While Joe Biden Touts Radical Policies That Will Eliminate Pennsylvania's Jobs And Hurt Its Economy, President Trump Is Standing Up For Pennsylvania
PRESIDENT TRUMP HAS LED AN UNPRECEDENTED EFFORT TO PROVIDE LIFE-SAVING RESOURCES TO PENNSYLVANIANS TO FIGHT THE CORONAVIRUS
- Under President Trump's leadership, FEMA has provided Pennsylvania with $74.6 million in federal support and has ensured that the state has the appropriate amount of Personal Protective Equipment to fight the coronavirus.
- Through The CARES Act, the federal government has provided $4.96 billion in assistance to the state to deal with the outbreak and more than $1.25 billion to Pennsylvania health care providers .
- President Trump's Paycheck Protection Program provided over $20.7 billion worth of loans to more than 173,000 Pennsylvania businesses , saving 1.8 million jobs .
- Through the CARES Act, 6.5 million Pennsylvanians received Economic Impact Payments totaling more than $10.9 billion in relief.
- Recently, President Trump signed a series of executive actions to ensure Pennsylvanians continue to receive economic relief during the pandemic as Democrats have let many coronavirus programs created in the CARES Act expire.
- Through his executive actions, President Trump revived unemployment benefits, addressed an eviction ban, provided relief to student borrowers, and suspended the collection of payroll taxes.
WHILE PRESIDENT TRUMP IS FIGHTING TO ENSURE PENNSYLVANIANS RECEIVE THE BEST HEALTH CARE AT A LOWER PRICE, BIDEN HAS EMBRACED A RADICAL HEALTH CARE PLAN THAT WILL HURT PENNSYLVANIA'S HOSPITALS
- President Trump has advocated to ensure Americans receive the best health care at a lower price, which has resulted in lower premiums in Pennsylvania .
- The Trump Administration has taken action to provide cheaper options to Pennsylvanians by increasing the availability of short-term, limited-duration plans and has expanded the Health Reimbursement Arrangements, giving millions of Americans more options when they are selecting health plans.
- President Trump has also taken action to deliver lower drug costs to Pennsylvanians
- Prescription drugs saw their largest price decrease in over half a century in 2018.
- Basic premiums for Medicare Part D prescription drug plans fell by 13.5% since 2017 ; the lower cost has saved beneficiaries $1.9 billion in premium costs.
- Within the first 19 months as President, the Trump Administration approved generic drugs at historical rates, which resulted in patients saving $26 billion .
- President Trump has signed legislation ending "gag clauses" that prevented pharmacists from informing patients about the lowest prices for medications that Americans depend on.
- The Trump Administration also announced a Part D Savings Model that will provide Medicare patients options to access a broad set of insulins at a maximum $35 copay per month.
- Prescription drugs saw their largest price decrease in over half a century in 2018.
- In an effort to continue to drive down the costs of prescription drugs for Americans, President Trump recently signed four Executive Orders .
- The first order directs federal health centers to pass along massive discounts on insulin and epinephrine received from drug companies to low-income Americans.
- The second order will allow States, pharmacies, and wholesalers to participate in safe importation of certain drugs , allowing the re-importation of insulin products made in the U.S., and create a pathway for widespread use of personal importation waivers at authorized pharmacies.
- The third order prohibits secret deals between drug manufacturers and pharmacy benefit manager middlemen and ensures patients are directly benefiting from available discounts at the pharmacy.
- The final order ensures that the U.S. pays the lowest price available in economically comparable countries for Medicare Part B prescription drugs.
- President Trump has also worked with Congress to secure nearly $200 billion for struggling hospitals as part of the bipartisan CARES Act.
- As part of the CARES Act, the Trump Administration established the Provider Relief Fund to distribute billions in emergency funding to hospitals and other health care providers.
- Recognizing the urgent need for funding as hospitals took massive financial losses from the coronavirus and , the Trump Administration was able to quickly distribute an initial $30 billion of the $100 billion funds to provide immediate relief.
- Meanwhile, Biden has embraced radical health care policies that could negatively affect private insurance that 7.1 million Pennsylvanians rely on.
- A study done by Navigant Consulting, Inc., found that under a " public option " like the one favored by Biden, 25 of Pennsylvania's hospitals would be at "high risk" of closing.
- The study also found that Pennsylvania's 43 rural hospitals would lose about $2.4 billion of their total funding .
- The risk of having hospitals close in the state would ripple through local economies and in rural communities where hospitals and healthcare providers are major employers.
