INSTANT SUCCESS: American Businesses Announce Major Bonuses For Employees Because Of Trump Tax Reform
INSTANT SUCCESS: American Businesses Announce Major Bonuses For Employees Because Of Trump Tax Reform

President Donald Trump hosted Republicans lawmakers at the White House, delighted that the GOP in Congress had finally delivered on signature tax cut legislation.

President Trump thanked Senate Majority Leader Mitch McConnell and Speaker Paul Ryan, and many other senators and members of Congress for their efforts to pull the bill across the finish line on Wednesday.

“I want to thank you, Mitch McConnell. What a job,” he said. “It’s always a lot of fun when you win.”

Trump also praised Speaker Paul Ryan for a job well done, calling him “a great Speaker.”

Ryan returned the complements to Trump, thanking him for his presidential leadership.

“Something this big, something this generational, something this profound could not have been done without exquisite presidential leadership,” Ryan said. “Mr. President, thank you for getting us across the finish line.”

The celebration event was held outside on the South Lawn of the White House, although it was 51 degrees in December. Christmas music was playing during the event for the “celebration.” It is unclear when Trump plans to sign the bill, but it could happen as early as next week.

Enthusiastic Republicans applauded and cheered several times during the president’s remarks as Trump allowed many of his Republican allies to speak from the podium.

Related: Didn’t skip a beat! Hillary’s arrived to help Dems channel their tax cut ‘outrage’

Four American companies announced on Wednesday that they would both be investing hundreds of millions of dollars in their employees because of GOP tax reform bill that the Senate passed on Tuesday night.

AT&T announced that once President Donald Trump signed the bill into law that they would “invest an additional $1 billion in the United States in 2018 and pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees.” AT&T further noted that if Trump signed the bill before Christmas that the company will receive the bonus over the holidays.

“Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,” Randall Stephenson, AT&T chairman, and CEO said in a statement. “This tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees.”

Trending: Did Disney Morph Hillary Into Trump For The Hall of Presidents?

Boeing announced an “immediate commitment” to investing an additional $300 million in three areas that will directly benefit their employees:

  • $100 million for corporate giving, with funds used to support demand for employee gift-match programs and for investments in Boeing’s focus areas for charitable giving: in education, in our communities, and for veterans and military personnel.
  • $100 million for workforce development in the form of training, education, and other capabilities development to meet the scale needed for rapidly evolving technologies and expanding markets.
  • $100 million for “workplace of the future” facilities and infrastructure enhancements for Boeing employees.

Dennis Muilenburg, President, and CEO of Boeing praised the new tax reform bill, saying that it is critical for Boeing sustained long-term growth.

“For Boeing, the reforms enable us to better compete on the world stage and give us a stronger foundation for the investment in innovation, facilities and skills that will support our long-term growth,” Muilenburg said. “Each of these investments benefits Boeing’s most important strength – our employees – and reflects the real-time impact and economic benefit of the reforms.”

Fifth Third Bancorp, a bank headquartered in Ohio, announced that they would raise the minimum hourly wage for all employees to $15 following the tax reform bill and would give a one-time bonus of $1,000 to more than 13,500 of its employees.

Wells Fargo announced that they will increase their minimum hourly pay rate to $15, and will “aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill.”

Trending: Desperate Rosie O’Donnell Violates Federal Law, Offers To Bribe GOP Senators To Vote Against The Bill

Here is the full Trump tax speech:

Text Example

Free speech is under attack. Share this article on Social Media by clicking the share button, do your part to keep independent journalism going.