As we just heard, the Senate continues to discuss and consider an extension of unemployment benefits. Many Americans certainly do continue to struggle to find work in today's economy. While assistance to those without work serves an important purpose in helping Americans in transition, I am fearful we are failing--in fact, I know we are failing--to address the underlying and important root cause of that unemployment; that is, how do we as Americans grow our economy and create jobs for the citizens of our country? A growing economy creates new opportunities for Americans to find meaningful work. With meaningful work comes the opportunity for Americans to improve their economic security and advance up the economic ladder. In 2012 Senator Wyden and I started the Economic Mobility Caucus that met today for the fifth time, exploring ways we could work together to create the opportunity for every American to work their way up, have a better life, a greater future, more success, and better financial stability. Unfortunately--again, at the moment, in my view--a lack of leadership and partisan politics have prevented action on measures that could provide an immediate boost to the economy at little or no cost to the American taxpayer. Data from the Kauffman Foundation in Kansas City makes clear that most new jobs come from the young companies created by entrepreneurs. In fact, since 1980, nearly all of the net new jobs that have been created by companies are less than 5 years old.…
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Mr. President, I ask unanimous consent that the rollcall vote scheduled at 5:30 begin immediately. The PRESIDING OFFICER. Without objection, it is so ordered.





