Political Quotes

On the recordApril 16, 2018
According to the Aspen Institute, from 1996 to 2008, the percentages of American workers receiving employer-sponsored training, on-the-job training, as it were, has fallen by 40 percent. With a growing skills gap, and American businesses unable to fill 6.3 million jobs due to a lack of qualified candidates, it is imperative that Congress incentivizes investments in worker training. That is why I introduced the Investing in American Workers Act last Friday. This forward-thinking legislation provides a 20 percent tax credit to small and midsized companies that increase their investments in worker training over a given year. Eligible programs include apprenticeships, specialized community college courses, and those offered by employers or industry associations. This is a win-win for American employers and employees, helping American companies compete globally and helping workers obtain higher wages and long-term job security. Our workforce is the foundation of our economy, and we cannot ignore the consequences of failing, as a country, to invest in American workers. ____________________
Said by
Raja Krishnamoorthi
Democratic · Illinois
Source
govinfo.gov
Apr 16, 2018

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