Home
/
RELIGION & LIBERTY ONLINE
/
Trump’s first ‘Hundred Day’ economic plan
Trump’s first ‘Hundred Day’ economic plan
Jul 1, 2025 10:55 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
NYC Council to Walmart: Stop Giving Money to Our Local Charities!
Last week, Walmart announced that it distributed $3 million last year to charities in New York City. The giving included $1 million to the New York Women’s Foundation, which offers job training, and $30,000 to Bailey House, which distributes groceries to e residents. Naturally, there was one group that was appalled by the charitable giving: local politicians. More than half the members of the New York City Council sent a letter to Walmart demanding that it stop giving millions in...
Big Government at the Bilderberg Summit
In this week’s Acton Commentary, Jonathan Witt asks “Why do entrepreneurs who don’t want government intimately involved in the economy want to hob nob?” Think about it. Why do even some entrepreneurs who do not want government intimately involved in the economy pelled to hob nob with all of those European and American politicians at this year’s Bilderberg summit? Maybe what happened to Bill Gates has something to do with it. By most accounts, Gates went about building up Microsoft,...
Generosity From The Heart: Fighting Human Trafficking One Photo At A Time
Tanner Stewart did not intend to e an abolitionist. His passion is photography. But his gift for taking amazing photos led him to fight human trafficking. In 2012, Stewart was on a trip to Bulgaria, volunteering for A21, an organization that educates about trafficking and provides care for trafficking survivors. Stewart was bluntly confronted by trafficking in a chance encounter: Stewart, a Seattle-based photographer, had spotted a man holding a baby. Wanting to capture the beautiful moment, he asked the...
A Market for Disability: Down Syndrome and the Economic Imagination
In a powerful profile of his son Jamie, a young man with Down syndrome, Michael Bérubé explores some of the key challenges that those with disabilities face when trying to enter the workforce: The first time I talked to Jamie about getting a job, he was only 13. But I thought it was a good idea to prepare him, gradually, for the world that would await him after he left school. My wife, Janet, and I had long been warned...
What Christians Should Know About Unemployment
Note: This is the latest entry in the Acton blog series, “What Christians Should Know About Economics.” For other entries inthe series seethis post. The Term: Unemployment What it Means: If you consult a dictionary, you’ll find a number monsensical definitions for unemployment: the state of being without a job; being without a paid job but available to work, etc. But like many other economic terms, the dictionary definition can vary significantly from how the term is often used. For...
The Paradoxes of Religious Liberty and Economic Freedom
The role of economic liberty in contributing to human flourishing and mon good remains deeply underappreciated, says Samuel Gregg, even by those who are dedicated to religious liberty: The relationship between economic and religious liberty can, however, work the other way: subtle corrosion of economic freedom can undermine religious liberty. A good example is the modern welfare state. Today, government spending, according to the OECD, consumes a minimum of 40 percent of annual GDP in virtually all Western European nations....
Economic Growth And Religion: What’s The Connection?
The Religious Freedom & Business Foundation has issued a global study that links religious freedom to economic growth. Researchers say that religious freedom has been a previously “unrecognized asset to economic recovery and growth,” and that religion contributes heavily to peace and stability, both of which are necessary to economic stability. Mark A. Kellner breaks down the study’s findings: According to the RFBF [Religious Freedom & Business Foundation], the study looked at GDP growth for 173 countries in 2011 and...
Proxy Resolutions Aim to Stifle Corporate Speech
On Friday, June 6, shareholders of Wal-Mart Stores, Inc., will gather at the Bud Walton Auditorium on the University of Arkansas campus in Fayetteville, Ark. Among them will be As You Sow member Zevin Asset Management, which is pushing a resolution demanding the retailer issue annual reports on its policy, lobbying and membership expenditures. All of this, of course, is intended to embarrass Walmart in the same-ol’ name-and-shame game employed so often by shareholder activists advancing a progressive agenda. What...
Left Wing Bias in Schools Requires More than a Band-Aid
Taxpayer subsidized textbooks tend to tilt left, often aggressively so. Mary Grabarnotes that this is especially obvious position textbooks: position class at many colleges is propaganda time, with textbooks conferring early sainthood on President Obama and lavishing attention on writers of the far left—Howard Zinn, Christopher Hedges, Peter Singer and Barbara Ehrenreich, for instance–but rarely on moderates, let alone anyone right of center. Democrats do very well in these books, but Abraham Lincoln–when included–is generally the most recent Republican featured....
Faith and Flat Economics
The latest edition of Econ Journal Watch has a symposium, co-sponsored by the Acton Institute, on the question, “Does Economics Need an Infusion of Religious or Quasi-Religious Formulations?” In his essay “On the Usefulness of a Flat Economics to the World of Faith“, Andrew P. Morriss considers the role of faith in correcting how economics flattens the perception of human nature and human existence: To what extent is economics unduly flat? Compared to the Christian conception of human nature, what...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved