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Public Statements

Issue Position: Jobs & the Economy

Issue Position

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Washington's number one job right now should be job creation. Congressman Roskam is a leading voice in Washington for the sort of policies we need to get the economy back on track. That's why the National Federation of Independent Businesses, our country's leading small business organization, recently awarded Congressman Roskam with the Guardian of Small Business Award.

We were promised that unemployment would peak at 8% with the $800 billion stimulus package, yet unemployment hangs near 10% nationally, and even higher - above 10% - in our Sixth District. Congressman Roskam brings the commonsense we need in Washington to abandon failed policies and get job #1 done: create more jobs.

While Washington has been paralyzed by partisan debates, Congressman Roskam has been delivering for our district. In July he hosted a job fair with more than 100 local employers and training resources. More than 2,000 people showed up for the event in Addison. Congressman Roskam knows the needs of our district and is working to make sure we have the resources we need locally.

This year we'll end up over 93%. Stopping the spending madness in Washington and getting our debt under control is critical to our economic recovery.

Roskam's Rescue Roster

There are a couple of things that Congress could do right now to bring economic certainty for our job creators to make the investments we need in recovery and job growth. Congressman Roskam is fighting for these things in Washington:

* Permanently extend the 2001 and 2003 tax relief
Tax increases in a down economy don't work. Our families need to keep their money now.

94% of all small businesses pay taxes through the individual income tax system.

That means blocking the tax increase on January 1 will ensure our small businesses have the resources they need to compete.

A tax increase on the "wealthy" means that 50 cents of every dollar a small business earns will be hit with higher taxes.

* Give small businesses a 20% tax deduction

By giving small businesses this tax incentive we can spark immediate investments in economic growth.

* Require major federal regulations to be voted on in Congress before implemented

Uncertainty coming from Washington is a major factor suffocating economic recovery.

In 2008, there were 94 regulations from Washington that would have an economic impact of more than $100 million.

Giving Congress an up or down vote on these major regulations will have a restraining influence on bureaucrats in Washington.

Repeal job-killing mandates on our job creators

This year, Democrats in Washington passed new laws that require small businesses to report to the IRS with 1099 forms all their transactions totaling more than $600 with one party.

More paperwork, more scrutiny from the IRS, and higher penalties for these new burdens will not encourage job growth.

Block massive new energy taxes

New national energy taxes like cap-and-trade will make the cost of energy skyrocket and kill jobs.

Manufacturing is one of the two largest employment sectors in our district.
Driving up the cost of energy will hurt the more than 1,000 manufacturers and 80,000 manufacturing employees in our district.

The National Association of Manufacturers opposed the cap-and-trade bill "because of its devastating impact on the economy."


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