This administration has sent a clear signal that America is open for businesses. Thanks to regulatory rollbacks, a forecast of regulatory certainty, the passage of the Tax Cuts and Jobs Act, and more, the economy ended and started the year on a high. Thursday, the markets experienced record setting highs, the culmination of positive momentum that started with President Trump’s election in 2016.
According to a Fox Business report, “so far the Dow Jones Industrial Average has crossed six 1,000-point milestones since President Donald Trump’s election on Nov. 8, 2016. A finish above 25,000 would be the seventh 1,000 point milestone.” This is an unprecedented pace of economic growth.
There is still much more work left to do. And I’m returning to D.C. this week for the first week of session in 2018. First, Congress must pass a funding bill to keep government programs and military activities functioning beyond the current expiration date of Jan. 19. My hope is that rather than another Continuing Resolution to provide short-term funding, we can pass a package of Appropriations bills that responsibly spend taxpayer dollars for the full fiscal year.
Congressman Daniel Webster represents The Villages in the U.S. House of Representatives.