07.27.18

Senator David Perdue Comments On Second-Quarter 2018 GDP Growth

“This economic growth is a crucial part of solving our national debt crisis.”

ATLANTA, GA – U.S. Senator David Perdue (R-GA) comments on the U.S. Department of Commerce’s analysis of 2018 second-quarter Gross Domestic Product (GDP) growth:

“The second-quarter GDP growth of 4.1 percent clearly demonstrates that President Trump’s economic agenda is working. When President Trump took office, he said job one was growing the economy. His strategy included undoing regulations, releasing our energy potential, changing the tax system, and rolling back parts of Dodd-Frank. These efforts are generating much-needed economic growth that is a crucial part of solving our national debt crisis. Every one percent of GDP growth adds about $300 billion dollars of federal tax revenue. This performance highlights the need to continue the President’s agenda to work on immigration, trade, and infrastructure.”

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Senator Perdue is the only Fortune 500 CEO in Congress and is serving his first term in the United States Senate, where he represents Georgia on the Armed Services, Banking, Budget, and Agriculture Committees.