How to Grow America’s Economy

Sustained economic growth is essential for widespread prosperity. U.S. Chamber President and CEO Suzanne P. Clark highlighted policies elected leaders should prioritize to boost growth.

Why it matters: Americans want faster economic growth that improves their lives, fuels innovation, creates more opportunities, and strengthens communities.

• “Businesses of all sizes drive economic growth and want to invest in America,” Clark wrote. “President Trump has made it clear he wants that investment, too.”

Be smart: Clark detailed five policies to help American workers, families, and businesses thrive:

• Make tax reform permanent: Washington must avoid a $4.5 trillion tax increase. The U.S. Chamber is working with Congress to get lasting pro-growth tax policy across the finish line, including hosting 100 roundtables across the country.
• Finalize trade deals and wind down new tariffs: The U.S. Chamber has called for tariff exclusions for small businesses, for products not produced in the U.S., and for companies facing imminent layoffs of American workers. “The tariffs enacted to date are effectively the largest tax increase in history and will hinder the growth America needs.”
• Cut red tape: Streamline our outdated permitting process. It takes far too long to get a permit to build factories and infrastructure.
• Address legal immigration: President Trump was right to focus on border security. Now it’s time to focus on America’s legal immigration system so it meets the needs of workers, businesses, and local economies.
• Unleash American energy: The administration can help encourage investments in energy production and transmission to take advantage of the U.S. as a global energy superpower.