Growing Our Economy & Creating Jobs
One of my top priorities as a Member of Congress is to reach across the aisle in order to find common sense, bipartisan solutions that end Washington gridlock. In particular, two areas that have historically been bipartisan are infrastructure and small business.
There is no question that both large and small businesses are still feeling the effects of the 2008 financial crisis. Small businesses have long been the engine driving the American economy. While the economy has made important strides since the Great Recession, studies have continuously shown that small businesses have been slower to recover. As the president of Chicago-area small businesses, and as the former Deputy Illinois Treasurer, I have a unique perspective on how government can help or hinder small business growth and development. I am committed to working with all Members of Congress to look for ways the federal government can help small business owners by making lending simple and transparent, repealing burdensome regulations, and modernizing our nation's tax policies.
A strong national infrastructure is part of the foundation of our economy, yet we have failed to invest in transportation even though our infrastructure continues to age. That is why we need bipartisan solutions that can address the backlog of transportation projects throughout the country. I support the establishment of a National Infrastructure Bank which can provide low-interest loans to states and cities to help finance crucial projects like roads and transit systems. Finding innovative ways to finance infrastructure projects is a critical step toward renovating our transportation infrastructure while reducing congestion on our roads and highways.
More on Growing Our Economy & Creating Jobs
Washington, DC – Congressman Raja Krishnamoorthi released the following statement on the passage of the House Republican tax plan earlier today.
Washington, DC – Today, Congressman Raja Krishnamoorthi, a co-chair of the House Democratic Caucus New Economy Task Force, led a discussion with Members of Congress and experts on jobs, education, and the skills gap to discuss how Americans can further promote commonsense policies that benefit America’s working families. Joined by co-chairs Representatives Delbene, Dingell, Soto, and their guests, Congressman Krishnamoorthi brought Jehan Wickramasuriya, a Senior Software Architect from Motorola to address the forum.
Washington, DC – Congressman Raja Krishnamoorthi today released the following statement in response to the Senate Republican tax plan:
SCHAUMBURG, IL – Congressman Raja Krishnamoorthi of the House Oversight Committee today called upon Acting Secretary of Health and Human Services Hargan to provide additional information regarding the Trump administration’s unprecedented plan of shutting down HealthCare.Gov for 12 hours each Sunday during the open enrollment period, a policy which could make it harder for millions of Americans to sign up for health insurance.
Washington, DC – Congressman Raja Krishnamoorthi issued the following statement in response to the House Republican tax plan:
“This tax plan will explode the deficit by $1.5 trillion without giving working families and small businesses the relief they need. We need tax reform, but this plan would eliminate the SALT deduction for most local sales and income taxes, thus increasing taxes on working families and the middle class.
SCHAUMBURG, IL – Congressman Raja Krishnamoorthi of the House Oversight Committee provided the following response to Puerto Rico Governor Ricardo Rosselló’s request that the board of the Puerto Rico Electric Power Authority (PREPA) cancels its contract with Whitefish Energy:
SCHAUMBURG, IL – Today, in response to news that Whitefish Energy’s no-bid, $300 million contract to restore power to Puerto Rico included a provision specifically preventing the government from reviewing or auditing the reported costs of the company’s services, Congressman Raja Krishnamoorthi asked the leadership of the Oversight Committee to investigate the full scope of anti-auditing language in government contracts.
WASHINGTON, DC – Congressman Raja Krishnamoorthi released the following statement in response to this morning’s passage of the Republican leadership’s budget resolution:
WASHINGTON, DC – Today, in response to reports that the House Republican leadership is considering sharp cuts to 401(k) contribution limits, Congressman Raja Krishnamoorthi wrote to Chairman Brady and Ranking Member Neal of the Ways and Means Committee to urge them to reject any plan to slash the contribution caps to the retirement accounts of millions.
WASHINGTON, DC – In response to President Trump’s announcement last night that he would end cost-sharing reduction payments, a key Affordable Care Act subsidy, Congressman Raja Krishnamoorthi today sent the President a copy of the August 2017 Congressional Budget Office (CBO) Report “The Effects of Terminating Payments for Cost-Sharing Reductions.” The nonpartisan CBO’s report projects that the President’s decision to end cost-sharing reduction payments will increase premiums by 2