Louisiana is building a stronger economy than we have ever had before, and we haven’t even begun to see how our economy can thrive when the federal government gets out of the way.
Since the pandemic, Louisiana has steadily added jobs to the economy for 51 consecutive months. Louisiana has registered more than 2 million jobs this year for the first time in our history. Our manufacturing sector has climbed to 20th in the nation.
Much of this growth occurred in spite of policies coming out of Washington.
President Biden added hundreds of regulations on American businesses—more than any other president in American history. It has cost American companies an estimated $1.4 trillion to comply with these regulations.
In addition to over-regulating American businesses, the Biden administration and Congressional Democrats caused an inflation crisis by spending trillions of dollars on unnecessary COVID packages and the so-called Inflation Reduction Act. These Biden-era spending sprees poured fuel on America’s inflation fire. In turn, Louisianians had to spend an additional $11,292 per year to cover the cost of inflation while President Biden was in office.
Fortunately, the American people recognized that President Biden’s policies were gutting our economy like a fish. They voted for change, and the Trump administration and the Republican Congress are already delivering.
On his first day in the Oval Office, President Trump eliminated hundreds of regulations that the Biden administration had dumped on American businesses. Congress stepped up, too, to permanently ban some regulations through the Congressional Review Act. President Trump signed two of my resolutions into law to repeal burdensome rules regarding community banks and Louisiana’s offshore energy producers.
In his first term, President Trump, with support from Republicans in Congress, cut two federal regulations for every rule he added, and our economy took off like a rocket. This time, his administration plans to cut 10 regulations for every new rule he adds. We’re cutting red tape faster than ever before, and it has already saved American families more than $180 billion.
Congress also passed the largest tax cut in American history in the One Big Beautiful Bill. Not only did we extend the tax cuts passed under President Trump’s first term, but we also eliminated many taxes on tips, overtime, Social Security, and car loan interest.
Had Congress followed the advice of our Democratic colleagues and failed to pass these tax cuts, the average Louisiana household would have experienced a $1,214 tax hike. That’s roughly how much money Louisianians spend to purchase seven weeks of groceries. Our economy would have gone down like a fat guy on a seesaw without these tax cuts.
Lower taxes and deregulation are a recipe for economic success anywhere in the country, but especially in North Louisiana. Between shale production, the expanding Port of Caddo-Bossier, and several new ventures into artificial intelligence, North Louisiana has become a hotbed of new investment and small business growth. It’s one of the reasons Bossier City made the 2025 list of best cities for starting new businesses in America.
The government doesn’t create jobs. Hardworking people do. But the government can make it much more difficult for the businessmen and women in Louisiana to continue to grow their companies.
The Biden administration laid on our economy like a wet blanket, and Louisiana businesses still managed to add jobs and develop new industries in our state. I can’t wait to see how Louisiana thrives when the federal government stays out of its way.