Is there a way... for those folks in the gig economy to be a homeowner in this new economy?
Tim Scott
The Public Record
Tim Eugene Scott is an American politician and businessman currently serving as the junior United States senator from South Carolina, a position he has held since January 2, 2013. He is a member of the Republican Party and was previously a United States Representative from May 5, 2011, to January 2, 2013. Scott is known for his focus on issues such as economic opportunity, education reform, and community development. He has been a vocal advocate for updating infrastructure and addressing the needs of senior citizens in his state.
In South Carolina, about three-quarters of our folks are scored or can be scored.
In terms of furthering what I call my 'opportunity agenda,' I am very interested in promoting sustainable home ownership versus home buyership.
I applaud the administration's focus on leveling the playing field between the United States and China.
It ensures we get a holistic perspective on how to grow our economy for everyone.
Facts and figures aside, at the end of the day I am worried about the Aiken family that is trying to buy their first home or the Nichols small business owner who just survived the flood and is now trying to get back on their feet.
today we are shaken and encouraged. My prayers remain with my friend Steve Scalise and his family; as well as with Zach Barth, the congressional staffer; Matt Mika, who was volunteering at the baseball field; and the two brave police…
It is this type of bipartisan sensible legislation that I do think is moving the ball forward to help deal with some of these issues.
I would love to hear, Ms. Savarese, what you think the major factors are driving the consolidation that is happening as well as the lack of new financial institutions.
Do we really want to add to that consolidation trend if there is a way that we can support those communities banks in serving the unique needs of their communities?
It is without doubt very important that we continue to see more credit unions and more small banks populate throughout our Nation.
If you think about the lack of access to financial institutions to borrow money for a home or to start a new business, we might ask ourselves how do we expect for those rural areas that are on the wrong side of an uneven economic recovery…
Unfortunately, that is not the trend, and that leads to a very important point that in South Carolina, about 9 percent of our population is totally unbanked; another 23.5 percent or so are underbanked.
It seems like our focus on workforce investment is going to be a very important part of how to navigate the future challenges that will displace millions of workers in a way that we have not seen in the past.
I would love for you to take a look at the legislation and come back with some thoughts on how we might have some success in impacting long-term poverty and unemployment in those distressed communities.
Folks at home are a lot smarter than we give them credit for being, but we simply do not talk to them.
I also share the overall goal in the budget to reduce deficits without raising taxes, keeping in mind that our Nation's debt nearly doubled during the previous administration.
I have not been alone. There has been a bipartisan recognition--one that I think is growing more by the day--that our current tax system does not work.
I repeatedly implored President Obama to engage with Congress on tax reform, but to no avail.
Those regulations, the reporting regulations being imposed on those property and casualty companies that have international exposure, doing international work--they are not trying to escape taxation.
If we are looking for a way to have a conversation with middle America about getting a raise at work, the corporate tax rate is one of the fastest ways for us to get to that higher income for the folks whom we care about.





