Jobs and the Economy
The great recession left millions of Americans unemployed and millions more struggling to support their families. Although we’ve made progress, it is clear that we still have work to do. Moreover longer-term changes, brought by globalization and technology, have drastically changed our economy in the last three decades. With that in mind, competitiveness – how we can position our businesses and workers to compete on a global market – is the lens through which I analyze economic policy.
As the only former CEO of a publicly traded company currently serving in Congress, I understand that we need a vibrant private sector to create long-term job growth and a strong middle class. I support policies that encourage entrepreneurship, innovation, and a better climate for business.
There is also a role for government in making our country more competitive. Around the globe the healthiest economies are those where the public and private sector work together. My competitiveness agenda has five key components: 1) investing in a world-class education and research system for our workers, 2) developing a national energy policy that encourages domestic energy production with a goal towards becoming an alternative energy leader, 3) immigration reform so that the best and brightest can work for our companies, 4) infrastructure investment to rebuild our roads and bridges, and 5) a grand bargain budget deal to get our fiscal house in order.
In May I introduced the first major component of my competitiveness agenda, the Partnership to Build America Act (H.R. 2084). My legislation would finance up to $750 billion in infrastructure investment at no cost to the taxpayer, instead bonds would be sold to the private sector. With strong support from Republicans and Democrats, it represents the bipartisan approach to job creation that I believe is essential. For more information on the Partnership to Build America Act, click here.
More on Jobs and the Economy
WASHINGTON – The Appalachian Regional Commission (ARC) has awarded the City of Cumberland a $250,000 grant to conduct planning, engineering and design for road improvements on Baltimore Street and surrounding roads in Cumberland. The grant will be matched by investment from the City and is estimated to support 50 local jobs.
WASHINGTON – In the coming weeks Congressman John K. Delaney (D-MD-6), Congressman Ted Yoho (R-FL-3) and Congressman Rodney Davis (R-IL-13) will introduce a pair of bipartisan infrastructure bills using revenues from international tax reform to upgrade America’s infrastructure. Congressman Delaney and Congressman Davis will bring forward The Partnership to Build America Act, legislation that creates a new American Infrastructure Fund (AIF) to finance state and local projects.
WASHINGTON – All ten members of the Maryland congressional delegation have signed onto a bipartisan letter organized by Congressman John K. Delaney (D-MD-6) on behalf of Maryland’s request for FASTLANE grant funding for the I-81 Corridor Widening project.
WASHINGTON – An editorial published today in the Baltimore Sun urges President-Elect Trump to adopt Congressman John K. Delaney’s (MD-6) proposal to use revenues from international tax reform as part of a bipartisan plan to rebuild America’s infrastructure and create good jobs.
WASHINGTON – Steve Mnuchin, a member of the next Administration’s executive committee and transition team told reporters Thursday that they are “looking at the creation of an infrastructure bank to fund infrastructure investments.”
WASHINGTON – Congressman John K. Delaney (MD-6) has filed legislation to expand protections for rent-to-own customers. Often targeted towards low-income and military populations, rent-to-own contracts can feature excessively high fees, predatory interest rates and aggressive collection practices, with customers paying two to three times more, often even as much as five times more, for the same products than if they purchased them from a traditional retailer.
WASHINGTON, DC — The full House of Representatives unanimously approved bipartisan legislation led by Congressmen Todd Young (R-IN) and John Delaney (D-MD) that expands the use of evidenced-based interventions within the federal government, while driving taxpayer savings. It is the first reform bill of its kind that brings the pay-for-performance model into social and public health sphere. Senators Orrin Hatch (R-UT) and Michael Bennet (D-CO) are the lead sponsors of similar companion legislation in Senate.
HAGERSTOWN – Congressman John K. Delaney (MD-6) held an Entrepreneurship Workshop Monday in Hagerstown. The event at the Washington County Free Library was attended by over 130 people and offered Marylanders interested in starting their own business or growing their business to the next level. It provided a chance for local entrepreneurs to learn more about the resources available to them and hear from fellow entrepreneurs and experts.
ROCKVILLE – Congressman John K. Delaney (MD-6) hosted a Sixth District Job Fair today in Rockville at the Bauer Drive Community Recreation Center. The job fair was attended by over 400 people and featured over 50 local businesses and agencies, including many of Maryland’s largest employers.
WASHINGTON – Congressman John K. Delaney (MD-6) has filed legislation to give more Americans access to the basic financial services they need to save and spend their earnings and start a new business. The Equal Access to Banking Act is designed to help the over 68 million Americans who are unbanked or underbanked, a low-income population that must rely on higher-cost alternatives, costing them thousands of dollars a year just to spend the money they’ve earned.