The Day Ahead
President Donald J. Trump will sign the National Defense Authorization Act for the next fiscal year. Watch live at 2:30 p.m. ET.
Rebuilding America’s ‘unmatched power’
Restoring our national security is a core piece of President Trump’s agenda to reinvigorate America. Today, that promise is being kept as the President signs the National Defense Authorization Act (NDAA) for Fiscal Year 2019.
The NDAA enhances the President’s ability to help protect the Nation by authorizing $716 billion in funding for defense and military activities. This unprecedented support will help to deter our adversaries and maintain the Trump Administration’s policy of peace through strength. The NDAA also fulfills the President’s request to give our troops a much-deserved pay raise.
The NDAA also strengthens our support for allies. In reinforcing our bond with Israel, it authorizes the co-development and co-production of missile defense systems. The NDAA also bolsters our support for European allies against Russian aggression by funding the European Deterrence Initiative.
“In confronting these dangers, we know that weakness is the surest path to conflict, and unmatched power is the surest means of our defense,” President Trump says addressing his national security policy.
Tax cuts have unleashed America’s economic potential
Many Americans enjoyed tax-free shopping this weekend. This sales tax holiday gave many working families a break on items such as clothing and school supplies.
In the wake of President Trump’s tax cuts, Americans are seeing more money in their paychecks. Harriet Torry recently wrote in The Wall Street Journal that “U.S. workers received their biggest pay increases in nearly a decade,” according to the Department of Labor.
The American economy is also reaching new heights as we saw GDP growth of 4.1 percent in the second quarter. The President’s pro-growth economic agenda is delivering exactly what it promised. “My Administration remains very focused on the issues that will encourage economic growth—that’s what we’re all about,” President Trump said.