Happy New Year! And here’s this week’s edition of the NRSC Weekly Rundown:
National: Senate red state Democrats still won’t admit they were wrong about the GOP tax relief plan that’s giving bonuses and pay raises to hard-working Americans.Check out all the companies who are making sure their employees start 2018 right.
#MOSen: Springfield’s Great Southern Bancorp announced that it would join other Missouri businesses and provide bonuses to more than 1,200 employees. A bitter Claire McCaskill, who voted against the bill, refused to comment on Missourians’ pay raises when asked.
#NVSen: Pelosi’s puppet, Jacky Rosen, predicted the GOP tax bill would hurt Nevadans. But, Las Vegas based South Point announced $1 million in employee bonuses and investments to help to create 1,000 new Nevada jobs. So much for Pelosi’s “Armageddon.”
#OHSen: Peyton Manning’s favorite company in Ohio, Nationwide, announced they will be joining Cincinnati’s Fifth Third Bancorp in doling out employee bonuses and pay raises. What did Ohioans learn? Sherrod Brown’s not on your side.
#PASen: Bob Casey’s indefensible opposition to the GOP tax relief plan remains steadfast as Dunmore’s Fidelity Bank announced that it paid a $1,000 bonus to all full-time employees earning less than $100,000, and a $500 bonus to its part-time employees. Fidelity is just one of several Pennsylvania companies giving out bonuses or raising wages after the Republican tax cut plan.
#UTSen: Senator Orrin Hatch announced on Tuesday that he plans to retire at the end of his term later this year. “Orrin Hatch’s many achievements have shaped American politics for the better,” NRSC Chairman Cory Gardner said in a statement.
#WVSen: In an interview with the New York Times, President Trump ripped Joe Manchin, saying he “doesn’t do anything” and is all talk and no action. In an attempt to save his reelection in a state Trump carried by 42 points, Manchin is now kissing up to the President.
NEWS AND NOTES:
Dow breaks above 25,000 for the first time ever after strong jobs data
The Dow Jones industrial average broke above 25,000 for the first time on Thursday, tying the fastest 1,000-point move in its history, following the release of stronger-than-expected jobs data. READ
Over 100 companies giving ‘Trump Bonuses’ after tax victory, ‘tsunami building’
The number of companies offering employee bonuses, pay hikes, and increases in benefits in reaction to President Trump’s December tax reform victory is now over 100, with thousands of workers impacted and charities too. READ
US economy added 250,000 jobs in December
US companies closed out 2017 with strong hiring in December, adding the most jobs in nine months — news that sent the Dow Jones industrial average soaring past a record 25,000 points Thursday morning. READ
S&P 500 and Nasdaq rise to records on first trading day of 2018
Last month, President Donald Trump signed a bill that slashed the corporate tax rate in the U.S. to 21 percent from 35 percent. Several companies announced they were giving bonuses to their employees after Trump signed the bill. READ
U.S. Factory Activity Gained Momentum in December
The U.S. factory sector posted one of its best months of the economic expansion in December as sales hit a 14-year high, the latest sign economic growth is picking up. READ
