Donald J. Trump (R) defeated former Secretary of State Hillary Clinton (D) to become the 45th President of the United States of America, ending a long campaign season. The Republicans also kept majorities in the U.S. House and U.S. Senate. The election of a Republican President, together with a Republican-controlled Congress, will change Washington’s priorities. We expect that President-Elect Trump will begin identifying his policy agenda in the coming days and weeks, as well as name a Transition Committee and begin clarifying priorities well in advance of his Inauguration on January 20, 2017.
At this time, we anticipate President-Elect Trump will work with the Republican controlled Congress to implement changes in some or all of the following areas:
- Taxes: Reducing all individual and corporate taxes and closing special interest tax loopholes.
- Infrastructure: Upgrading America’s infrastructure system by leveraging revenue, utilizing different financing opportunities (such as public-private partnerships), and incorporating new technologies and innovations into our infrastructure system.
- Energy: Making America energy-independent by removing regulatory barriers to energy production; eliminating the moratorium on coal leasing; and tapping into America’s shale, oil, and natural gas reserves.
- Trade: Working toward free trade and reducing the American trade deficit by withdrawing from and/or modifying trade agreements, including withdrawing from the Trans-Pacific Partnership and re-negotiating the North American Free Trade Agreement (NAFTA).
- Immigration: Reforming immigration by constructing a physical wall between America and Mexico and deporting anyone who illegally resides in the United States.
- Healthcare: Restructuring our healthcare system by repealing and replacing the Affordable Care Act with Health Savings Accounts, and allowing Americans to purchase health insurance across state lines.
Roetzel will continue to monitor President-Elect Trump as he appoints his Cabinet and implements his ‘100-Day Action Plan’ and provide further details. In the meantime, we encourage you to contact the listed Roetzel attorneys for more information, questions, or concerns regarding how the recent presidential election could affect you and your organization.
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