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

January 8, 2019 Press Release

Today, Congresswoman Jan Schakowsky, a Senior Chief Deputy Whip and Vice Chair of the Democracy Reform Task Force, offered the following response following President Trump’s Tuesday night address:

January 4, 2019 Press Release

Today, Congresswoman Jan Schakowsky, a Senior Chief Deputy Whip and Vice Chair of the Democracy Reform Task Force, offered the following statement after she cosponsored H.R. 1, the For the People Act, the House Democratic Majority’s signature legislation to strengthen democracy, get big money out of politics, and clean up Congress:

“I am proud to join Speaker Pelosi, Congressman John Sarbanes, and more than 155 other House Democrats in taking an important first step toward fulfilling our promise to strengthen our democracy.”

December 13, 2018 Press Release
The Comprehensive Legislation Would Help Eliminate Skewed Market Incentives and Empower American Workers
October 26, 2018 Press Release

As reported in Crain’s Chicago Business, today Illinois Democrats unveiled a new report outlining how the GOP Tax Scam hurts homeowners in every Congressional district in Illinois.

October 2, 2018 Press Release

Today, Congresswoman Jan Schakowsky (D-IL), a Chief Deputy Whip and Co-Chair of the Seniors Task Force, was joined by Reps. Donald Norcross (D-NJ) and Suzanne Bonamici (D-OR) in reintroducing the Women’s Pension Protection Act. This bill, which was introduced in the Senate by Senator Patty Murray (D-WA), takes necessary and important steps to ensure that women are better prepared for retirement. After the bill’s introduction, the lawmakers released the following statements:

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