Senator David Perdue: Historic Opportunity To Fix Tax Code
State & National November 9, 2017Senator David Perdue: Historic Opportunity To Fix Tax Code
Providing relief for American workers, growing our economy, & making us more competitive
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) joined Senate Republicans, Senior Trump Administration officials, and grassroots leaders for an event to highlight the importance of changing our tax code this year to provide relief for American workers, grow the economy, and make U.S. businesses more competitive.
Highlights:
U.S. Senator David Perdue: “We have an opportunity to deliver results and fundamentally change this tax code for the first time since 1986. We know that Washington needs a sense of urgency. President Trump has called us to action. He is moving at a business pace, not a bureaucratic pace. He wants us to pass the House and Senate bill by Thanksgiving, and that he wants it on his desk by Christmas. This is totally possible in our opinion. The House has made a great effort to start this process. It’s a great starting point, providing relief for American workers, growing our economy, and making us more competitive with the rest of the world.”
Secretary Steven Mnuchin, U.S. Treasury: “Nothing is more important to the President’s economic agenda than tax reform and tax cuts. I have appreciated the opportunity to work with members of the Senate and the House since the beginning of the year on this. We couldn’t be more excited about where we are. This is about making America competitive again.”
Kellyanne Conway, Counselor to President Trump: “We’re also trying to help the job holders which represent the vast majority of American households. When my grandfather had a job, when your grandfather had a job, the job was enough to support the whole family. Now we have households that have two and three jobs. Some are not worried about losing a job or replacing a lost job, but they have no idea why the job is no longer enough. Why are they white-knuckled at the end of each month to pay their rent, their mortgage, the tuition, or the student loan voucher payment? We want to give them the much needed relief that they deserve.”
Grover Norquist, President of Americans for Tax Reform: “We look at the tax code and we start taking out stupid. China is at a 25% tax on businesses, we’re at 35%. Stupid. Let’s not be there. We have a lot of American earnings stuck overseas because our tax code doesn’t let it come back to the country without punitive taxes. Stupid. Let’s end that, and allow people to bring money here to create jobs and opportunities in factories here in the United States.”
Senator David Perdue: This Is About Tax Relief For The American Worker
State & National November 30, 2017
Senator David Perdue: This Is About Tax Relief For The American Worker
“A family of four, making the median income of $71,000 a year, is going to get a 60% tax cut with this plan”
WASHINGTON, D.C. – U.S. Senators David Perdue (R-GA), Thom Tillis (R-NC), Dean Heller (R-NV) and grassroots leaders held an event today to highlight the positive impact changing the tax code will have on American families, businesses, and the economy.
Relief For Working Americans: “On the individual side, there’s been a lot of talk that the rich are getting all the benefits. This couldn’t be further from the truth. A family of four, making the median income of $71,000 a year, is going to get a 60% tax cut with this plan. A single parent with one child, making $41,000 a year, is going to get a 75% tax cut.”
Solving The Debt Crisis: “Long-term we have to solve this debt crisis. Cutting taxes and changing the tax code will not solve the debt crisis, but the debt crisis will not be solved unless and until we fix our archaic tax policy.”
Getting A Deal Done: “I’m one of those business guys who needed that certainty to make capital investment decisions over a longer period of time. I would prefer not to have a trigger, but this is about getting a deal done and getting a tax package for the American people, which they expect. I come from a world where you really don’t ever get 100% of what you want. I don’t want to see this bill destroyed because of pursuit for perfection. We’ve seen that before in Washington.”
Senator David Perdue Comments On Budget Committee Approval Of Tax Plan
State & National November 29, 2017
Senator David Perdue Comments On Budget Committee Approval Of Tax Plan
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA), a member of the Senate Budget Committee, released the following statement after the U.S. Senate moved one step closer to fixing our tax code this year:
“Changing our tax code for the first time in more than 30 years will increase wages for American workers and make us more competitive with the rest of the world. These tax changes will also increase GDP growth, which is necessary to solve our current debt crisis. If the Senate does not act, the federal government is on track to add $11 trillion to the debt over the next 10 years. Approval from the Budget Committee today was one of the final steps needed to get this across the finish line. It is now critical for Republicans and Democrats to put aside any self-interests and operate with a sense of urgency to get these tax changes done now.”
Senator David Perdue Discusses President Trump’s Asia Trip On CNN
State & National November 8, 2017
Senator David Perdue Discusses President Trump’s Asia Trip On CNN
“President Trump has developed a consensus of support on North Korea and opening doors for a non-kinetic solution. We have to find a way to get through here.”
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA), a member of the Senate Armed Services Committee, spoke with Alisyn Camerota on CNN’s New Day about the recent tragedy in Sutherland Springs, Texas, and President Trump’s trip to Asia aimed at strengthening partnerships with these countries to denuclearize North Korea.
