A Budget for America’s Future

The Administration’s pro-growth policies have ushered in one of the greatest economies in American history. This did not happen by accident. The Trump Economy stands firm on the proven pro-growth pillars of tax cuts, deregulation, energy independence, and better trade deals.

Over the past three years, unemployment rates have dropped to historic lows. The U.S. unemployment rate of 3.5 percent is a half-century low and rates for African Americans, Hispanic Americans, Asian Americans, Americans with disabilities, and Americans without a high school diploma are the lowest on record. Household incomes are rising and wages are no longer stagnant.

Under the previous administration, the recovery was so tepid that the prime-age labor force shrank by roughly 1.5 million. Under this Administration, it has expanded by 2.1 million as previously-forgotten Americans have come off the sidelines. For the first time on record, job openings exceed the number of unemployed workers.