Women Making History
While we officially set aside one month each year to highlight the achievements of American women, it is important that we remember the countless contributions of women to the foundation of this nation and modern America every day.Throughout our country’s history, the achievements and hard work of women have pushed the next generation of our nation forward, encouraging each new generation of women to write their own place in history. As we mark Women’s History Month, it is important that we honor those women of the past who have paved the way, as well as the women of our present who make our society what it is today.
During my travels around the Sixth District, I have had the opportunity to meet many inspiring women. Whether they are a CEO, a teacher, an elected official, a doctor, a stay-at-home mom, a soldier, or a coach, their hard work deserves recognition. From small business owners who have built successful companies, to women working long hours to support their families, women are leading the way in making significant contributions to the United States economy and workforce. Today, close to 10 million American businesses are owned by women, employing millions of workers and accounting for $1.4 trillion in receipts. Women also make up approximately 47 percent of the American workforce, and in 40 percent of American households, mothers are the primary or sole earners.
Whether a woman works outside of the home, runs a household, or, many times, juggles both tasks, they often find themselves in the role of handling the family budget. Under the historic tax reform package signed into law last year, the simplification of the tax code and increases to paychecks that many have seen will make that task a little less difficult. In addition to the more than 4 million workers who are expected to receive bonuses as a result of these reforms, the Tax Cuts and Jobs Act doubles the standard deduction as well as the Child Tax Credit and expands 529 savings accounts to K-12 education. It’s estimated that a family of four making $75,000 will see a tax cut of over $2,100, and 90 percent of Americans will pay less in taxes.
Many of us can identify women who have played an important role in shaping our lives. I am thankful to have had strong women like my mother, wife, and daughter in my life. Now, as a grandfather, I look forward to the contributions my two little granddaughters will make to the future of our country.
While we officially set aside one month each year to highlight the achievements of American women, it is important that we remember the countless contributions of women to the foundation of this nation and modern America every day. There is no doubt that these strong women leaders will continue to inspire others to make history.