Economy and Jobs
While the economy continues to recover from the worst recession in a generation, rebuilding our economy is my top priority. We’ve come a long way in the last several years, but not far enough. Our economic problems did not materialize overnight, and they will not be fixed overnight. Most importantly, we must rebuild the foundations of our prosperity, namely the transportation, energy and data infrastructure that has fallen into sorry disrepair. We also must dedicate ourselves to assuring that our educational system is producing the world's most capable students.
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. While China and Europe are investing in high-speed trains and next generation energy grids, our systems are clogged and outdated. The recent derailments and outages along Metro North illustrate just how important it is that we invest in improving our transportation infrastructure. These investments will create jobs while providing for our region’s long-term economic vitality. Meanwhile, our electrical grid suffers from decades of neglect, and internet access is only a dream for far too many Americans. Our grandparents came together to bind our nation with an unparalleled interstate highway system. It is our turn to imagine and build the 21st century equivalent.
Click here to read more about my thoughts on transportation.
The nation that best educates its children will ultimately be the nation that out-innovates and out-competes the rest of the world. Nothing is more essential to our long-term prosperity than our children’s ability to become the next generation of entrepreneurs, engineers, teachers, and leaders. Efforts to cut education funding are fatally short-sighted. While simply throwing money at our schools will not fix our problems, we know we need to invest in our children’s future if they are to become the workers that will lead through world. The federal government must search the nation for examples of success, in high-achieving public, private and charter schools, and then use its reach and resources to make sure best practices are universally adopted.
Click here to read more about my thoughts on education.
As we continue to recover from the worst economic recession in a lifetime, many of those hit hardest are still without work and struggling to put food on the table. Since the Emergency Unemployment Compensation program expired on Dec. 28, 2013, over two million long-term unemployed Americans, including nearly 50,000 in Connecticut, have lost their unemployment insurance. I am proud to cosponsor the Emergency Unemployment Compensation Extension Act (H.R. 3546), which extends emergency unemployment insurance through the end of the year for the nearly five million Americans looking for work. It is well past time for the House Majority to bring an extension of unemployment insurance up for a vote immediately.
More on Economy and Jobs
WASHINGTON, DC— Congressman Jim Himes (CT-04) released the following statement on President Donald Trump's decision to withdraw from teh Paris Climate Agreement:
"Pulling out of the Paris Climate Agreement is a terrible decision that leads us down a path to rising sea levels and destructive weather that will wreak havoc on our planet. Drought, climate refugees and competition over dwindling resources will destabilize global security. Without a coordinated global effort to combat climate change, the future looks bleak.
WASHINGTON, DC – Today, Congressman Jim Himes (CT-04) released the following statement on Equal Pay Day:
Washington, DC – Congressman Jim Himes (CT-4) released the following statement on his vote against tax extenders:
Today, Congressman Jim Himes (CT-04) testified in front of House Minority Whip Steny Hoyer and other Members in the Make it in America hearing on a panel focused on skills training for the future.
Click here to see Congressman Himes’ testimony.
Washington, DC – Yesterday, the Environmental Protection Agency (EPA) announced federal grants impacting areas in Connecticut’s 4th Congressional District.
The EPA’s Brownfields program works with states and localities by providing funds to help clean up properties that may be contaminated by hazardous substances or pollutants. In this round of funding, the EPA is distributing $600,000 to areas in the 4th district.
WASHINGTON, DC—Congressman Jim Himes released the following statement regarding the fifth anniversary of the American financial collapse:
“Five years ago this week, we watched as a troubling recession gave way to a full-blown economic crisis. While we have not fully recovered all the lost jobs, pensions, homes, and livelihoods, we have enacted protections to help ensure we never face such devastation ever again. It is now time for those laws to become regulation and for us to move forward with the next step--reforming our nation's housing finance system."
WASHINGTON, D.C. – Congressman Jim Himes (CT-4) is urging his colleagues this week to help clear the way for new Army Corps of Engineers flood mitigation projects, including those that would help reduce the extensive flooding Fairfield County experiences as a result of severe storms.
WASHINGTON, DC—Congressman Jim Himes released the following statement regarding the agreement passed yesterday to avert the so-called “fiscal cliff.” Himes supported the plan, which makes permanent the current income tax rates on income up to $400,000 for individuals and $450,000 for families and permanently fixes the Alternative Minimum Tax. It includes a five-year extension of the American Opportunity Tax Credit, the Child Tax Credit, and the Earned Income Tax Credit and raises the estate tax rate to 40 percent on inheritance above $5 million.
WASHINGTON, DC—Congressman Jim Himes (CT-04), a bipartisan group of over 110 of his colleagues, and over a dozen transportation organizations sent a letter to President Barack Obama urging him to support a long-term transportation reauthorization bill. This legislation will address the country’s urgent transportation and infrastructure needs, create jobs for Americans, and give the private sector incentives to hire in the US.
WASHINGTON, DC — Legislation cosponsored by Congressman Jim Himes (CT-4) and passed by the U.S. House of Representatives unanimously late yesterday will help vendors that do business with governments keep more of their profits and create jobs. H.R. 674 repeals a 2006 law that would have required federal, state, and local governments to begin withholding three percent of payments due to government contractors in an effort to improve tax compliance. The bill also encourages businesses to hire veterans.