Home
/
RELIGION & LIBERTY ONLINE
/
Trump’s first ‘Hundred Day’ economic plan
Trump’s first ‘Hundred Day’ economic plan
Mar 2, 2026 10:47 PM

In a radio address on July 24, 1933, President Franklin D. Roosevelt referred to the 100-day session of the 73rd United States Congress between March 9 and June 17, a session that produced a record-breaking volume of new laws.

Despite the fact that the 100 days referred to a legislative session and not the beginning of a presidency, the term has e a metric for what a new president can plish and how effective they will be during their term. For this reason, president-elects often lay out a proposal for what they hope to plish during the early days after the Inauguration.

During a speech at Gettysburg, Pennsylvania last month, Donald Trump laid out his own plan for what he’ll do in his first days. Below is a summary of all the actions related to economics that Trump has promised to tackle in his Hundred Days.

Executive Actions

The following are actions Trump believes he can take either through the executive orders or through the other powers of his office:

• Issue a requirement that for every new federal regulation, two existing regulations must be eliminated.

• Announce his intention to renegotiate NAFTA or withdraw from the deal under Article 2205.

• Announce that the United States will be withdrawing from the Trans-Pacific Partnership.

• Direct his Secretary of the Treasury to label China a currency manipulator.

• Direct his Secretary of Commerce and U.S. Trade Representative to identify all foreign trading abuses that “unfairly impact American workers” and direct them to use “every tool under American and international law to end those abuses immediately.”

• Lift the restrictions on the production of $50 trillion dollars’ worth of job-producing American energy reserves, including shale, oil, natural gas and clean coal.

• Remove any obstacles to “vital energy infrastructure projects” (e.g., the Keystone Pipeline) so that the projects can move forward.

• Cancel billions in payments to U.N. climate change programs and use the money to fix America’s water and environmental infrastructure.

Legislative Proposals

The following are proposals for economic-related legislation that President Trump would send to Congress:

Middle Class Tax Relief And Simplification Act — An economic plan designed to grow the economy 4% per year and create at least 25 million new jobs through massive tax reduction and simplification, bination with trade reform, regulatory relief, and lifting the restrictions on American energy. The largest tax reductions are for the middle class. A middle-class family with 2 children will get a 35% tax cut. The current number of brackets will be reduced from 7 to 3, and tax forms will likewise be greatly simplified. The business rate will be lowered from 35 to 15 percent, and the trillions of dollars of American corporate money overseas can now be brought back at a 10 percent rate.

End The Offshoring Act — Establishes tariffs to panies from laying off their workers in order to relocate in other countries and ship their products back to the U.S. tax-free.

American Energy & Infrastructure Act — Leverages public-private partnerships, and private investments through tax incentives, to spur $1 trillion in infrastructure investment over 10 years. It is revenue neutral.

School Choice And Education Opportunity Act — Redirects education dollars to give parents the right to send their kid to the public, private, charter, magnet, religious or home school of their choice. mon core, brings education supervision to munities. It expands vocational and technical education, and make 2 and 4-year college more affordable.

Repeal and Replace Obamacare Act — Fully repeals Obamacare and replaces it with Health Savings Accounts, the ability to purchase health insurance across state lines, and lets states manage Medicaid funds. Reforms will also include cutting the red tape at the FDA: there are over 4,000 drugs awaiting approval, and we especially want to speed the approval of life-saving medications.

