11.29.16

Senator David Perdue Discusses President-elect Trump’s 100-Day Plan On CNBC

WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) today on CNBC’s Squawk Box highlighted some of the priorities he intends to work on with President-elect Donald J. Trump to change the direction of our country.

Click here to watch the video or click on the image below.

Squawk 3 

Changing Directions: “I think realistically we're going to get after Obamacare. [President-elect Trump] said that and I think that's possible. We've got to do a budget to get there. I think we're going to go after some of the things we did last year that were vetoed—the Keystone Pipeline, Waters of the U.S. repeal, Clean Power Plan repeal—and look at some of the things inside Dodd-Frank that are keeping us from lending in small towns in America.”

Jumpstarting the Economy: “I would love to repeal Dodd-Frank. I think it’s one of the most onerous, overreaching pieces of legislation in my lifetime. It's shutting down small town America in terms of lending and capital formation. This economic miracle of the last 70 years was really built on innovation, capital formation, and the rule of the law, and we've gotten away from some of those principles.”

Streamlining the Tax Code: “We need to clean up the [tax] code. They’ve been saying that up here [in Washington] for 30 years with no action. President-elect Trump is talking about an individual tax reduction for potential growth. I'd like to also talk about cleaning up the deductions on corporate earnings, get rid of corporate welfare, and reduce the corporate rate to be competitive with the rest of the world, and finally eliminate the repatriation tax.”