With the latest GDP report revealing that the economy is beginning to stall, it’s clear that America needs an economic jolt. President Donald Trump’s proposal to allow full first-year expensing of equipment and plant investments for companies that bring factories and jobs back to America is exactly the kind of policy the country needs to reignite growth, fuel job-creating investment, and restore our competitive edge on the global stage.

Economic growth, while resilient in recent quarters, is now showing some carryover fatigue from Joe Biden’s disastrous policies. Real GDP decreased at an annual rate of 0.3 percent in the first quarter of this year. Wage growth has been tepid, productivity gains have flattened, and business investment has cooled, with inventory accumulation making up over half of business investment growth in the first quarter. (RELATED: Ex-Biden Aide Who Gaslit Americans About Inflation For Years Launches New Group To Rip Trump Economy)

The question is not whether this economy needs a boost, but how much longer it can stagger along without a pro-growth policy intervention. The answer lies in incentivizing the one thing that has consistently fueled sustained economic expansion throughout our country’s history: private sector investment.

Investing in America’s private sector is a proven strategy. During President Trump’s first term, the Tax Cuts and Jobs Act (TCJA)........

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