Jobs and the Economy
We have come a long way since the financial crisis of 2007, which left millions of Americans unemployed and cost our economy billions of dollars. However, we must continue to do even more to put our nation back on the right track, and ensure our economic growth is sustainable for generations to come.
Advancing strong and sustainable economic development legislation is my top priority. To that end, my economic agenda has five key elements:
Investing in our Economic Future through Education
There is no greater investment we as a nation can make than in the future of our children. I support strong investments in our national education system that promotes college affordability, teaches financial literacy, and invests in the Science, Technology, Engineering and Mathematics (STEM) fields. These are the fields that will drive the 21st Century economy. It is crucial that our students are financially literate, and equipped with the necessary skills the market demands to ensure success in the modern economy.
Similarly, I support initiatives that provide workers with the education and retraining they need to succeed in the modern workforce. Anyone who wants to work should have the resources to sharpen their skills and embark on a new career. Career education and re-training play a major role in helping job seekers expand their skill base. That is why I introduced legislation that promotes federal retraining assistance programs for seniors and other underserved Americans.
Promoting an Economy that Works for Every American
Real economic growth supports everyone, not just the wealthy few. I support policies that promote an economy that lifts up traditionally underserved communities. Specifically, I support:
Comprehensive and Compassionate Immigration Reform
Our nation’s immigration system is broken. Passing immigration reform that supports a sensible path to citizenship, and attracts the best and brightest to the United States to build a diverse domestic workforce is essential to our long-term growth.
Sensible Housing Policies that Promotes Home Ownership
Still too many people are at risk of losing their homes following the financial crisis of 2007. I support programs that work to keep people in their homes and avoid foreclosure, as well as programs that support first time homeownership. Essential to these efforts is ensuring that mortgage and housing finance documents are clear and understandable, and mortgage lenders do not take on excessive risk or extend credit to those who cannot afford it.
Hiring the Heroes of Our Armed Forces
As our veterans return to civilian life with the winding down of Operation Enduring Freedom, thousands of soldiers are trying to enter the civilian workforce with much difficulty. No one should fight for us overseas only to have to fight for a job here at home. That is why I have introduced legislation that would provide businesses with a tax credit if they hire our veterans. The men and women who serve our country are highly trained with the unique skill sets and leadership abilities that are attractive to potential employers. I support expanding federal programs that help veterans find employment and that assist them in transitioning back into civilian life.
Promoting Fair Trade
International trade is essential to success in our global economy. Trade creates jobs, and creates new customers for Illinois businesses. However, trade policies must be fair and need to be in the best interest of American workers. Trade agreements cannot create a race to the bottom, and cause jobs to be sent overseas. I support a trade agenda that protects the health, safety and environment of all trading partners, and ensures and promotes quality high-paying American jobs.
Investing in Our Nation’s Economic Lifeblood: Family Farms and Transportation Infrastructure
The Second Congressional District is home to over 1,200 farms which grow corn, soybeans, and wheat that feed our families, fuel our cars, and raise our livestock. We rely on farmers for everything that we do. I endorse strong federal policies that support family farmers, and ensure they are able to make the investments they need to increase their productivity and meet the nutrition and energy needs of our ever-growing population.
Just as essential to our national economy is a strong transportation infrastructure. Unfortunately, our nation’s locks and dams, bridges, tunnels, and roadways are in desperate need of repair. I support projects like the Illiana Expressway and the South Suburban Airport, which will attract the much-needed jobs and new businesses that will boost the local Second District economy, as well as finding a long-term and sustainable solution to funding and repairing our nation’s crumbling transportation infrastructure.
Promoting an Economy that Encourages Business Growth and Investment
In order to grow our economy, we must create a legislative and regulatory environment that encourages business investments, while ensuring American workers’ health and safety is protected.
I’m working to attract more businesses to the Second District by creating and supporting policies and programs that draw highly-skilled jobs and major retailers to our region. In order for our community to thrive, we need a local economy and skilled workforce that can meet the demands of the global community.
As the daughter and granddaughter of small business owners, I know the challenges entrepreneurs face in starting up and expanding their businesses. Small business is the engine that drives our economy, and I’m committed to empowering our local entrepreneurs to start the new businesses that create the jobs our communities need to grow and succeed.
Responsibly Reducing our National Debt and Advancing a Fair Tax Code
No matter how much we invest in our nation’s businesses, our economy will not thrive if the federal government’s fiscal house remains a mess. With a national debt over $17 trillion and growing, and a confusing tax code filled with exemptions and loopholes, current federal tax and spending policies do not promote an environment conducive to economic growth. I support common-sense proposals that work to sustainably reduce the national debt and reform our nation’s tax code while still protecting benefits for our nation’s elderly and underserved citizens.
More on Jobs and the Economy
Congresswoman Robin Kelly today announced “The UP Initiative,” a new collaborative effort between Members of Congress and community partners to reduce gun violence and increase economic opportunity.
The UP Initiative — short for “Urban Progress” — builds on the recommendation of the 2014 Kelly Report on Gun Violence in America, and brings together a broad, diverse coalition from Congress and civic leaders at every level of government to develop a comprehensive strategy of urban reinvestment in Chicago and across the country.
Congresswoman Robin Kelly will host a Housing Expo on Saturday, March 5, from 9 a.m. to 1 p.m., at the New Early Learning Center, located at 729 Engle St., in Dolton. Participants will learn about loan modification, foreclosure prevention, down-payment assistance programs, and how to appeal property taxes. Banks and agencies, including Neighborhood Housing Services (NHS), Wells Fargo, Chase, BMO, and more will be on hand to assist homeowners and tenants.
Congresswoman Robin Kelly (D-IL) announced today more than $100 million in additional Troubled Asset Relief Program (TARP) funding for Illinois through the U.S. Department of the Treasury.
The funding will support the Treasury Department’s Hardest Hit Fund program, which allows participating state Housing Finance Agencies to continue assisting struggling homeowners and stabilizing neighborhoods in Illinois’ hardest hit communities. Illinois’ HHF program will receive $118,174,500 in additional funding.
Congresswoman Robin Kelly today reminds eligible constituents to claim their Earned Income Tax Credit (EITC) when filing their tax returns this year. The EITC is a federal tax refund available to millions of low to moderate income individuals and families. The average EITC refund last year was approximately $2,200. Eligible people may qualify for a refund even if they owe no taxes.
U.S. Congresswoman Robin Kelly voted late yesterday in the House of Representatives to pass a bipartisan bill to reauthorize the job-creating Export-Import Bank.
The Export-Import Bank helps level the playing field for American manufacturers and small businesses hoping to compete and sell their goods in foreign markets and succeed in the global economy. At absolutely no cost to taxpayers, the Bank has supported 1.3 million American jobs since 2009, and nearly 90 percent of its transactions directly support small businesses.