Jobs and the Economy
My top priority as a Member of Congress has been bringing jobs back to our communities. In this current economy, many Ohioans know someone who is struggling to find work. Congress must focus on policies, legislation and oversight that promotes job creation.I have also introduced my own jobs initiative, The American Made Energy and Infrastructure Jobs Act, a bill which will create jobs, reduce the price of gas at the pump, and reduce our dependence on foreign oil. My plan opens up untapped oil resources in the Outer Continental Shelf that will raise revenue from new offshore drilling leases and provide a new dedicated source of revenue to fund infrastructure projects, creating thousands of new jobs.
Under the Obama Administration, there were numerous, burdensome new mandates and regulations put on our small businesses. That is why Congress needs to do away with the job-destroying restrictions that have been placed on our small businesses. It is our small businesses that create a majority of the jobs across the country. We must support efforts to help small businesses grow and create jobs, not put our job creators on life support.
That’s why one of the first actions of the 115th Congress was to pass the REINS Act. This legislation requires agencies to submit major regulations to Congress for approval, and ensures these regulations cannot become effective until approved.
Congress is currently considering proposals to reform our nation’s federal tax code, which was last overhauled more than 30 years ago. Over that time, the code has become increasingly complex, making it more costly, time consuming and difficult for individuals and employers to comply with tax laws. The United States is also now home to the world’s highest corporate tax rate, a status that has encouraged jobs to move overseas.
For these reasons, the tax writing committees in Congress and the Administration are reexamining the federal tax code on a comprehensive basis. I believe our tax code should be reformed to encourage job creation, simplify compliance, and enable individuals to keep more of their hard-earned income.
VIDEO: CLICK HERE to listen to Stivers' radio interview on Middle Market businesses and the economy.
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