Newsletters

Dear Friend, This week we saw the inauguration of Joe Biden as America’s 46th president, and the end of President Trump’s term. Over the last four years we have seen a lot of big steps taken to move our country forward. President Trump’s policies resulted in the creation of some 7 million new jobs prior to the outbreak of the Wuhan Coronavirus in Communist China last March. Middle class families saw thousands of dollars in additional income, sweeping tax and regulatory changes that expanded opportunity for small businesses and record low jobless rates – including for women, African-Americans, Asian-Americans and Latinos. President Trump also delivered relief for millions of Americans struggling under the overbearing restrictions imposed by Obamacare – rescinding the “individual mandate.”

Dear Friend, This week in Washington, we saw an example of what baseball great Yogi Berra called “déjà vu all over again,” as Speaker Pelosi decided to move forward with a partisan effort to “re-impeach” President Trump. The effort was as rushed as it was partisan – with majority Democrats moving the Article of Impeachment straight to the House floor, bypassing the committee process, and with less deliberation or consideration than we usually see applied to the simple re-naming of a post office.

Dear Friend, We at The Telegram hope you had a Merry Christmas and are enjoying a safe and healthy 2021. Since our last installment, Congress passed a record-breaking spending bill, imposed a partisan new set of rules in the House of Representatives designed to restrict open debate and stifle the voice of the minority party. Congress also completed the electoral certification after debating several objections to slates of electors in states where we saw election irregularities.

Dear Friend, We hope you are enjoying a happy and healthy Holiday Season as we prepare to celebrate Christmas and usher in the New Year. Lawmakers remain in Washington, working on an end-of-year funding package that is unfortunately being held up by a special interest push to force working families across the country to fund bailouts of state and local governments who have strangled their tax base with job-killing lockdowns and spent far too much for far too long.

Dear Friend, This week we saw more encouraging news as the U.S. economy roared back from state and local lockdowns posting an unprecedented 33 percent expansion, the largest quarterly growth figure posted since 1947 when the U.S. began keeping track. This growth is a testament to the work ethic and ingenuity of Americans, and to the sound economic foundation of regulatory reform and low taxes put in place by President Trump. This is the second time that President Trump has led the country through economic difficulty since taking office – despite Speaker Pelosi holding up more than $130 billion in additional Paycheck Protection Program funds that could further assist struggling small businesses.

Dear Friend, This week we saw more encouraging economic news as new jobless claims dropped to their lowest level since the beginning of the pandemic and continuing unemployment claims dropped by more than 1 million. This is a testament to the resilience of the American economy which was the strongest in modern history – thanks to landmark tax and regulatory reforms – before the coronavirus pandemic that originated in China fanned out across the globe. It is great to see more Americans getting back to work.

Dear Friend, This week we saw more good news on the economic front, as American workers and small businesses continue to bounce back in the wake of government-mandated lockdown orders and restrictions. Retail sales were up significantly in September, nearly tripling analyst expectations, and rose 5.4% from a year ago. That’s a good indication that shops are getting back to business again and customers are getting back to shopping. We’ve still got a long way to go, but the gains we’ve seen over the last few months are a testament to the resilience of the American worker, and more evidence that the regulatory and tax reforms that fueled our historic economic boom – before the coronavirus surfaced in China – put America in a better position to bounce back.

Dear Friend, Speaker Pelosi called Congress back to Washington for legislative business last week, but once again refused to bring legislation to the floor that would provide assistance to struggling small businesses by unlocking nearly $140 billion in unspent Paycheck Protection Program (PPP) funds. Unfortunately, the Speaker refuses to allow a stand-alone vote on the Republican proposal to get this money into the hands of small businesses, despite the fact that it enjoys support from lawmakers on both sides of the political aisle.