- The transition away from private insurance would force hospitals to treat millions of new patients at government rates and " compound financial stresses " they are already facing.
- A study done by Navigant Consulting, Inc., found that under a " public option " like the one favored by Biden, 25 of Pennsylvania's hospitals would be at "high risk" of closing.
PRESIDENT TRUMP HAS TAKEN THE LEAD IN PROMOTING PRO-GROWTH POLICIES, AND TAX CUTS WHICH HAVE RESULTED IN BUILDING A STRONGER ECONOMY FOR PENNSYLVANIA WORKERS AND FAMILIES
- Before the coronavirus pandemic, Pennsylvania had added over 209,000 new jobs since President Trump was elected and averaged faster economic growth than it did under the Obama-Biden Administration.
- Pennsylvania has already added back 532,800 jobs over the last three months.
- Pennsylvania workers and the middle-class have benefited from the Trump economy, as median household income rose by nearly $1,400 during the first two years President Trump was in office.
- The income jump is more than double the increase during the entirety of the Obama-Biden Administration.
- Lower-income Pennsylvanians have also benefitted under President Trump, as more than 74,000 have been lifted out of poverty , while more than 133,000 fell into poverty under the Obama-Biden Administration .
- During the first three years of the Trump Administration, there have been more than 123,000 Pennsylvanians lifted off food stamps , and homelessness has dropped by 14% , and veterans' homelessness has dropped by almost 25% .
- Middle-class workers and small businesses in Pennsylvania have seen remarkable gains from President Trump's Tax Cuts and Jobs Act.
- On average, Pennsylvanians saw a tax cut of more than $1,400 and the TCJA is projected to create 49,000 new jobs in the state over the next decade.
- David Cranston, President of The Western Pennsylvania Company, said that the savings he received from the Tax Cuts and Jobs Act is " a big deal " for small business owners like him.
- The Tax Cuts and Jobs Act doubled the Child Tax Credit, increasing savings for 823,400 families in Pennsylvania more than $2 billion annually .
- Research from the Center On Budget and Policy Priorities suggests the child tax credit leads to improved educational outcomes for young children in low-income households .
- Due to the Opportunity Zones program created in the Tax Cuts and Jobs Act, 300 low-income areas will be revitalized and spur economic growth in the state.
- Thanks to Opportunity Zone incentives, a downtown Phillipsburg building that has been vacant for five years will " undergo renovations and welcome a new tenant ."
PRESIDENT TRUMP HAS KEPT HIS PROMISE BY RENEGOTIATING THE DISASTROUS NAFTA TRADE AGREEMENT BY REPLACING IT WITH THE USMCA, WHICH WILL SUPPORT 477,900 JOBS IN PENNSYLVANIA
- The disastrous NAFTA Trade agreement, supported by Biden, caused Pennsylvania to lose 26,300 jobs due to the high trade deficits with Mexico .
- Thanks to President Trump's action, the USMCA trade deal has the potential to add 588,000 jobs and grow U.S. GDP by $235 billion .
- The USMCA trade deal comes into force after President Trump promised to renegotiate the disastrous NAFTA trade deal during the 2016 campaign.
- The USMCA Trade Deal is critical to Pennsylvania's economy as they export more than $15 billion worth of goods to Canada and Mexico each year , and 477,900 jobs are supported by trade with the two countries .
- The 6,200 Pennsylvania dairy farms will see a boost in market access as the USMCA eliminated Canada's unfair milk pricing program .
- About 60% of Pennsylvania agriculture exports totaled more than $1.43 billion per year under NAFTA, and figures are expected to increase significantly under the USMCA .
- Pennsylvania business leaders praised the USMCA deal as it will encourage more goods to be produced in the United States and create thousands of high paying manufacturing jobs that the state depends on.
PRESIDENT TRUMP HAS CONTINUED TO PROMOTE SCHOOL CHOICE, WHILE BIDEN HAS PLEDGED TO END SCHOOL CHOICE THAT THOUSANDS OF PENNSYLVANIAN FAMILIES RELY ON
- Biden has pledged to diminish charter schools and opposes the tax credit scholarship programs that children rely on.
- Biden has had a history of opposing school choice as the Obama-Biden Administration ended a successful D.C. school voucher program which led to scholarships being denied to low-income students.
- Charter schools play a significant role in Pennsylvania, as more than 137,000 students are enrolled in the 179 charter schools in the state.
- Pennsylvania's tax credit scholarship program also provides education opportunity to more than 50,000 low and moderate-income students and gives " students a fair shot at a high-quality education that best meets their needs ."
- President Trump has been a strong advocate for school choice and has made it a priority for his Administration to invest in the development of public charters schools.
- Since elected, President Trump has invested nearly $1.5 billion in public charters schools , which currently serve more than 3 million students across the nation.
- President Trump has also fought for lower-income families who depend on school choice by reversing the Obama-Biden decision , which cut funding to D.C. Opportunity Scholarship Program.
- President Trump has also called for Congress to pass the School Choice Now Act, which includes the President's Education Freedom Scholarship proposal which will give students and families the resources to select the right education setting that works for them .
PRESIDENT TRUMP HAS BOOSTED PENNSYLVANIA'S ENERGY SECTOR, WHILE BIDEN HAS PROPOSED A BAN ON FRACKING WHICH WOULD KILL 609,000 PENNSYLVANIA JOBS AND TAKE $261 BILLION OUT OF THE STATE'S ECONOMY
- Due to President Trump's actions, " for the first time in nearly 70 years ", the United States has now become the largest producer of oil and natural gas in the world, leading the nation towards energy independence.
- President Trump's policies to boost the energy sector has significantly impacted Pennsylvania, as the state supports over 300,000 jobs and contributes $50 billion to the state's economy each year.
- President Trump has made it a priority that the United States remains one of the top producers in oil and natural gas, as he recently announced that export authorizations for American liquefied natural gas would be extended through 2050 .
- Pennsylvania will benefit significantly from President Trump's export authorization, as the state is the nation's second-largest natural gas producer and produces nearly one-fifth of all U.S. natural gas.
- Oil production on federal lands has risen at an " extraordinary pace " since President Trump has been elected, and the boom has driven up government revenue from lease sales and royalties collected from oil and gas production on federal lands, "which is shared with states."
- States like Pennsylvania depend on federal oil, gas, and coal sales to help pay for its schools, roads, and other needs .
- President Trump has continued to deregulate the energy sector and has taken action to empower states like Pennsylvania, which will promote energy independence and facilitate economic growth and job creation.
- In August 2018, the Trump Administration moved to formally replace the Clean Power Plan , with the Affordable Energy Rule, which gives states more authority to make their own plans regulating emission.
- According to NERA Economic Consulting, the Obama era Clean Power Plan would have increased electricity rates by as much as 14 percent, costing American households up to $79 billion .
- In August 2018, the Trump Administration moved to formally replace the Clean Power Plan , with the Affordable Energy Rule, which gives states more authority to make their own plans regulating emission.
- Meanwhile, Biden and his VP Pick, Kamala Harris, have proposed radical energy policies , pledging to increase regulations , shut down coal power plants , and has expressed support for a ban on fracking , which would devastate Pennsylvania's economy.
- Biden and Harris have said on multiple occasions that they both want to ban fracking.
- A fracking ban would cost 609,000 Pennsylvania jobs and eliminate $261 billion in GDP and cost the state and local government $23.4 billion in tax revenue.
- With a fracking ban in place, Pennsylvania consumers would be paying an additional $4,654 per capita more than today through 2025.
- Households in Pennsylvania would experience a loss in income of $114 billion by 2025.
- A ban on fracking would also jeopardize the programs and services that have benefitted from the state's natural gas impact tax fund .
- In 2019, Nearly 2 billion in natural gas revenues funded municipal governments, provided financial support for environmental, highway, water and sewer projects, rehabilitation of greenways, and other state agencies.
- Biden's plan to shut down coal power plants would hurt Pennsylvania's economy as they are the third-largest producer in coal .
- In 2017, Pennsylvania's coal industry generated 17,700 jobs , including 6,000 directly tied to mining and 11,000 related to supply chain and support services.
- Of the 47.2 million tons of bituminous coal produced in the state, 58% is used for electric power generation .
- Pennsylvania's coal mining accounts for nearly $7 billion in economic activity in the state, including $4.6 billion directly from mining and $2.27 billion from indirect and induced contributions.
- Biden has also proposed to eliminate carbon emissions by 2035 from the United States natural gas and coal power plants, " which currently provide nearly two-thirds of U.S. electricity ."
- Pennsylvanians rely heavily on these fossil fuels as the majority of households use them for their primary source for electricity and heating.
- An analysis found that getting rid of fossil fuels to eliminate carbon emissions, like Biden is proposing, is not feasible as it would cost up to $4.7 trillion to wean the U.S. power sector off fossil fuels , which would cause a sharp increase in prices for consumers.
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