Economy, Jobs & Taxes

Our country's strength and success is based on our robust middle class. These days, too many American families feel that the American Dream is slipping away – they are worried about finding good jobs, sending their kids to college, losing the equity in their homes, and even foreclosure. Rebuilding the American Dream so that every individual has access to opportunity and success is a challenge, but not an impossible one. The Great Recession and the current federal budget problems were no accident; they were the result of decades of policies that further enriched the wealthy at the expense of everyone else, as well as Bush Administration policies that put wars and tax cuts for the rich on a credit card and turned a blind eye to Wall Street’s recklessness.  By creating the perfect storm, these man-made mistakes led to a devastating financial collapse.

But we are not helpless in the face of these challenges. I am fighting for job creation, economic opportunity for all, help for those who are struggling, and fair and responsible ways to reduce the deficit.

In Congress, I am a leader on progressive solutions to our economic and fiscal challenges and I have offered specific proposals on deficit reduction, jobs, and tax policy. I served on the National Commission on Fiscal Responsibility and Reform (the Bowles-Simpson Commission), and offered an alternative to the co-Chair's proposal to show what a real balanced plan would look like - one that didn't further burden struggling middle class and low income families.

We also need to make sure that people are employed in good jobs that provide them with a living wage and benefits so that workers can take care of their families.

 

 

More on Economy, Jobs & Taxes

November 17, 2020 Video

The U.S. House of Representatives passed three bills from the Subcommittee on Consumer Protection and Commerce, which I chair. This bill, H.R. 8121, directs the Consumer Product Safety Commission to study the effect of the COVID-19 pandemic on injuries and deaths with consumer products. It also will take a look at the effects on our travel and tourism industry.

November 10, 2020 Video

Congresswoman Schakowsky joined Chicago Tonight on WTTW to discuss the 2020 Elections and transition, and the latest on a COVID-19 relief package. Representatives Mike Quigley and Raja Krishnamoorthi were also on the panel.

October 15, 2020 Editorial
There is one piece of the negotiations that Republicans want to include that most Americans do not need or want — corporate immunity from coronavirus-related lawsuits, not just during the pandemic, but through 2024.
September 9, 2020 Press Release

WASHINGTON – Today, Congresswoman Jan Schakowsky, Chair of the Consumer Protection and Commerce Subcommittee of the House Energy and Commerce Committee, cheered the passage of seven bills out of the full Energy and Commerce Committee which had moved through her subcommittee. The legislative bills deal with artificial intelligence, senior and pandemic scams, and consumer product safety.

September 9, 2020 Press Release

WASHINGTON, DC – Congresswoman Jan Schakowsky, Senior Chief Deputy Whip and Chair of the Consumer Protection and Commerce Subcommittee of the House Energy and Commerce Committee, applauded the advancement of H.R. 1754, the Horseracing Integrity Act, after a vote today by the full committee to send the legislation to the U.S. House floor. The legislation was introduced by Congressman Paul Tonko (NY-20).

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