Home
/
RELIGION & LIBERTY ONLINE
/
Trump’s first ‘Hundred Day’ economic plan
Trump’s first ‘Hundred Day’ economic plan
Apr 29, 2026 6:59 AM

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
Brooks: ‘Spreading the Wealth’ Isn’t Fair
A very good piece on taxation, e inequality and fairness in today’s Wall Street Journal by Arthur C. Brooks, president of the American Enterprise Institute. Brooks, a frequent guest speaker at Acton events, is also author of “The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America’s Future”, ing from Basic Books in June. Watch for the review on the PowerBlog soon. Simple facts about our tax system do not support the contention that it is...
Religion & Liberty: A Rare and Tenuous Freedom
The new issue of Religion & Liberty, featuring an interview with Nina Shea, is now available online. A February preview of Shea’s interview, which was an exclusive for PowerBlog readers, can be found here. Shea pays tribute to the ten year collapse munism in Eastern Europe, which began in the fall of 1989. The entire issue is dedicated to those who toiled for freedom. Shea is able to make the connection between important events and times in the Cold War...
Review — Capitalism: A Love Story
The family friendly Movieguide published my review of Michael Moore’s trashing of the market economy, “Capitalism: A Love Story.” Excerpt: Perhaps the most egregious bit of manipulative effort Moore displays in his latest attempt, which by all reports has failed miserably at the box office, is his attempt to use religion, in particular the social teachings of the Catholic Church, to grant an imprimatur to his un-nuanced critique of the business economy. e out of his Catholic closet (who knew...
Who’s Polling Whom?
Last night I got a phone call from a polling organization that wanted to ask me some questions about local ing elections and issues.” I listened to the introductory remarks politely but soon found myself persuaded to ask a question. “Where are you calling from?” If you don’t have call blocker, or an answering machine and still pick up your phone from time to time, you likely have listened to “Tina” or “Amy” from a remote area of Bombay or...
Commentary: Prophet Jim Wallis and the Ecclesia of Economic Ignorance
Sign up for Acton News & Commentary here. This week, I contributed a piece on Jim Wallis’ new book. +++++++++ This class of the very poor – those who are just on the borders of pauperism or fairly over the borders – is rapidly growing. Wealth is increasing very fast; poverty, even pauperism, is increasing still more rapidly. – Washington Gladden, Applied Christianity (1886) For three decades, we have experienced a social engineered inequality that is really a sin –...
Finding Out What’s In The Health Care Bill is Fun!
Remember when Nancy Pelosi said that the House needed to pass the health care reform legislation so we could find out what was in it? Well, it turns out that she might have done Congress a big favor by slowing things down and allowing her House members to figure out what was in the bill before passing it. I mean, I’m only saying that because it seems that in the process of passing the bill Congress may have accidentally left...
Extending Europe Eastward
A Polish friend mended this NYT piece by Roger Cohen reflecting on the most recent tragedy visited upon the Polish people. Cohen’s friend, Adam Michnik in Warsaw, “an intellectual imprisoned six times by the former puppet-Soviet Communist rulers,” had said to him in the past that: …my obsession has been that we should have a revolution that does not resemble the French or Russian, but rather the American, in the sense that it be for something, not against something. A...
Why Not Just Dispose of Nuclear Waste in the Sun?
PopSci follows up with the question I asked awhile back, “Why Not Just Dispose of Nuclear Waste in the Sun?” The piece raises doubts about launch reliability: “It’s a bummer when a satellite ends up underwater, but it’s an entirely different story if that rocket is packing a few hundred pounds of uranium. And if the uranium caught fire, it could stay airborne and circulate for months, dusting the globe with radioactive ash. Still seem like a good idea?” This...
Government debt: We’re all in the same (leaky) boat
Edmund Conway, economics editor of The Telegraph, looks at a new analysis of government debt by Dylan Grice of Societe Generale. The charts are eye popping. It’s not just a Greek, or EU problem. It’s also something that Americans e to grips with, and soon. You might call it a moral issue — too long living beyond our means. Conway quotes Grice, and then sums up: “The most chilling similarity between the Greeks and everyone else isn’t in the charts...
Will the health reform bill ‘improve the character’ of America?
A good back-and-forth at in character on health care reform between Karen Davenport and Heather R. Higgins. Question: Will the implementation of the health-care bill passed by Congress improve the character of our country? Davenport says “yes”: While we cede some rights, we also assume new responsibilities. First, we assume the responsibility to obtain and maintain coverage for ourselves, and acknowledge that we cannot wait to purchase health insurance until we are sick. We also take on greater responsibility for...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved