Home
/
RELIGION & LIBERTY ONLINE
/
Trump’s first ‘Hundred Day’ economic plan
Trump’s first ‘Hundred Day’ economic plan
Sep 14, 2026 12:05 AM

In a radio address on July 24, 1933, President Franklin D. Roosevelt referred to the 100-day session of the 73rd United States Congress between March 9 and June 17, a session that produced a record-breaking volume of new laws.

Despite the fact that the 100 days referred to a legislative session and not the beginning of a presidency, the term has e a metric for what a new president can plish and how effective they will be during their term. For this reason, president-elects often lay out a proposal for what they hope to plish during the early days after the Inauguration.

During a speech at Gettysburg, Pennsylvania last month, Donald Trump laid out his own plan for what he’ll do in his first days. Below is a summary of all the actions related to economics that Trump has promised to tackle in his Hundred Days.

Executive Actions

The following are actions Trump believes he can take either through the executive orders or through the other powers of his office:

• Issue a requirement that for every new federal regulation, two existing regulations must be eliminated.

• Announce his intention to renegotiate NAFTA or withdraw from the deal under Article 2205.

• Announce that the United States will be withdrawing from the Trans-Pacific Partnership.

• Direct his Secretary of the Treasury to label China a currency manipulator.

• Direct his Secretary of Commerce and U.S. Trade Representative to identify all foreign trading abuses that “unfairly impact American workers” and direct them to use “every tool under American and international law to end those abuses immediately.”

• Lift the restrictions on the production of $50 trillion dollars’ worth of job-producing American energy reserves, including shale, oil, natural gas and clean coal.

• Remove any obstacles to “vital energy infrastructure projects” (e.g., the Keystone Pipeline) so that the projects can move forward.

• Cancel billions in payments to U.N. climate change programs and use the money to fix America’s water and environmental infrastructure.

Legislative Proposals

The following are proposals for economic-related legislation that President Trump would send to Congress:

Middle Class Tax Relief And Simplification Act — An economic plan designed to grow the economy 4% per year and create at least 25 million new jobs through massive tax reduction and simplification, bination with trade reform, regulatory relief, and lifting the restrictions on American energy. The largest tax reductions are for the middle class. A middle-class family with 2 children will get a 35% tax cut. The current number of brackets will be reduced from 7 to 3, and tax forms will likewise be greatly simplified. The business rate will be lowered from 35 to 15 percent, and the trillions of dollars of American corporate money overseas can now be brought back at a 10 percent rate.

End The Offshoring Act — Establishes tariffs to panies from laying off their workers in order to relocate in other countries and ship their products back to the U.S. tax-free.

American Energy & Infrastructure Act — Leverages public-private partnerships, and private investments through tax incentives, to spur $1 trillion in infrastructure investment over 10 years. It is revenue neutral.

School Choice And Education Opportunity Act — Redirects education dollars to give parents the right to send their kid to the public, private, charter, magnet, religious or home school of their choice. mon core, brings education supervision to munities. It expands vocational and technical education, and make 2 and 4-year college more affordable.

Repeal and Replace Obamacare Act — Fully repeals Obamacare and replaces it with Health Savings Accounts, the ability to purchase health insurance across state lines, and lets states manage Medicaid funds. Reforms will also include cutting the red tape at the FDA: there are over 4,000 drugs awaiting approval, and we especially want to speed the approval of life-saving medications.

