Economy and Jobs
I believe there is no reason Americans cannot enjoy a robust and expanding economy in the 21st century. To do this we must create the conditions conducive for economic growth – cut taxes, reduce government spending, eliminate costly and burdensome regulations and foster an economic climate of certainty that instills businesses with the confidence to invest and create jobs.
We know from experience that massive federal spending packages do not work. They cannot harness the ingenuity and creativity of the American worker. They merely serve as stopgap measures and saddle us and our children and grandchildren with an ever-growing burden of debt and act as a drag on the economy. Excessive government spending does not create sustainable good-paying jobs. The bulk of job creation comes from small businesses grown in our communities and cities.
That is why I support cutting taxes for working Americans and the businesses that hire them. Lower taxes mean more money for businesses to expand and create jobs. Lower taxes result in more money in the pockets of Americans to spend as they see fit. Learn more about my stance on tax reform here.
I support reducing the regulatory burden on businesses.Senseless regulations are costly.The more money businesses must spend to comply with government mandates, the less they have to reinvest and hire workers. We need to restore commonsense regulations back into the workplace.
I favor gaining control of and reducing federal spending. American families have to live within their means. The federal government should as well.
We are on our way to establishing a sensible federal budget that cuts federal spending, and will lead to lowers taxes so that the economy will once again grow and create jobs.
- Awarded U.S. Chamber’s Spirit of Enterprise Award in recognition of supporting pro-growth, pro-jobs policies during the first session of the 113th Congress.
- Voted for H.R. 803, the Supporting Knowledge and Investing in Lifelong Skills (SKILLS) Act that removes roadblocks for workers to access job training immediately, eliminates ineffective programs and creates a single source of support for workers, employers and job seekers and empowers state governors to consolidate state-level training programs to eliminate waste and improve support for workers.
More on Economy and Jobs
Washington, DC — U.S. Rep. Randy Hultgren (IL-14) released the following statement in reaction to the Trump Administration’s decision to move forward to impose hefty tariffs on imports of steel and aluminum from the European Union, Canada and Mexico:
Washington, DC — U.S. Rep. Randy Hultgren (IL-14) today voted for key regulatory relief for community financial institutions and job creators.
The Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), which contains several provisions Hultgren authored as a member of the House Financial Services Committee, reduces the onerous regulations that have stifled the banking and consumer finance sector and shackled the economy since the flawed Dodd-Frank Act became law in 2010. The relief bill now goes to the President’s desk for his signature.
Washington, DC — U.S. Representative Randy Hultgren (IL-14) released a statement today following the announcement that Speaker Paul Ryan (WI) will not be seeking reelection this year:
Washington, DC — U.S. Representative Randy Hultgren (IL-14) supported House passage today of H.R. 1625, the omnibus appropriations legislation to fund the government. The House passed all 12 spending bills last year.
Washington, DC — U.S. Representative Randy Hultgren (IL-14) welcomed news that American employers added 200,000 jobs in January, and wages rose at their fastest pace in more than eight years. Many employers with locations throughout the 14th Congressional District have delivered higher wages, more bonuses and more investments, and have cited as a contributing factor the passage of the Tax Cuts and Jobs Act.