Economy and Jobs
We have made dramatic progress recovering from the financial crisis of 2008, but there are too many people, across America and here in Connecticut, who have been left behind. Click here to read more…
If I hear one consistent message from local businesses about how we can help them expand and create more jobs, it is that we must improve our infrastructure. Click here to read more…
The nation that best educates its children will ultimately be the nation that out-innovates and out-competes the rest of the world. Click here to read more…
Innovation and education go hand in hand. As we prepare people for the jobs of the future, we must also invest in the technologies and infrastructure that will bring those jobs to life. Click here to read more…
The tax code now is unwieldy, archaic, and almost impossible for the average person to negotiate. I am in favor of instituting tax reform for both businesses and individuals with simplification and competitiveness as the guiding principles. Click here to read more…
More on Economy and Jobs
Today, Congressman Jim Himes (CT-04) announced that Housing Development Fund and Members Credit Union will receive $2,326,265 in grant funding from the U.S. Department of the Treasury, Community Development Financial Institutions Rapid Response Program (CDFI RRP). The grant ensures CDFIs have the necessary capital to provide immediate assistance to low-income communities facing economic challenges caused by COVID-19.
Washington, DC— Today, the House of Representatives passed HR 3864, the INVEST in America Act. The bill will reauthorize surface transportation projects – including roads, bridges, and mass transit – across the country as well as provide funds for clean water and wastewater infrastructure. Congressman Jim Himes (CT-04) voted for the bill, which will provide much-needed funding for several projects in Southwest Connecticut.
Washington, DC— Today, Representatives Jim Himes (CT-04), Chris Pappas (NH-01), Annie Kuster (NH-02), and Jahana Hayes (CT-05), introduced the Multi-State Worker Tax Fairness Act. This bill will prevent the over-taxation of individuals who telework in one state for companies located in another.
Washington, DC – House Speaker Nancy Pelosi announced her selection of Congressman Jim Himes to serve as Chairman of the newly created Select Committee on Economic Disparity and Fairness in Growth.
The Select Committee has been tasked with finding potential policies to intervene in the nation’s growing economic disparities. The committee is formed in the spirit of the Temporary National Economic Committee, established by President Franklin Delano Roosevelt and Congress during the Great Depression in 1938 to address the concentration of power among businesses and monopolies.
Bridgeport, CT— Today, Representative Jim Himes (CT-04) announced the final list of projects he will submit for funding through both the Transportation and Infrastructure Committee Member-Designated Projects process and Appropriations Committee Community Project Funding (CPF) process.
Washington, DC— Today, Representative Jim Himes (CT-04) introduced the National Green Bank Act. A National Green Bank would help establish and fund green banks across the country to make the investments necessary to pave the way to a sustainable future. These local green banks would be able to make financing in the form of direct financing support or credit enhancement for eligible energy efficiency, solar, wind, geothermal, biomass, hydropower, fuel cell, and alternative fuel vehicles and infrastructure projects, among others.
Bridgeport, CT – Congressman Jim Himes (CT-04) announced the Small Business Administration’s Shuttered Venue Operators Grant (SVOG) Program will begin accepting applications today, Thursday, April 8th. SVOG allocates $16 billion for local theaters and entertainment venues to cover expenses including payroll, rent, utilities. Local venues can apply for assistance HERE.
Himes advocated for SVOG funding as part of the American Rescue Plan (ARP), which President Biden signed into law last month.
Washington, D.C. - Today, Reps. Rosa DeLauro (CT-03), John B. Larson (CT-01), Joe Courtney (CT-02), Jim Himes (CT-04), and Jahana Hayes (CT-05) voted to send the American Rescue Plan to President Biden’s desk to be signed into the law. The $1.9 trillion relief package originated in the House, which voted to pass an earlier version of the bill on February 26.
Washington, DC – Today, Congressman Jim Himes (CT-04) announced that the U.S. Small Business Administration will begin accepting Paycheck Protection Program applications from small businesses and nonprofits with fewer than 20 employees. This two-week, special-application period will ensure that federal assistance is prioritized for the businesses and nonprofits that are most in need.
Washington, DC – Today, the Subcommittee on National Security, International Development, and Monetary Policy of the House Financial Services Committee held a virtual hearing to examine how government aid from the CARES Act and subsequent economic rescue bills was accessible to small and minority-owned businesses.