Affordable Childcare and Eldercare Act — Allows Americans to deduct childcare and elder care from their taxes, incentivizes employers to provide on-side childcare services, and creates tax-free Dependent Care Savings Accounts for both young and elderly dependents, with matching contributions for e families.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Finding A Way Out of Poverty in American Cities
“For too many of the poor in today’s America, life is essentially that of a client,”says Elise Hilton in this week’s Acton Commentary. “The government cares for their needs: housing, food, education. Spending one’s life as client creates an entitlement mentality: ‘I am here to receive. I am owed something. I depend on others for my needs and desires.’” A place is where people are invested. They create homes, send their kids to school and dance lessons, own businesses, shop...
L’Engle and the Church
This week the University Bookman published an essay in which I reflect on some of the lessons we can learn from Madeleine L’Engle’s A Wrinkle in Time, especially related to the recent discovery of an excised section. L’Engle, I argue, is part of a longer tradition of classical conservative thought running, in the modern era, from Burke to Kirk. Although L’Engle’s narrative vision is drenched in Christianity, she is often thought of holding to a rather liberal, rather than traditional...
Sex Trafficking CAN Be Eliminated
There are few things more horrifying than the sexual exploitation of a child. Perhaps it is made even worse to think that those who are meant to protect the child (parents, police, court officials) plicit in the harm of that child. No place on Earth was worse than Cambodia. But that has changed. According to International Justice Mission (IJM), Cambodian officials have said, “No more,” and they meant it. In the early 2000s, the Cambodian government estimated that 30 percent...
Rule by Law, or When the Quasi-Law is King
For much of human history, the dominant legal principle was rex lex—“the king is law.” In the 1600s, though, that view was subverted, mostly by Christian thinkers like Samuel Rutherford, who claimed lex rex—“the law is king.” Since then most Western governments have adopted the principle of that the rule of law, rather than the arbitrary diktats of government officials, should govern a nation. Increasingly, though, the principle of rule of law is being replaced, as Bruce Frohnen says, by...
Athenians and Visigoths: Neil Postman’s Graduation Speech
While it could be argued that youth is wasted on the young, it is indisputable mencement addresses are wasted on young graduates. Sitting in a stuffy auditorium waiting to receive a parchment that marks the beginning of one’s student loan repayments is not the most conducive atmosphere for soaking up wisdom. Insight, which can otherwise seep through the thickest of skulls, cannot pierce mortarboard. Most colleges and universities recognize this fact and schedule the graduation speeches accordingly. Schools regularly choose...
Aquinas’ Lessons for Economists
Prof. Harry Veryser stars in a new video from ISI that explores some of the lessons about private property, rights, responsibilities, and stewardship that can be gleaned from the thought of Thomas Aquinas. For a much more in-depth exposition of the connections between and lessons from Aristotle, Augustine, and Aquinas, check out John Mueller’s Redeeming Economics (ISI, 2010). For more, check out a slate of review essays on Mueller’s book published in Research in the History of Economic Thought &...
Radio Free Acton: George Weigel on Pope Francis
On this edition of Radio Free Acton, we’re joined in studio by eminent Catholic scholar George Weigel of the Ethics and Public Policy Center to discuss the pontificate of Pope Francis, his coverage by the global media, and his ing trip to the United States. Weigel is joined in studio by Acton’s President and Co-Founder Rev. Robert A. Sirico, and the discussion is moderated by Acton Director of Research Samuel Gregg. Listen via the audio player below. ...
7 Figures: Christians Decline Sharply as Share of Population
The Christian share of the U.S. population is declining, while the number of U.S. adults who do not identify with any organized religion is growing, according to an a new survey by the Pew Research Center pares the religious landscape of 2015 to 2007. Here are seven figures you should know from the report. 1. Between 2007 and 2014, the share of the U.S. population that identifies as Christian fell from 78.4 percent to 70.6 percent, driven primarily by declines...
Kishore Jayabalan: Pope Francis, The Economy And Missing The Mark
Kishore Jayabalan, Director of Istituto Acton in Rome, evaluates a new book on Pope Francis and the economy. The book, Papa Francesco: Questa Economia Uccide [Pope Francis: This Economy Kills], is written by two Italian journalists known for skirting the ethical standards for Vatican journalists. For that alone, Jayabalan does not hold their work in high esteem. Writing at Crisis Magazine, Jayabalan is curious as to the motives of authors Andrea Tornielli and o Galeazzi: As I started reading Papa...
Why Religious Organizations Are Preemptively Exempt from Taxation
Chief Justice John Marshalwrote, in the Supreme Court ruling in McCulloch v. Maryland (1819), “That the power to tax involves the power to destroy; that the power to destroy may defeat and render useless the power to create . . . are propositions not to be denied.” Yet for the last 196 years, people have repeatedly tried to deny those propositions. The latest example involves the Supreme Court’s pending ruling on the same-sex marriage issue will affect the non-profit status...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved