What tax cuts mean for Ohio
This afternoon, President Donald J. Trump visits Cincinnati, Ohio, for the second time during his Administration. He’ll be joined by Treasury Secretary Steven Mnuchin and Republican legislators from Ohio to discuss what tax cuts and reform has meant for the state.
The President will tell Ohioans that since he signed the Tax Cuts and Jobs Act in late December, more than 300 companies have delivered bonuses, raises, or 401(k) investments to more than 3 million American workers. The result of the bill has been historic tax relief for Americans not seen since President Ronald Reagan’s Administration.
Before he speaks to Ohioans, President Trump will participate in a tour of the Sheffer Corporation—a manufacturer of hydraulic, pneumatic, and custom cylinders—and meet with Ohio business leaders.
Watch the President’s remarks live at 2:30 p.m. ET.
The President meets with North Korean defectors
President Trump met with eight defectors from North Korea Friday in the Oval Office. One person from the group, Ji Seong-ho, had joined the President as a special guest at last Tuesday’s State of the Union Address.
“[Seong-ho] really made an incredible impression on me and on everybody else, both on television and in that magnificent room,” the President said. “I had an opportunity to meet with some of the folks, and their stories are amazing.”
The defectors shared personal stories of their harrowing escapes from North Korea, as well as details on their experiences living under Pyongyang’s repressive Kim regime. The group of escapees met with other senior U.S. officials during their trip to Washington.
Watch as President Trump meets with these heroic North Korean defectors.
Jobs gains top off a banner week
Friday morning’s jobs report showed 200,000 new jobs in January, capping off a week of stellar economic news that included rising wages, higher confidence, and expanding manufacturing.
The headlines tell the story:
BLOOMBERG: U.S. Added 200,000 Jobs in January; Wages Rise Most Since 2009
CNBC: Pay Gains During Trump’s First Year in Office Best Since the Great Recession
MARKETWATCH: Wage Increases Reported by Highest Number of Companies in 18 Years, Survey Finds
WASHINGTON EXAMINER: U.S. Oil Production Hits 10 Million Barrels per Day for First Time Since 1970
Read more: Jobs numbers top off an impressive week of economic news
Bonus read: Council of Economic Advisers shares good news on wage growth
Photo of the Day
President Donald J. Trump and First Lady Melania Trump watch a performance by the Florida Atlantic University marching band and cheerleaders prior to Super Bowl LII | February 4, 2018 (Official White House Photo by Shealah Craighead)
This morning President Trump met with Vice President Mike Pence. Later, the First Lady will accompany the President to Ohio to participate in a briefing on opioids and a patient meet and greet at Cincinnati Children’s Hospital Medical Center.
In the afternoon, The Vice President and Second Lady will depart Washington, DC, en route to Anchorage, Alaska, to participate in a United States Northern Command briefing with aerospace and missile defense leadership.