REDUCE REGULATORY BURDENS:
Departments and agencies will eliminate unnecessary regulations that stifle growth, drive up costs for American businesses,
impede research and development, discourage hiring, and incentivize domestic businesses to move overseas. We will balance our reduction in regulations with adequate protections and oversight.
PROMOTE TAX REFORM:
This Administration will work with the Congress to create a simpler, fairer, and pro-growth tax code that encourages the
creation of higher wage jobs and gives middleincome families tax relief. Reduced business tax rates and a territorial system for foreign subsidiary earnings will improve the competitiveness of American companies and encourage their return to the United States.
IMPROVE AMERICAN INFRASTRUCTURE:
Federal, state, and local governments will work together with private industry to improve our airports, seaports and waterways, roads and railways, transit systems, and telecommunications. The United States will use our strategic advantage as a leading natural gas producer to transform transportation and manufacturing. We will improve America’s digital infrastructure by deploying a secure 5G Internet capability nationwide. These improvements will increase national competitiveness, benefi t the environment, and improve our quality of life.
REDUCE THE DEBT THROUGH FISCAL RESPONSIBILITY:
The national debt, now over $20 trillion, presents a grave threat to America’s long-term prosperity and, by extension, our national security. By restraining Federal spending, making government more efficient, and by modernizing our tax system and making our businesses globally competitive, our economy will grow and make the existing debt more serviceable.
SUPPORT EDUCATION AND APPRENTICESHIP PROGRAMS:
We will support apprenticeships and workforce development programs that prepare American workers for high-wage manufacturing and science, technology, engineering, and mathematics (STEM) jobs of the 21st century.