Congressman Patrick McHenry

September 9, 2018

Congressman McHenry Weekly Update

Helping Americans Save for Retirement

Recently, I joined President Donald J. Trump in Charlotte as he issued an executive order that will help strengthen retirement security in America. The order will help will help the forty two million Americans working for small businesses find easier ways to save for retirement.

Official White House Photo by Shealah Craighead.

Click here to read the executive order on strengthening retirement security in America. For more information on last week's executive order click here for a release from Secretary of Labor Alexander Acosta.

Official White House Photo Shealah Craighead.

Click here for a video of last week's events in Charlotte, courtesy of the White House.

Helping Students Achieve Their Dreams

On Wednesday, the House passed a bipartisan bill that will empower more students to achieve their dreams of attending college. While many students receive federal student aid, an alarming number of these students are not receiving adequate financial counseling. This bill helps to ensure that students and their parents have the adequate support they need in order to have the most up-to-date information on their federal student aid. Click here to learn more about this important legislation courtesy of the Committee on Education and the Workforce.

Thanking Our Service Members and Their Families

The families of our military men and women also make great sacrifices for our nation. This week, I was honored to help them as I joined the USO to prep care packages for the spouses of our service members deployed around the world. Thank you to all of our brave men and women for their service.


	What I Have Been Reading
	U.S. jobless claim declined to fresh post-1969 low last week Bloomberg Another day, another headline about the strong American economy. Last week the unemployment claims fell to some of the lowest points we've seen in the past five decades. That means businesses all across the country are hiring more workers to meet growing demand thanks to the Tax Cuts and Jobs Act. Rise in U.S. business equipment orders points to firm investment Reuters Tax reform hasn't just helped American businesses hire more workers. Businesses are also investing more, which has led to 4.2% GDP growth in the last quarter. In fact, the Commerce Department revised how fast the GDP grew because the increased business investment led to higher growth than previously thought. U.S. wage gains pick up to 2.9% while payrolls rise 201,000 Bloomberg Low unemployment claims aren't the only good news for American workers. American wages rose in August by the most since the recession ended in 2009. Rising wages combined with low unemployment provides further proof our economy is growing thanks to the Tax Cuts and Jobs Act.

WASHINGTON, D.C. OFFICE
2334 Rayburn HOB
Washington, D.C. 20515
Telephone: 202.225.2576
Fax: 202.225.0316

GASTONIA DISTRICT OFFICE
Suite 115
Gaston Co. Administrative Bldg
128 West Main Avenue
Gastonia, NC 28053
Telephone: 704.833.0096

HICKORY DISTRICT OFFICE
1990 Main Ave. SE, PO Box 1830
Hickory, NC 28603
Telephone: 828.327.6100
Toll-Free in NC: 800.477.2576
Fax: 828.327.8311

BLACK MTN. DISTRICT OFFICE
160 Midland Avenue
Black Mountain, NC 28711
Telephone: 828.669.0600

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