Mobile Menu - OpenMobile Menu - Closed

Economy

Creating jobs, strengthening New Jersey’s middle class, and stimulating the economy have been my top priorities since the serious economic downturn and throughout the recovery.

 

Helping to Stimulate the Economy and Encourage Job Growth:

Rebuilding America’s manufacturing sector is key to improving our economy. That is why I have supported the Democratic Make It In America Agenda, in order to rebuild America’s manufacturing industry and put the men and women of this nation back to work. The Make It In America Agenda is an initiative aimed at creating jobs today, driving economic recovery, and moving America forward. The Make It In America plan focuses on four core components:

  • Adopt and pursue a national manufacturing strategy
  • Promote the export of U.S. goods
  • Encourage businesses to bring jobs and innovation back to the United States
  • Train and secure a twenty-first century workforce

I support investments that will keep our nation moving in the right direction.  Investment in our transportation infrastructure is vital to enhancing our economy, increasing our safety, maintaining our global competitiveness, and most importantly improving our quality of life. Our nation’s infrastructure is in dire need of investment. In urban areas, such as the 8th District, transportation plays a critical role in the soundness of our economy and quality of life. I support long-term investment in our nation’s transportation infrastructure and believe it is imperative that Congress works towards finding a long-term solution that addresses these needs.

Additionally, the renewable energy sector has the potential to create millions of quality American jobs throughout the next decade.  In the past, I have supported policies that provide the necessary incentives to promote the renewable energy sector.  Supporting initiatives that curb our nation’s energy use and encourage the development of renewable energy sources not only protects the future of our planet, but is a smart way to create jobs in emerging industries.

 

Protecting Our Middle Class Families:

I have fought continuously to ensure that middle-class Americans are provided with the necessary financial relief during times of difficulty. As our nation’s unemployment rate continues to decrease, we must preserve funding for the millions of families who temporarily rely on unemployment benefits as they seek further employment. Helping those who have lost employment through no fault of their own while they get back in the job market is a sensible way to ensure that money is moving through our economy.

Raising the minimum wage is a critical step in closing the opportunity gap and building an economy that works for everyone. By raising the minimum wage, we can restore fairness for working men and women across the country.  No hard working American should be forced to raise their family in poverty, but unfortunately the current minimum wage allows for just that.  I believe that an increase in the minimum wage is not only the moral thing to do, but that it would also provide a much-needed boost to our economy.

 

More on Economy

Aug 1, 2022

Last week, I joined my colleagues in the House in passing several important pieces of legislation, including an assault weapons ban, a package of investments in domestic semiconductor development and scientific research, a whole-of-government response to droughts and wildfires, and legislation to ensure access to telehealth after the pandemic ends.

Jun 17, 2022

This week, I took several important votes to pass legislation which will bring down food and fuel costs, make important reforms to ocean shipping which will ease supply chain issues, promote racial equity in finance and lending, and invest in biodiversity and conservation.

May 20, 2022

This week, the House of Representatives took several important votes to address fuel price gouging, domestic terrorism, the infant formula shortage crisis, the needs of veterans, and support for law enforcement and public safety officers. I also joined letters to urge the administration provide Temporary Protected Status to Central American countries and to ensure greater food security in Haiti. The Environmental Protection Agency (EPA) also announced that New Jersey will receive $221 million for important water infrastructure projects.

Mar 11, 2022

This week, the House of Representatives passed important pieces of legislation to fund the government and invest in the American people in fiscal year 2022, support the Ukrainian people as they defend their country from Russia’s unjust invasion, and ban imports of Russian oil. In addition, I introduced legislation with Rep. Debbie Wasserman Schultz (D-FL) to restart the Cuba Family Reunification Program.

Mar 2, 2022

(Washington, D.C.)- Today, Congressman Albio Sires (D-NJ) released the following statement in response to the President’s State of the Union speech before Congress:

Dec 18, 2021

This week, I joined my colleagues in the House of Representatives in passing several pieces of legislation to raise the debt ceiling and prevent the U.S. from defaulting on its debt, recommend holding Mark Meadows in contempt of Congress for refusing to answer a subpoena, address international Islamophobia, and address the ongoing crimes against humanity against Uyghurs in China. In addition, I cosponsored legislation to require safe storage of firearms.  

Dec 10, 2021

This week, I joined my colleagues in the House of Representatives in passing the National Defense Authorization Act (NDAA), as well as legislation to prevent cuts to Medicare, establish procedures to address the debt ceiling, and protect our democracy from the abuse of presidential power. I also participated in a Transportation and Infrastructure Hearing concerning the expansion of intercity passenger rail and a Foreign Affairs committee markup.

Nov 22, 2021

Last week, I joined my Democratic colleagues in the House of Representatives in passing the Build Back Better Act, a transformational piece of legislation which invests in the American people and supports our ability to fully recover from the pandemic.

Nov 19, 2021

(Washington, DC) - Today, the House of Representatives passed the Build Back Better Act, a hard-fought piece of legislation which responds to the needs of American families and addresses issues which were exacerbated by the pandemic.

Nov 9, 2021

Last week, I joined my colleagues in passing the Infrastructure Investment and Jobs Act, a historic investment that will help make necessary improvements to our nation’s roads, highways, and bridges, invest in climate sustainable infrastructure, and create millions of jobs. The House passed additional legislation including my bills to protect democracy in Nicaragua and show solidarity with the democratic movement in Cuba.

Pages