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 —Today, U.S. Representative Randy Hultgren (R-IL-14) supported passage of H.R. 1, the Tax Cuts and Jobs Act. The legislation included Rep. Hultgren’s bill H.R. 1425, the Bring Small Businesses Back Tax Reform Act, which cuts the overall small business tax rate to 25 percent. Some Illinois companies are paying up to 40 percent in federal taxes.
Washington, DC — U.S. Representative Randy Hultgren (IL-14) released a video at the start National Apprenticeship Week which recognizes the importance these opportunities provide in unleashing the American workforce. The video was shown at a National Apprenticeship Week event today for 14th District employers hosted by the McHenry County Workforce Network.