Congressman Mario Diaz-Balart

Representing the 25th District of FLORIDA

Diaz-Balart: Tax Reform Continues to Boost Economy, GDP

Jul 27, 2018
Press Release

MIAMI ­­– Congressman Mario Diaz-Balart (FL-25), senior member of the House Budget and Appropriations Committees, released the following statement after the Bureau of Economic Analysis released its Gross Domestic Product (GDP) report for the second quarter of 2018. The U.S. economy grew at an annual rate of 4.1 percent in the second quarter. 

“The economy’s second quarter growth is a strong indicator of the continued impact of the Tax Cuts and Jobs Act. Because of tax reform, employers can invest in their employees and grow their businesses. The American job market has over 6 million job openings, and in turn, we continue to see a steady drop in jobless claims as more people join the workforce. I’m proud to join my House Republican colleagues in championing pro-growth, pro-American policies for families across the United States.”