Repealing the Affordable Care Act, or “Obamacare,” has been on the Republican agenda ever since it was passed in 2010. It is unclear if Congress will approve the proposal given that there is not enough detail on how the administration plans to make up for the revenue lost due to the cuts. The bill also proposes cutting the corporate tax rate from the current 35 percent to 15 percent and reducing the capital gains tax from 23.8 percent to 20 percent. If passed, it will lower the top tax rate paid by about 5 percent, reducing the tax burden for most Americans.
#Trumps hundred day plan code
As promised during the campaign, it simplifies the tax code by reducing the number of tax brackets for individuals from seven to three - 10 percent, 25 percent, and 35 percent. On Wednesday, April 26, the Trump administration announced a significant tax overhaul. Fortunately, on April 27, the US President calmed frayed nerves with an announcement that he was planning to renegotiate, not cancel, NAFTA.
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Trump was considering backing out of the North American Free Trade Agreement (NAFTA), a 23-year-old trade deal with Mexico and Canada, caused some concern in the markets.
Barack Obama has not been approved by the US Congress. However, the gesture is largely symbolic given that the 12-nation trade agreement orchestrated by Mr. The president fulfilled his pledge on the first day in office by withdrawing from the Trans-Pacific Partnership, which he believes is detrimental to the US economy and job market. The self-made billionaire businessman, who coined the slogan “Make America Great Again,” had promised US citizens he would do everything in his power to bring back manufacturing jobs to the country. The Economy Photo Credit: realdonaldtrump via Twitter If passed, it will drastically cut programs that raise awareness for and help combat climate change. Trump also issued a directive to reverse the Clean Power Plan put in place by his predecessor, former President Barack Obama, and has presented a proposal to decrease funding for the Environmental Protection Agency.
Hence, it came as no surprise that among his first actions were executive orders to revive the construction of the controversial Keystone and North Dakota pipelines and loosen restrictions on offshore drilling. President Trump has always been a vocal skeptic of global warming and a big supporter of traditional energy companies. The Environment Photo Credit: By Berkeley Earth Public Domain. Here are some of the actions the US leader has taken to fulfill his campaign promise. Trump outlined his 100-day plan if elected the 45 th President of the United States. In his October “Contract with the American Voter” address in Gettysburg, Pennsylvania, Mr. Though the period is often too short to judge a new leader's achievements objectively, every US leader since has strived to achieve one or more major milestones within this time. The marker has become a perennial fixture on the American political calendar since Franklin Delano Roosevelt (1882-1945), the 32 nd President of the United States, helped the country limp back from the Great Depression with a flurry of new legislation within his first 105 days in the White House. On Saturday, April 29, 2017, President Donald Trump celebrated his 100th day in office.
President Trump 100 Day Plan (Photo Credit: YouTube screen capture)