The Associated Press: on Budget & Economy


Stacey Abrams: FactCheck: Tax bill might be "rigged" but economy doing well

Stacey Abrams, former candidate for Georgia governor, in the Democratic response to Trump's speech, said: "The Republican tax bill rigged the system against working people. Rather than bringing back jobs, plants are closing, layoffs are looming and wages struggle to keep pace with the actual cost of living.

THE FACTS: The economy is doing better after the introduction of the Trump administration's tax cuts than Abrams suggests. The number of people seeking unemployment benefits, a proxy for layoffs, briefly fell to a five-decade low last month. And average hourly pay is running ahead of inflation.

Source: A.P. Fact-Check on 2019 State of the Union address Feb 6, 2019

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