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Jobs and Economy

 

Creating long-term job growth in Michigan is my top priority in Congress.  With Michigan having one the highest unemployment rates in the nation, it is critical to increase both Michigan’s and America’s global competiveness in order to ensure that there are good paying, high-skilled jobs.  I believe that taking the following practical steps will help us create long-term economic growth:

Reduce Tax Burden
America needs to distance itself from a tax system that seeks to raise taxes on hard-working American families and job-creators.  We need to develop a tax code that is simpler and encourages investment.  I am a cosponsor of H.R. 3400 which would allow taxpayers to switch to a simple, flatter income tax with the lowest rates in 80 years.  It would also help small businesses, family farms, investors, and other job creators by eliminating the Death Tax and the Alternative Minimum Tax (AMT).

Repeal and Replace Health Care Provisions
I was pleased to be an original cosponsor and help pass H.R. 2, the Repeal the Job-Killing Health Care Law Act, which helps protect businesses so they are not punished by new soaring taxes and burdensome mandates – such as the 1099 small business paperwork provision – that are associated with the health care overhaul law passed in 2010.

Reduce Harmful Regulations
While some government regulations are important, excessive federal regulation stifles our nations’ job creators by creating an uncertain business climate.  Eliminating these burdensome regulations will encourage increased investment and new hiring. The first step Congress can take in fighting harmful regulations is to identify and eliminate current and pending regulations that hinder economic growth, while requiring Congressional review of any new regulations that will significantly impact our economy.  To this end, I am a cosponsor of and helped pass in December 2011 H.R. 10, the REINS Act, which requires Congressional approval of any federal rule that will have more than $100 million in annual impact on the economy.

Research and Development
Michigan’s economic turnaround depends on manufacturers innovating, growing and expanding.  That’s why I support further extending the Research and Development tax credit so we can keep high-tech, high-paying jobs in Michigan and encourage further investment.

Trade
We need to develop trade policies that are free, fair and enforce trade laws that keep our trading partners accountable.

Reduce Government Spending
With record deficits and a high unemployment rate, we need to begin spending federal dollars like a responsible American family or business. Every federal dollar that is saved now is a dollar that is not borrowed and owed by future generations in the form of higher taxes and interest payments.  To this end, I voted in April 2011 to cut net spending by nearly $40 billion and cut $315 billion out of the federal budget over the next ten years.

VIDEO

07/13/2012 - President & Senate Failing to Adequately Address Struggling Economy
05/31/2012 - Rep Walberg Questions Employers on the President's Job-Killing Health Care Law
04/25/2012 - Rep Walberg Speaks on the Republican Plan for Jobs
07/28/2011 - Jobs are the Cure for the Ailing Economy
07/21/2011 - Walberg to Regulators: Remember the Faces of the people Who Want Jobs
07/14/2011 - Floor Speech: Cost of Regulations is Jobs
07/06/2011 - Walberg Floor Speech: More Jobs, Less Regulation
05/26/2011 - Walberg Questions Effect of Corporate Campaigns on Job Creation
02/10/2011 - Hearing Rundown: Rep. Walberg Calls for Job Growth

RELATED ITEMS

09/20/2012 - Press Release: Rep Walberg Votes To Preserve Welfare Work Requirements
07/26/2012 - Press Release: Rep Walberg Votes To Help Job Creators Address Regulations
06/24/2012 - Press Release: Walberg's ‘Defending America's Affordable Energy & Jobs Act' Gains 100 Co-Sponsors
06/15/2012--Opinion editorial: House Bills Deserve Votes in Senate 
05/24/2012 - Press Release: Rep Walberg Launches Website Feature To Assist Businesses, Job Seekers
04/19/2012 - Press Release: Rep Walberg Votes For Small Business Tax Cut

03/08/2012 - Press Release: Rep Walberg Votes for JOBS Act
12/08/2011
- Press Release:Rep Walberg Votes To Limit Washington Regulations On Farm Dust
12/07/2011 - Press Release: Rep Tim Walberg Votes To Hold Washington Bureaucrats Accountable
12/02/2011 - Press Release: Rep Walberg Votes To Bring More Transparency To Regulatory Process
11/16/2011 - Press Release: Walberg Questions Government Regulator, Fannie & Freddie CEOs On Bonuses
11/04/2011 - Press Release:Walberg Votes To Help Job Creators Access Capital
10/28/2011 - Press Release: Rep Tim Walberg Votes to Protect Jobs by Repealing 3% Withholding Rule
10/06/2011 - Press Release: Rep Tim Walberg Votes To Stop Costly, Job Destroying Regulation From Obama Administration Bureaucrats
09/08/2011 - Press Release: Walberg Responds to President's ‘Jobs' Speech
07/08/2011 - Press Release: Walberg Comments on June Unemployment Report
06/22/2011 - Press Release: Walberg Comments on Grim CBO Economic Outlook
06/07/2011 - Article of Interest: 1 in 3 Employers Will Drop Health Benefits After ObamaCare Kicks In, Survey Finds
03/29/2011 - Press Release:  Walberg Votes to Eliminate Another Ineffective Program
03/16/2011 - Press Release:  Walberg Votes to Eliminate An Ineffective Program
03/15/2011 - Article of Interest:  Americans for Prosperity article in support of my bill, H.R. 750
02/17/2011 - Press Release:  Walberg Amendment to Save Taxpayer Funds Passes U.S. House
02/16/2011 - Sponsored Legislation:  H.R. 750, Defending America's Affordable Energy and Jobs Act
02/10/2011 - Press Release:  Rep Tim Walberg Focuses on Job-Destroying Regulations
01/05/2011 - Co-Sponsored Legislation:  H.R. 2, the Repeal the Job-Killing Health Care Law Act