian regime for its crackdown on legitimate protests, and for other purposes, passed the House:
“The House of Representatives sent a clear message today that we support the… Read more »
Wisconsin's Musicnotes announced a 3% raise for their employees today because of the Tax Cuts and Jobs Act, putting them in tune with thegrowing chorus of announcements from companies around the country of bonuses, higher wages, more hiring, and additional investments thanks to this bill Republicans led in a solo effort.
Democrats should take note, as this announcement is yet another… Read more »
Majority Whip Steve Scalise (R-La.) issued the following statement today regarding President Trump’s actions to improve access to high-speed internet in rural America:
“Access to high-speed broadband is a critical part of today’s modern economy no matter where you live. Yesterday’s action by President Trump takes a positive step towards improving access to high… Read more »