American Prosperity

“Congress’s work isn’t finished,” President Biden recently said. “The House must pass the bipartisan national security supplemental to advance our national security interests. And Congress must pass the bipartisan border security agreement—the toughest and fairest reforms in decades—to ensure we have the policies and funding needed to secure the border. It’s time to get this done.”

Meanwhile, economic analyst Steven Rattner reported that according to The Economist, since the end of 2019 the American economy has grown an incredible 8%, while the European Union has only grown about 3%, Japan 1%, and Britain not at all.

Rattner and economist Brendan Duke reported that entrepreneurship in the U.S. is booming, with 5.2 million “likely employer” business applications filed between January 2021 and December 2023, more than a 33% increase over those filed between 2017 and 2019.

An analysis prepared by the Urban-Brookings Tax Policy Center, a nonpartisan think tank that studies fiscal issues, shows that the tax cuts Biden has signed for individuals and corporations are larger than the tax increases he has imposed on big corporations and their shareholders.