Economy

As we approach the holiday season, many Nebraskans are planning their travels. Increased fuel demand is a reminder of how important it is for our country to utilize every available energy source, as more choices for consumers typically lead to lower costs.

As our united effort to overhaul the tax code continues this fall, we are reminded of what took place 31 years ago when President Ronald Reagan signed the last comprehensive tax reform bill into law on October 22, 1986.

There is not enough long-term thinking in Congress. With tax reform, we can and must change this mentality. Focusing on the future will deliver more economic growth and greater opportunity for generations to come.

As happens too often when the federal government gets involved, a seemingly well-intentioned bill hastily signed into law in 2010 wreaked havoc on economic opportunity in America. You may be surprised to learn this is not a column about Obamacare. Instead, I am talking about a piece of legislation which has become known as “Obamacare for banks.”