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CONNECT WITH GERRY
The Economy
While Northern Virginia has been spared some of the worst effects of the Great Recession, Congressman Connolly understands that creating jobs and spurring economic recovery must remain our top priority. In 2009, Congressman Connolly voted for the American Recovery and Reinvestment Act (H.R. 1) to create jobs and invest in the 21st century economy. He also supports a number of initiatives to cut taxes and encourage growth.
- - Voted for the HIRE Act (H.R. 2847) to give small businesses a tax credit when they hire new employees.
- - Voted for the Small Business Jobs Act (H.R. 5297) to provide $12 billion in new tax relief for small businesses and to create a small business loan fund to leverage $300 billion in private-sector lending.
- - Voted for President Obama’s tax cut compromise (H.R. 4853) to prevent a tax increase in the midst of a fragile economic recovery and to protect small businesses and families.
- - Cosponsored legislation (H.R. 422) to extend and make permanent the Research & Development Tax Credit, critical for Northern Virginia’s technology-driven economy, to encourage businesses to invest in innovative American jobs.
- - Voted to eliminate the burdensome 1099 tax form requirement on small businesses (H.R. 5982 and H.R. 4).
- - Championed the Build America Bonds program, introducing H.R. 11, to create hundreds of thousands of jobs by investing in America’s infrastructure – repairing bridges and roadways and building needed schools.
He is a member of the pro-business New Democrat Coalition, where he co-chairs the Task Force on Innovation, Competitiveness and Tax Reform. In Northern Virginia, Congressman Connolly has fought to create new jobs by encouraging growth of the technology and government contracting industries, where he spent two decades working prior to his election to Congress. Northern Virginia is now home to several Fortune 500 companies and has one of the lowest unemployment rates in the nation. Nonetheless, Congressman Connolly has fought to help families threatened by foreclosure. He works individually with families to help them secure loan modifications to avoid foreclosure and has sponsored legislation (H.R. 237 – the Homeowner Assistance Program) to prevent military families from facing foreclosure when they are transferred to another duty station.
News
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Virginia Lawmakers Ask GSA to Consider NoVa for New FBI Headquarters
Dec 5 2012Virginia Representatives Moran, Wolf, Connolly, and Wittman and Senators Webb and Warner sent a letter to GSA urging consideration of Northern Virginia for the new FBI Headquarters location. Read more.
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House Oversight Leaders Find Rare Bipartisan Agreement on IT Reform
Dec 4 2012IT Reform is an opportunity to streamline government and find real savings for the American taxpayer. Read more.
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Satellite company moving headquarters to Tysons Corner
Dec 4 2012Congressman Connolly joined Governor McDonnell in announcing on Monday that Intelsat will be relocating to Tysons Corner, bringing nearly 450 jobs to the region. Read more.
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MSNBC Hardball: Connolly Optimistic on Fiscal Cliff Deal
Nov 30 2012Appearing on MSNBC's Hardball with Chris Matthews to discuss the fiscal cliff, Congressman Connolly said he was optimistic a deal could be struck before the end of the year. Read more
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Connolly Named to "New Democrat" Coalition vice-Chair
Nov 15 2012Congressman Gerry Connolly today was elected Vice Chairman of the New Democrat Coalition in the House and co-Chair of the coalition's Task Force on Technology, Education, and Entrepreneurship. Read more.
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