Getting our economy back on track and creating new jobs is the priority of my constituents and a top priority of my own. The Democratic Congress has already taken significant steps to create jobs and jump-start the economy, resulting in the lowest tax rates in over 50 years and the creation of over 500,000 new jobs so far this year. The American Jobs and Closing Tax Loopholes Act continues these efforts. Current tax law allows companies here in the United States to be rewarded for shipping American jobs overseas. This is unconscionable, and American workers deserve better. This legislation includes provisions that close these tax loopholes and protects jobs here at home. This legislation will also continue to provide hard-working American families with the relief they deserve, relief on property taxes, sales taxes, and college tuition. Mr. Speaker, the American Jobs and Closing Tax Loopholes Act is another important step to creating new jobs and jump-starting our economy.
Editor's note · Context
The speaker addresses job creation and economic recovery through proposed legislation.
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