Answers From Air Force: “Our thoughts and prayers go out to the families in Texas, like they did in Nevada and earlier events. We want some answers. I agree with Senator McCain. We ought to find out what happened in the Air Force and why this information was not fed into the database. There are things we need to know and learn from.”
Non-Kinetic Solutions: “First of all this is a President engaging with the rest of the world after eight years of disengagement. He has developed a consensus of support on North Korea and opening doors for a non-kinetic solution. We have to find a way to get through here.”
Direct Talks With North Korea: “President Trump has intimated both publicly and privately that this would be in the cards. I’m convinced, though, that this is in the best interest of China and the United States to get together and find a common solution. I’m also excited that President Trump is intimating that he wants to talk to President Putin about this as well. Russia plays a major part in this.”
Senator David Perdue Discusses Fixing Legal Immigration System On Fox News
State & National January 11, 2018
Senator David Perdue Discusses Fixing Legal Immigration System On Fox News
“The January 19 deadline to fund the government and the March 5 DACA deadline are two totally separate issues”
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke with Brian Kilmeade on Fox News’ Fox & Friends about yesterday’s bipartisan meeting at the White House to fix the legal immigration system.
Goals Established: “This President is an outsider. He is a business guy. He wants to get results on this issue just like he did on tax. What we did yesterday is agree on two things. One, we agreed on the scope of this current negotiation. We are not trying to solve all of our immigration problems here. What we want to do is solve the DACA issue, address border security, eliminate chain migration, and end the archaic visa lottery program. The second thing the President did yesterday was establish a sense of urgency. That is something rare in Washington.”
Differentiating Deadlines: “The January 19 deadline to fund the government, and the March 5 DACA deadline are two totally separate issues. I heard members on the other side talk about that after the meeting. January 19 is about funding the government, and that is another conversation entirely.”
Broad Support: “72% of Americans believe immigration should be focused on the worker and the immediate family. Name another idea or another issue here in Washington that 70% of Americans agree on. This is one issue where the American people are going to hold us accountable.”
Sense Of Urgency: “We are still working against a hard deadline of March 5. That’s how you bring a sense of urgency and get things done in Congress. President Trump said yesterday that he expects results on this issue. He is willing to work with us day and night. I think that was evident yesterday from the conversation we had in the White House.”
Focused Negotiations: “I give the President high marks for bringing a focus to this issue and not trying to solve every problem related to immigration but instead, focus right now on the legal immigration system.”
Senator David Perdue Holds Farm Bill Round Table Discussion
State & National November 22, 2017
Senator David Perdue Holds Farm Bill Round Table Discussion
ATLANTA, GA – U.S. Senator David Perdue (R-GA) last week held a round table discussion about the upcoming farm bill with Georgia farmers and industry leaders.
“Agriculture is one of Georgia’s largest economic drivers and a way of life for many people in our state. I saw this firsthand while working on my family’s farm as a teenager,” said Senator Perdue. “It was great to hear from Georgia farmers and industry leaders about their priorities for the upcoming farm bill since this legislation impacts them directly. Their input is critical as we work toward developing a farm bill that will contribute to a safer, stronger, and more abundant agricultural industry.”
Senator David Perdue Announces Bipartisan Agreement To Reduce Dodd-Frank Regulations
State & National November 20, 2017
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) and 17 members on the Senate Banking Committee have drafted a bipartisan proposal to roll back significant portions of the Dodd-Frank Act, providing regulatory relief for Georgia’s community banks, credit unions, mid-sized banks, regional banks, and custody banks, none of whom contributed to the financial crisis of 2008. The proposal also improves important consumer protections, particularly for veterans, senior citizens, and victims of fraud.
“This is a huge win for our rural communities, small businesses, and the banks supporting them,” said Senator David Perdue. “This proposal will improve access to capital for small businesses, particularly in Georgia’s rural communities who have struggled with overregulation. In addition to this proposal, there is still work to be done. We will continue working with Secretary Mnuchin and the Trump Administration to eliminate even more regulations for consumers and business.”
“We appreciate the hard work of Senator David Perdue on behalf of the bankers and consumers in Georgia,” said Joe Brannen, President & CEO of the Georgia Bankers Association. “We are more hopeful that true relief can be accomplished in the near future so that Georgia bankers can continue to serve their communities in even more meaningful ways.”
Last spring, the Senate Banking Committee issued a request for legislative proposals from stakeholders, companies, and consumers aimed at creating economic growth. The committee then held a series of hearings exploring these ideas and has been drafting this proposal since that time. Democrats agreed that significant regulations of Dodd-Frank were negatively impacting local economics across the nation and joined Republicans in drafting this proposal.
Three key bills sponsored by Senator Perdue are included in this agreement: the Reciprocal Deposits Bill, the Portfolio Lending and Mortgage Access Act, and the PROTECT Act, which simplifies the credit freezing process. View the proposal’s text here and a summary here.
