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 (D-IL) today introduced the Investing in American Workers Act (IAWA), partnering with Senator Mark Warner (D-VA), House Democratic Caucus Chairman Joe Crowley (D-NY), Vice Chair Linda Sánchez (D-CA), and leaders on the House Democratic Caucus New Economy Task Force. IAWA would establish a 20% tax credit for new investments in worker training made by small and mid-sized business.
SCHAUMBURG, IL — Congressman Raja Krishnamoorthi (D, IL-08) today announced the formation of a bipartisan Congressional Solar Caucus in the U.S. House of Representatives, co-founded by Congressman Ralph Norman (R, SC-05), which will serve as a unique forum for Members of Congress and the public to discuss high priority issues relating to the renewable energy and solar technology production sectors.
SCHAUMBURG, IL — Congressman Raja Krishnamoorthi, lead Democrat on the Strengthening Career and Technical Education for the 21st Century Act which would reauthorize the Perkins career and technical education (CTE) program, issued the following statement in response to the President Trump’s support of re-authorizing Perkins as part of updating our nation’s infrastructure.
WASHINGTON, DC — Congressman Raja Krishnamoorthi issued the following statement in response to President Trump’s State of the Union address.
“I wish President Trump governed with the same tone of promise and cooperation that he used at times during his speech tonight. If only the first year of his presidency had focused on infrastructure, investments in workforce development, and career and technical education, what a different political moment we would all be living in today.”
WASHINGTON, D.C.--- Congressman Raja Krishnamoorthi today introduced the AI Jobs Act of 2018, partnering with Representatives Darren Soto (D-FL), Drew Ferguson (R-GA), Paul Mitchell (R-MI), Mark Takano (D-CA), Barbara Comstock (R-VA), Debbie Dingell (D-MI), Mike Gallagher (R-WI), Lisa Blunt-Rochester (D-DE), and Ralph Norman (R-SC). This legislation would direct the Department of Labor, working with businesses and research institutions, to report on the future workforce impacts of artificial intelligence, both its challenges and opportunities.
SCHAUMBURG, IL – Congressman Raja Krishnamoorthi today continued his fight to preserve the State and Local Tax (SALT) Deduction benefits for residents of his suburban Chicago district. Congressman Krishnamoorthi convened a round table with local mayors and constituents on the importance of the SALT Deduction in the aftermath of its being capped at $10,000 by last month’s tax bill passed by the Republican majority in Congress.
WASHINGTON, DC — Congressman Raja Krishnamoorthi issued the following statement in response to U.S. District Court Judge William Alsup’s order that the Trump administration resume accepting renewal applications for the Deferred Action for Childhood Arrivals program:
WASHINGTON, DC — Congressman Raja Krishnamoorthi issued the following statement regarding the Trump administration’s decision to end Temporary Protected Status designation for Salvadorans in the United States:
WASHINGTON, DC – Congressman Raja Krishnamoorthi issued the following statement in response to today’s passage of the GOP tax bill.
WASHINGTON, DC – Congressman Raja Krishnamoorthi wrote to Mayor Rahm Emanuel this morning regarding the potential consequences of a power outage at O’Hare International in response to the massive travel disruption caused by a power outage at Atlanta’s Hartsfield-Jackson International airport. The Congressman made this request so that the city’s analysis could be used to aid Congress in preventing future disruptions like Atlanta’s and evaluating backup systems.