Economy and Jobs

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The most urgent and critical issue we face is growing our economy and jumpstarting job creation. Throughout our local community, and our nation as a whole, we have seen too many of our citizens struggling to find work.  It is time for the federal government to get out of the way of small business owners, startup companies, and entrepreneurs all around the country so that we can finally get our economy back on track.

As a business owner, I know what it takes to make payroll, balance a budget, and plan for the future. Families and business all across the country are forced to live within their means and it is time for our federal government to do the same.

The first step towards a strong economic recovery that will provide more good-paying jobs for Americans is to finally get our fiscal house in order. Our country currently has over $16 trillion in debt and we are borrowing and spending at an alarming rate.

Secondly, our small businesses are overregulated. An estimate from the Small Business Administration indicates that the cost of all government regulations to our economy comes out to $1.75 trillion per year. We need a comprehensive review of federal regulations and I will work to repeal those that are unnecessary and are blocking job growth.

In addition, the United States currently has one of the highest corporate tax rates in the world. In the age of globalization, our country ranks only seventh in competitiveness. I support cutting our corporate tax rate and keeping all other taxes as low as possible too.

There are many commonsense steps we can take right away to improve economic conditions in the United States and help put people back to work. Job creation must continue to be our number one priority and I will fight on behalf of American companies and entrepreneurs.

For more information concerning my work and views related to Economy and Jobs, please contact me.

I look forward to hearing from you.

Thank you.

See also information on Jobs and resources for Businesses.

More on Economy and Jobs

LaMalfa Honored as “Guardian of Small Business”

Oct 20, 2020 Press Release
(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) has been honored with the “Guardian of Small Business” award from the National Federation of Independent Business (NFIB). The nation’s largest small businesses advocacy association, NFIB represents small-business owner members and gives them a voice in public policymaking. LaMalfa was chosen for this award based on his outstanding voting record on behalf of America’s small-business owners during the 116th Congress.

LaMalfa Signs Petition to Bring Additional Relief to Small Businesses

Sep 30, 2020 Press Release
(Washington, DC) – Congressman Doug LaMalfa issued the following statement after signing a discharge petition, which would require the House to immediately take up H.R. 8265, a bill that would distribute the remaining approximately $135 billion in current Paycheck Protection Program reserves that are sitting unused after the program expired on August 8th. Businesses would be able to receive a second PPP loan if they can demonstrate a revenue reduction. Additionally, it adds more flexibility in how PPP dollars can be spent while still being eligible for loan forgiveness.

Governor’s Shutdown Order Kills Small Businesses & Further Deteriorates Mental Health of Millions of Californians

Jul 14, 2020 Press Release
Sacramento – Today, Governor Gavin Newsom ordered small businesses across the state to close indoor operations including restaurants, wineries, movie theaters, family entertainment centers, zoos, museums, cardrooms and bars. The Governor also shutdown indoor operations in counties on “County Monitoring List for 3 Days” such as salons, barbershops, gyms/fitness centers and malls. In their continuing effort to advocate for employers and workers, Northstate lawmakers Rep. Doug LaMalfa (R-Richvale), Senator Jim Nielsen (R-Tehama), Senator Brian Dahle (R-Bieber), Assemblyman James Gallagher (R-Yuba City) and Assemblywoman Megan Dahle (R-Bieber) issued the following statement:

LaMalfa Supports PPP Reform and Extension

May 28, 2020 Press Release
(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) issued the following statement after supporting H.R. 7010, the Paycheck Protection Program Flexibility Act, which would relax restrictions on Paycheck Protection Program (PPP) loan recipients

LaMalfa: Newsom’s New Requirements Unfair for Rural Areas

May 8, 2020 Press Release
(Chico, CA) — Congressman Doug LaMalfa (R-Richvale) issued the following statement after Governor Newsom announced new criteria for counties to reopen under phase 2 of his plan.

LaMalfa Asks Newsom to Answer Rural California’s Call to Reopen

Apr 30, 2020 Press Release
(Chico, CA) – Congressman Doug LaMalfa (R-Richvale) spoke with Governor Gavin Newsom yesterday afternoon along with the entire bi-partisan California Congressional delegation. During the call Congressman LaMalfa asked Governor Newsom to recognize the differences in the regions of the state and that many areas including much of Northern California has already met or surpassed his previous criteria for beginning to reopen.

LaMalfa Supports Additional Aid for Small Businesses, Health Care

Apr 23, 2020 Press Release
(Washington, DC) — Congressman Doug LaMalfa (R-Richvale) issued the following statement after voting in favor of H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act.

LaMalfa Urges for Clean Authorization of Additional Small Business Aid

Apr 15, 2020 Press Release
(Washington, DC) — Congressman Doug LaMalfa (R-Richvale) issued the following statement, urging Congressional Leadership to appropriate more money for the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL).

LaMalfa Urges Governor Newsom to Create Streamlined Process for Smaller Towns, Counties to Receive Aid from California’s Coronavirus Relief Fund

Apr 10, 2020 Press Release

(Washington, DC) — Congressman Doug LaMalfa (R-Richvale) issued the following statement after sending a letter recommending California Governor Newsom create a streamlined process for small counties and towns to request funding from California’s estimated $15.3 billion allotment of the $150 billion Coronavirus Relief Fund established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Currently, local governments above a 500,000 population threshold can receive 45% of their funding from the Department of the Treasury.

LaMalfa Statement on SBA Economic Injury Disaster Loans

Mar 20, 2020 Press Release
(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) issued the following statement after the U.S. Small Business Administration (SBA) made the entire state of California eligible for Economic Injury Disaster Loans. When these loans were first announced, the SBA’s online application was not allowing small businesses in certain Northern California counties to apply, but the issue has since been fixed. Economic Injury Disaster Loans provide small businesses with working capital loans of up to $2 million that can provide vital economic support to help overcome the temporary loss of revenue due to the coronavirus. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills that can’t be paid due to the disaster’s impact. The process to obtain an Economic Injury Disaster Loan is more streamlined than the standard 7(a) loan from the SBA so that businesses can receive the assistance as quickly as possible. To apply, visit SBA’s website.

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