Highlights of the bipartisan package include:
- Improves consumer access to mortgage credit;
- Provides regulatory relief for small financial institutions and protects consumer access to credit;
- Provides specific protections for veterans, consumers and homeowners; and
- Tailors regulations for banks to better reflect their business models.
Senator David Perdue Comments On End Of Schumer Shutdown
State & National January 23, 2018
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) made the following statement after Senate Democrats agreed to end the Schumer Shutdown and reopen the federal government:
“It is ridiculous that we were ever in the Schumer Shutdown in the first place. I’m glad to see that Senate Democrats came to their senses and stopped this nonsense. It is frustrating that this is the same proposal that was offered to them days ago before they decided to shut down the government over immigration. Senate Democrats took their political stunt a step too far since a majority of Americans support funding the federal government over continuing the DACA program. Clearly, Congress’ budget process is a complete failure. It has only worked four times in the past 43 years, and given the current political dynamics it will never work. Tying important policy decisions to the funding process is the reason we end up in these damaging situations. It’s time Congress gets serious about reworking the way we fund the federal government. That way we can start tackling other big ticket items such as fixing our immigration system and beginning to rebuild our nation’s infrastructure.”
Senator Perdue is the only Fortune 500 CEO in Congress and is serving his first term in the United States Senate, where he represents Georgia on the Armed Services, Banking, Budget, and Agriculture Committees.
Senator David Perdue Comments On Confirmation Of President Trump’s Judicial Nominees
State & National November 6, 2017
Senator David Perdue Comments On Confirmation Of President Trump’s Judicial Nominees
“These judges will help shape the direction of the courts for years to come.”
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) comments on the United States Senate’s work to confirm President Trump’s judicial nominees:
“The United States Senate has been stalled by historic obstruction from Senate Democrats. Despite this partisan gridlock, we confirmed Justice Neil Gorsuch to the Supreme Court earlier this year, and have since confirmed 15 judicial nominees, including eight judges to the powerful United States Circuit Courts. These judges will help shape the direction of the courts for years to come. Unlike most things in Washington, we are moving quickly to get more judges in place. By comparison, in Obama’s first year in office, only three Circuit Court judges were confirmed. While we are making significant progress, there is still a lot more work to be done. President Trump has been in office for 10 months now and still doesn’t have his full team in place. Washington needs to pick up the pace and get all of President Trump’s nominees confirmed as quickly as possible.”
Background:
- 16 judges confirmed this year, including Supreme Court Justice Gorsuch.
- 8 judges confirmed to the powerful United States Circuit Courts.
- 4 district judges confirmed.
- 3 judges confirmed to the Court of Appeals for Veterans Claims.
- There are 15 district and circuit court judges pending on the executive calendar.
- The oldest judicial nomination on the executive calendar is 113 days.
- There are 39 judges still pending in the Judiciary Committee.
- There are currently 145 federal judge vacancies that the Senate will confirm.
Fact vs. Fiction: Senator Perdue Lays Out The Facts About Tax On Fox News
State & National December 5, 2017 , by Admin AssistantFact vs. Fiction: Senator Perdue Lays Out The Facts About Tax On Fox News
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke with Shannon Bream on Fox News @ Night to clear up the misinformation about the U.S. Senate’s plan to fix the tax code, help middle-class families, and make America more competitive again.
Fiction: The GOP tax plan will add $1 trillion to the national debt.
Fact: “I am more optimistic that this plan is going to ignite our economy. President Trump said job one was getting our economy going again. We pulled back on regulations, unleashed our energy potential, and now we have an historic opportunity to change the tax code and make American companies and workers competitive again with the rest of the world.”
Fiction: This tax plan is only going to help the wealthy and hurt lower and middle-income Americans.
Fact: “Real Americans are going to benefit from this. A family of four, making the median income of $73,000 a year, will have their taxes cut almost 60%. A single mom with one child, making $41,000 a year, which is the median income for a single worker, will get a 75% tax cut. More importantly, between 3-6 million people are estimated to have their taxes go to zero. The greatest beneficiary of this plan is the person who will get a job because the economy is going to be ignited.”
Fiction: There has been no transparency to this process. The entire process was hidden from the American people and pushed through at the last minute.
Fact: “Over the last few years, there have been over 70 open hearings in the Senate about changing the tax code. This has been a fully transparent process. I hear the rhetoric from the other side. This is all coming from the side who a few years ago had then-Speaker Pelosi say ‘you’ve got to pass the bill to see what’s in it.’ This has been an open process the entire time. This is regular order. It went through committee, where we had amendments offered. We’ll have amendments added to it tonight. All of this has been done in the light of day.”
Fiction: The tax plan will generate very little economic growth.
Fact: “President Trump has really pushed us to make sure this plan will make American businesses grow. I believe we have accomplished that. Today, we have the highest corporate tax rate in the world, and the corporate tax rate is a huge penalty on the American worker. I know because I’ve lived in Asia and worked all over the world. We are now going to become more competitive with the rest of the world.”