Thanks To Tax Cuts, Companies' Overseas Profits Now Flooding Back To U.S.

The White House to you
Thursday, June 28, 2018

Thanks To Tax Cuts, Companies' Overseas Profits Now Flooding Back To U.S.
“They said it wouldn't happen, but it did: The money companies stashed overseas to protect them from high U.S. corporate tax rates is flooding back in, boosting growth, jobs and confidence in the economy. Thank the Trump tax cuts,” writes the Investor’s Business Daily Editorial Board. “Yet the befuddled media keep calling these bullish economic data ‘unexpected.’”  Click here to read more. 

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“The prospects for peace [between the Israelis and Palestinians] are very much alive,” White House Senior Advisor Jared Kushner says in an interview with Al-Quds. Kushner, who recently met with Arab leaders across the Middle East, says “I believe that Palestinian people are less invested in the politicians’ talking points than they are in seeing how a deal will give them and their future generations new opportunities.”

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In The Daily Signal, Fred Lucas writes that President Trump’s nominee to run the Department of Veterans Affairs, Lt. Colonel Robert Wilkie, will bring a renewed focus on “accountability and allowing more choice for care.” Steven Bucci, a former Army Special Forces officer and Pentagon official, explains that “Robert is a great selection after running personnel and readiness at the Pentagon.”

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“Thanks to the president’s resolve and leadership, we now have a historic opportunity to rid the Korean Peninsula of the threat of nuclear weapons and see a different future,” Rep. Martha McSally (R-AZ) writes in The Washington Times. “Take it from someone who’s been ready to deploy at a moment’s notice and recently crossed the DMZ — this time, it’s different.”

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