Affordable Childcare and Eldercare Act — Allows Americans to deduct childcare and elder care from their taxes, incentivizes employers to provide on-side childcare services, and creates tax-free Dependent Care Savings Accounts for both young and elderly dependents, with matching contributions for e families.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Climate Change, the Green Patriarch, and the Disposition of Fear
Today at First Things’ On the Square feature, I question the tone and timing of Patriarch Batholomew’s recent message on climate change. While I do not object to him making a statement about the subject in conjunction with the opening of the Warsaw Climate Change Conference, his initial reference, then silence, with regards to Typhoon Haiyan while other religious leaders offered their prayer, sympathy, and support to those affected, is disappointing. I write, While other religious leaders offered prayer and...
Obamacare: Our President Has Built A National Rube Goldberg Machine
A Rube Goldberg machine, contraption, invention, device, or apparatus is a deliberately over-engineered or overdone machine that performs a very simple task in a plex fashion, usually including a chain reaction. When each of my five kids hit 5th grade, they had to build a Rube Goldberg machine. It had to include a pulley, a lever…each of the simple machines. Thankfully, my children have an engineer father. Had it been left up to me, they would have gone to school...
Video: Michael Matheson Miller Discusses ‘Evangelii Gaudium’ on CNBC’s The Kudlow Report
Last night on CNBC’s The Kudlow Report,PovertyCuredirector and Acton Research Fellow Michael Matheson Miller joined host Lawrence Kudlow and Rusty Reno, Editor of First Things magazine, to discuss the position of the Roman Catholic Church on global capitalism in light of Pope Francis’ Apostolic Exhortation ‘Evangelii Gaudium.’ The video is embedded below. ...
Acton Institute Now Accepts Bitcoin Donations
Over the course of 2013 we’ve enabled new methods of giving including Dwolla and PayPal. Additionally, recurring monthly donations are now possible via PayPal and credit card. This week we’re introducing the ability to donate with Bitcoin, the popular digital currency. Learn more about Bitcoin at or by reading Joe Carter’s posts (part 1, part 2, and part 3) here at the PowerBlog. The option of donating anonymously with Bitcoin is also possible. Click here to donate to Acton with...
Celebrating the Work of Mothers
In a stunning new video, Matt Bieler strings together beautiful images and a few simple words to celebrate the work of three stay-at-home moms from three different regions of the country. The tasks shown, like those of any mother, are numerous and varied, and those explicitly mentioned follow accordingly: breakfast-maker, sibling caretaker, teacher, cleaner, doctor, angel. “She’s with me all the time,” one child whispers. In our celebration of work — the dignity it brings, the service it provides, the...
‘I Don’t Want To Beg! I’d Rather Work!’
Madison Root is an enterprising young lady. She knows braces are expensive, and wants to help pay for them. So, she went to her uncle’s farm, cut and bundled mistletoe and headed to the downtown Portland, Ore. market to sell it for the holiday season. And then she ran into the long arm of bureaucracy. …a security guard told her that she had to stop selling due to a city ordinance that bans such activity in a park “except as...
The Once Great City of Havana
I find the new investigative essay by journalist Michael J. Totten about Havana before and munism poignant and beautiful, a must-read for anyone interested in munism and the universal hunger for liberty. The long essay is worth every word, but I’ve excerpted a few of the most arresting passages here: The rotting surfaces of some of the buildings [in the tourist district] have been restored, but those changes are strictly cosmetic. Look around. There’s still nothing to buy. You’ll find...
Samuel Gregg: Free Market Economics And The Pope
Pope Francis’ Apostolic Exhortation Evangelii Gaudium continues to stimulate conversation, especially in the arena of economics. According to Francis X. Rocca at the Catholic News Service, many are heralding the pope’s call for doing away with “an ‘economy of exclusion and inequality’ based on the ‘idolatry of money.'” Sam Gregg, Acton’s Director of Research, weighed in on the pope’s economic viewpoint. There’s plenty of evidence out there, from the World Bank for example, suggesting that the number of people in...
ACLU Sues U.S. Catholic Bishops Over Denial Of ‘Proper Health Care’
The American Civil Liberties Union (ACLU) has filed suit against the United States Conference of Catholic Bishops (USCCB) regarding a case in a Muskegon, Mich. hospital. According to the ACLU, Tamesha Means was 18 weeks pregnant in December, 2010, when her water broke. A friend brought her to Mercy Health Partners in Muskegon. Ms. Means subsequently made two more trips to this hospital, and her baby, born prematurely, died. According to a New York Times piece, …Dr. Douglas W. Laube,...
The Luxury of Solar-Powered Simplicity
There is a kind of trendy “green” simplicity that is a luxury only paratively wealthy can afford, says Dylan Pahman in this week’s Acton Commentary. But there is a movement catching steam that might perfectly encapsulate a type of solar-powered simplicity: The tiny house movement is a recent trend in the United States for building and living in eco-friendly domiciles about half the average size of an apartment. Graham Hill, a tiny house architect, described his philosophy in the New...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved