Later today, the eyes of the world will be on Washington DC, as Donald Trump will be inaugurated as the 45th President of the United States. Mr Trump has already announced many plans to be enacted on day one of his presidency to ‘restore [American] laws and bring back [American] jobs’. Here is what to expect…
Donald Trump has announced that, on day one, the United States will withdraw from the Trans-Pacific Partnership (TPP) and announce its intention to renegotiate NAFTA (North America Free Trade Agreement) or withdraw completely. He also will signal to his Secretary to the Treasury Steven Mnuchin to label China as a currency manipulator.
Within the first 24 hours of Trump’s presidency, authorities will begin removing over two million illegal immigrants from the United States, cancelling visas to nations that refuse to take the immigrants back. The US will also suspend immigration from ‘terror-prone’ regions where vetting cannot safely take place. Abuses of visa programmes will also be investigated.
Trump’s administration plan on cancelling ‘job-killing’ restrictions on American energy on day one, including shale gas and clean coal, to create jobs. They also plan on lifting Obama’s ‘roadblocks’ and allow energy projects, such as the Keystone Pipeline, to move forward.
After being inaugurated, Trump is expected to repeal every ‘unconstitutional executive action, memorandum and order’ issued during the Obama administration. He will also introduce legislation to reduce regulation – under the proposal, each new regulation will require two old regulations to be eliminated in its place. Trump is likely to also implement a hiring freeze of all civilian federal agencies (excluding the military and agencies related to public health and safety) to reduce the federal workforce over time.
‘DRAINING THE SWAMP’
The campaign pledge to ‘drain the swamp’ will begin on day one, with a five-year ban on executive officials becoming lobbyists after leaving office, a lifetime ban on executive officials lobbying on behalf of foreign governments, and a ban on foreign lobbyists raising money for American elections. Trump’s administration will also introduce term limits on all members of Congress.
The United States will cancel billions of dollars in payments to the United Nations’ climate change programmes on day one of Trump’s presidency. The money will be instead invested in water and environmental infrastructure.
…and three acts coming in his first 100 days in office
MIDDLE CLASS TAX RELIEF AND SIMPLIFICATION ACT
Trump hopes that his plan to boost the economy through tax reduction and simplication, regulatory relief, trade reform and lifting restrictions on the energy industry will lead to 4% growth per year and create more than 25 million new jobs. Under the proposed act, the number of tax brackets would shrink from seven to three and the business tax rate would be slashed from 35% to 15%.
REPEAL AND REPLACE OBAMACARE ACT
A dream of Republicans for many years, Trump plans on repealing and replacing Obamacare within his first 100 days. It will be replaced with Health Savings Accounts, the ability to purchase health insurance across state lines and the ability for states to manage their own Medicaid funds. The act will also cut ‘red tape’ at the Food and Drug Administration (FDA) to speed the approval of new life-saving drugs.
END ILLEGAL IMMIGRATION ACT
Another one of Trump’s campaign promises, this act will fully fund the construction of a barrier along the border with Mexico ‘with the full understanding that Mexico will be reimbursing the full cost’. It will also introduce a two-year mandatory minimum federal prison sentence for those caught illegally re-entering the country after a previous deportation, and a five-year mandatory minimum for those caught illegally re-entering with felony convictions, multiple misdemeanour convictions or two or more deportations from the United States. Also included in the proposed act will be reform to visa rules to enhance penalties for overstaying and to put American workers first.