CLEVELAND -- Just over two months ago, with the strong support of Ohio's Republicans in Congress, President Donald Trump signed into law the largest tax cuts and tax reform in American history. When I visit Cleveland today, I'll see firsthand that our tax cuts are working - and they're making a remarkable difference in the Buckeye State.
The new tax-cut law capped off a year of decisive action by our administration. Since Day One, we've worked tirelessly to keep our promises to the people of Ohio. We've rolled back the heavy hand of government by repealing regulations, eliminating 22 old rules for each new one. We've unlocked the affordable and abundant energy that powers Ohio's economy. And we've stood up to other countries' unfair trade practices and fought for deals that put Ohio workers first.
Cleveland is proof that our policies are working.
Since our November 2016 election, unemployment in the five-county Greater Cleveland area has dropped by nearly 10 percent, and good-paying jobs are making a comeback. In the last year of the previous administration, Greater Cleveland lost thousands of manufacturing jobs, but under this president, more than 3,300 new manufacturing jobs have been created. In the Buckeye State as a whole, factories have hired more than 10,000 new workers, and companies across every industry have added more than 50,000 new jobs.
But the best news is that our tax cuts will only turbocharge this growth.
Since the president signed the tax cuts into law, working families across Ohio have already gotten more money in their pockets, and companies are responding with renewed investment in the Buckeye State.
Under our tax cut, the typical Ohio couple with two children will get nearly $2,300 more of their hard-earned money every year.
After all, you know how to spend your paycheck better than any bureaucrat in Washington, D.C., ever could.
Ohio families can also expect to see their paychecks grow nearly $4,000 in the years ahead, as Buckeye State companies reinvest their tax savings to raise wages for their employees and expand their business.
Our tax cut makes American companies competitive anywhere in the world - and as Ohio knows, when the playing field is level, American workers always win.
Since the tax cuts passed in December, company after company in Ohio has taken dramatic actions to reward their employees, with raises, bonuses, better benefits, and more.
Jergens Inc., a manufacturing company based in Cleveland, is doubling its annual rate increases for its workers.
KeyCorp, another Cleveland business with nearly 6,000 employees, is increasing its base wage and putting more money into its workers' retirement plans.
Fiat Chrysler is giving $2,000 bonuses to more than 6,000 Ohio workers.
And the list goes on. As the tax cuts take hold across the wider economy, more and more companies will take action, benefiting more and more Ohioans. Simply put, workers in the Buckeye State will benefit from our tax cuts for generations to come.
Every Republican in Congress from Northeast Ohio voted to pass these tax cuts - they deserve your thanks. Congressmen Dave Joyce, Jim Renacci, Bob Gibbs, and Jim Jordan stood with our administration. They put Ohio workers first.
Now President Trump and I will keep working with these principled Ohio leaders to keep growing our economy, supporting job creators, and expanding opportunity and prosperity for the American people. We're going to keep cutting job-killing red tape and standing up to unfair trade practices by other countries, including China. And we'll pass a historic infrastructure bill that will rebuild the Buckeye State.
We've got our work cut out for us, but at times like these, I can't help but think of the Buckeye State's motto: "With God, all things are possible." With the continued support of the good people of Ohio, with the leadership of our president, and with God's help, I know: We'll finish what we've started, and we'll Make America Great Again.