Washington, D.C. – Following reports that Michael Dell, CEO of Dell Technologies, will contribute more than $6 billion to Trump Accounts, Mary Thomas, CEO of the Faith & Freedom Coalition, issued the following statement:
“With the passage of the Working Families Tax Cut and the provision creating Trump Accounts earlier this year, this administration is recognizing that strong families are the backbone of a strong and vibrant economy. Trump Accounts will encourage families and even children to save, build wealth, and plan for economic security.
Today’s news that Trump Accounts will have added support from the private sector is encouraging and a nudge for other philanthropists and entrepreneurs to support the Trump administration’s investment toward a pro-family agenda.”
Background:
Recently, Mary Thomas authored an op-ed for the Daily Signal that reads in part:
To Grow the Economy, Support Strong Families:
“Now that the longest government shutdown in history is over, it’s imperative that Washington lawmakers quickly prioritize pro-economic growth policies.
One of the most effective ways to achieve this is by recognizing that strong families are the backbone of a vibrant and prosperous economy.
Click here to read the entire op-ed.
After all, every American family wants the same thing: the chance to work hard, provide for their children, and leave the next generation better off than the last. That promise—the American Dream—has always been rooted in two pillars: the dynamism of the free market and the strength of the family. When those two forces work together, our country flourishes.
We’ve seen this in action. President Donald Trump’s Working Families Tax Cut Act simplified the tax code and lowered rates, freeing small businesses to hire, invest, and grow. Over time, the economy is expected to continue growing.
We are beginning to see positive signs that the economy is trending in the right direction. According to the latest figures, the Gross Domestic Product (GDP) grew by 3.8% in the last quarter. Of course, many families continue feeling squeezed.
Click here to read the rest of the op-ed.