Jobs & Economy Report – Spring
2019
 |
| Source:
whitehouse.gov |
Top Story - Longest
period of economic growth in
history!
Our economy recently broke another record. We have
experienced economic growth for an unprecedented ten years and counting! Our
robust economy means more jobs and more take-home pay for Montana
families.
I supported cutting taxes and reducing regulation and have
been pleased to see the subsequent boost in our economy. In fact,
these policies helped to create more than 6 million new jobs since
November 2016.
Job creation remains
strong
The June Employment Situation
Report from the Bureau of Labor Statistics provided more proof of
the strength of the U.S. economy. Our economy produced 224,000 jobs in
June.
The June jobs report also highlighted continued wage
growth. We have witnessed 11 straight months of wage gains at or above 3
percent!
Tax Cuts and Jobs Act – Did you Know?
Newly released IRS data again debunked the myth that
the Tax Cuts and Jobs Act favored the wealthy.
In 2018,
millionaires
paid more in taxes than they did the previous year. In that same
time, lower and middle-income Americans on average saw a 15
percent tax cut.
|  |
|
Graph courtesy
of the Tax Foundation. |
Survey:
Best
Wishes,
Steve Daines
United States Senate
