Stacey Abrams in The Associated Press

On Budget & Economy: 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

The above quotations are from Columns and news articles distributed by the Associated Press in other publications. Click here for other excerpts from Columns and news articles distributed by the Associated Press in other publications. Click here for other excerpts by Stacey Abrams. Click here for a profile of Stacey Abrams.
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Page last updated: Sep 29, 2024