Todd Young: “Thank you for not just your support, but your vocal support, engagement, leadership, and education of your colleagues…”

“Thank you for not just your support, but your vocal support, engagement, leadership, and education of your colleagues and others who are important stakeholders with respect to this issue. Thank you so much for being with us here this evening. I would like to pivot off of your discussion of this down economy. We are at a 35-year low in labor force participation. None of us is happy with the rate of job creation or business creation. One of my constituents was sharing with me recently they saw a stat indicating that business creation and entrepreneurship are at a 15-year low. Clearly, we are experiencing the hardest of times. The way to grow an economy, based on my economic background, is not to reduce the hours of workers and impose new compliance costs on our employers. Instead, we need to be removing obstacles to realizing the sorts of income that people need and opportunities to work your way up that economic ladder. Unfortunately, this goes in the opposite direction. I am pleased today to be joined by my good colleague, Mike Kelly of Pennsylvania, who partnered with me in helping to draft this legislation. He has proven himself to be a fine leader in the Ways and Means Committee.”