Jobs and Economy

While Democrats are focused on ensuring working families can Make It In America, President Trump has failed to take action to create jobs or strengthen our economy.
Make It In America hearing

Creating jobs and rebuilding our economy continues to be Democrats’ top priority.  Even as our economy recovers, too many Americans are not seeing that recovery in their daily lives. That has to change, and that’s why Democrats are fighting for a better deal for middle class families and small businesses.  We are pursuing a Make It In America plan to address the current economic challenges facing working families by investing in three core areas: education, to ensure all Americans have the skills needed to get good-paying jobs; infrastructure, which will create jobs and better connect communities by repairing roads and bridges and expanding high-speed internet access; and entrepreneurship, to encourage Americans to start their own businesses by streamlining regulations, providing access to affordable health care and retirement savings, and increasing access to credit and loans..

Rather than work with Democrats to build on the economic progress made under the Obama Administration, President Trump has failed to put forward a single jobs bill. He hasn’t taken action to support job creation, and in fact, his budget would slash investments in infrastructure, education, research, and other areas that support job creation. Forecasters have lowered growth estimates; despite promises to the contrary, companies like Ford and Carrier are shipping jobs overseas; and 2017 saw the first four consecutive months since 2012 of the economy adding fewer than 200,000 new private sector jobs.

In contrast, Democrats have a strong record of job creation. In 2009, when faced with the deepest recession in generations, Democrats passed the American Recovery and Reinvestment Act, which cut taxes for 95% of American families and led the way to 2,562,000 new private sector jobs by the end of his term.  Democrats also enacted Wall Street reform legislation that restored common sense rules to protect families and our economy from the excesses of big banks and help prevent a financial collapse from happening again.  This law, the Wall Street Reform and Consumer Protection Act, aims to protect middle class Americans by increasing consumer protections and preventing taxpayers from having to bailout financial institutions. Today, Congressional Republicans are undermining the Consumer Financial Protection Bureau, which works to protect consumers following the financial crisis. Democrats will continue to defend the work of the CFPB as Republicans seek to strip away these protections.

Democrats believe that small businesses are the backbone of our economy, working to grow and create jobs.  Democrats have pushed for legislation to prevent multinational corporations from outsourcing jobs overseas, while giving tax credits to businesses who hire new employees here in the United States, as well as restore the flow of credit to small businesses so they can grow and create jobs, and extend the research and development tax credit that encourages innovation and job creation.

Jobs and Economy Related
I am proud to bring the Consumers First Act to the Floor today to reaffirm the mission and authority of the Consumer Financial Protection Bureau (CFPB) and reverse efforts by the Trump Administration to undermine its work on behalf of the American people.
5/22/19
The monthly jobs report, released today, shows a continuation of an economic trajectory that reaches back through 103 consecutive months of positive job growth. But these job figures don’t tell the whole story, as wages aren’t growing fast enough to allow millions of workers to keep pace and feel that real economic security is within reach.
5/3/19
I am pleased that Democrats and the President were able to agree this morning on taking a first step toward meeting our infrastructure challenges with a $2 trillion investment. 
4/30/19
The March jobs report shows once again that, while our economy continues its longest period of continuous growth dating back nearly a decade to President Obama’s recovery program, the central challenges we faced at the beginning of the Trump Administration remain.
4/5/19
Today on Equal Pay Day, we recognize the amount of time into the new year that women must work in order to earn, on average, what men earn the year prior for the same job.
4/2/19
Mr. Speaker, the American people entrusted Democrats with the Majority, in part, because we pledged to work hard on the issues they care about most, issues affecting their everyday lives.
3/27/19
House Democrats are delivering on our For the People agenda by taking action to raise wages.
3/26/19
The month’s jobs report, which shows a significant slowing of the pace of private sector job growth, ought to alarm a nation already facing profound economic uncertainty. 
3/8/19
Today's announcement that the merchandise trade deficit for 2018 topped $891 billion shows that the President has flunked the test he set for himself. 
3/6/19
Today’s jobs report has to be viewed in the context that last month, 800,000 Americans workers effectively had their jobs taken away and were denied two paychecks, forcing them to go to food banks to feed their families or to take out risky payday loans as a result of President Trump’s shutdown strategy.
2/1/19
Lilly [Ledbetter], thank you for your courage. Adriana [Hutchings], thank you for your courage. Thank you for all those who are wearing the “Ms” on your t-shirts. You make a difference.
1/30/19
Today’s CBO outlook shows the American people what is already evident: Donald Trump will go down in history as the worst president in terms of fiscal irresponsibility.
1/28/19
I want to thank [Education and Labor Committee Chair] Bobby Scott for his leadership. Speaker [Nancy] Pelosi, who as she said, the last time we were in charge, one of the first things we did was raise minimum wage. It was not enough then. It is clearly not enough now.
1/16/19
The final jobs report of 2018 reflects an economy unsure of its direction.
1/4/19
I’m pleased that the House has finally provided certainty to farmers and those fighting hunger in our communities by passing a bipartisan farm bill.
12/12/18
While reflective of a resilient economy, the November jobs report was weaker than expected, driven in part by uncertainty due to trade and the realization that any short term benefit of the GOP tax cut has already worn off.  
12/7/18
In the last jobs report before the midterm election, Americans can see the fundamental challenges facing our economy.  As we reach ninety-seven consecutive months of job growth, it is clear the economy is strong on many fronts.
11/2/18
Today’s announcement by the Trump Administration that the federal deficit rose 17% to reach $779 billion in fiscal year 2018 is the direct result of a Republican-led Congress and White House choosing to provide massive tax breaks to the wealthiest Americans.
10/15/18
We should all be encouraged by today’s report that our economy added 134,000 jobs in September. It is another sign of a sustained recovery that has added jobs every month for eight consecutive years.
10/5/18
The August jobs report continues to show an economy plagued by deep structural challenges, the result of which are stagnant wages, uncertainty for small businesses, and a generation of American workers unable to get ahead.
9/7/18
House Republicans could have worked with Democrats to pass a bipartisan Farm Bill that provides certainty for America’s farmers and supports programs that combat hunger.
9/6/18
On Monday, Americans will celebrate the workers’ rights victories that enabled generations of our people to make it in America.  Without the activism of organized labor and the perseverance of millions of workers, our nation would not have the most powerful economy in the world and sustain the growth of our middle class.
9/3/18
This morning’s monthly jobs report from the Bureau of Labor Statistics continues to reveal structural problems negatively affecting workers, small businesses, and long-term economic growth.  
8/3/18
While Democrats support smart trade enforcement, President Trump’s ham-handed approach is hurting Americans instead. The New York Times has some helpful charts today that show just how much the President’s trade war is costing families across the country. Take a look:
 
7/13/18