Washington Examiner
by Paul Bedard
12/21/2017
Excerpts:
With the passage of the GOP tax bill this week, the Trump administration has scored 81 major achievements in its first year, making good on campaign promises to provide significant tax cuts, boost U.S. energy production, and restore respect to the United States, according to the White House.
And along the way, President Trump even outdid his own expectations and slashed at least 11 major legacy items of former President Barack Obama, including cracking down on the open border, slowing recognition of communist Cuba and effectively killing Obamacare by ending the mandate that everyone have health insurance or face a tax.
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Jobs and the economy
- Passage of the tax reform bill providing $5.5 billion in cuts and repealing the Obamacare mandate.
- Increase of the GDP above 3 percent.
- Creation of 1.7 million new jobs, cutting unemployment to 4.1 percent.
- Saw the Dow Jones reach record highs.
- A rebound in economic confidence to a 17-year high.
- A new executive order to boost apprenticeships.
- A move to boost computer sciences in Education Department programs.
- Prioritizing women-owned businesses for some $500 million in SBA loans.
Killing job-stifling regulations
- Signed an Executive Order demanding that two regulations be killed for every new one creates. He beat that big and cut 16 rules and regulations for every one created, saving $8.1 billion.
- Signed 15 congressional regulatory cuts.
- Withdrew from the Obama-era Paris Climate Agreement, ending the threat of environmental regulations.
- Signed an Executive Order cutting the time for infrastructure permit approvals.
- Eliminated an Obama rule on streams that Trump felt unfairly targeted the coal industry.
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