Jobs and the Economy
The great recession left millions of Americans unemployed and millions more struggling to support their families. Although we’ve made progress, it is clear that we still have work to do. Moreover longer-term changes, brought by globalization and technology, have drastically changed our economy in the last three decades. With that in mind, competitiveness – how we can position our businesses and workers to compete on a global market – is the lens through which I analyze economic policy.
As the only former CEO of a publicly traded company currently serving in Congress, I understand that we need a vibrant private sector to create long-term job growth and a strong middle class. I support policies that encourage entrepreneurship, innovation, and a better climate for business.
There is also a role for government in making our country more competitive. Around the globe the healthiest economies are those where the public and private sector work together. My competitiveness agenda has five key components: 1) investing in a world-class education and research system for our workers, 2) developing a national energy policy that encourages domestic energy production with a goal towards becoming an alternative energy leader, 3) immigration reform so that the best and brightest can work for our companies, 4) infrastructure investment to rebuild our roads and bridges, and 5) a grand bargain budget deal to get our fiscal house in order.
In May I introduced the first major component of my competitiveness agenda, the Partnership to Build America Act (H.R. 2084). My legislation would finance up to $750 billion in infrastructure investment at no cost to the taxpayer, instead bonds would be sold to the private sector. With strong support from Republicans and Democrats, it represents the bipartisan approach to job creation that I believe is essential. For more information on the Partnership to Build America Act, click here.
More on Jobs and the Economy
Today, the House of Representatives passed H.R. 4, the “FAA Reauthorization Act of 2018,” a bill to reauthorize the Federal Aviation Administration through 2023. The legislation included funding for the Essential Air Service (EAS) Program, the Federal Contract Tower Program, and important aviation training and workforce development efforts. The legislation also includes consumer protection and safety reforms.
WASHINGTON – The European Union’s executive branch, the European Commission, has announced that it will increase its investment in artificial intelligence (AI) research and development by €1.5 billion and called on member states to invest €20 billion as well.
Congressman John K. Delaney (MD-6), the founder of the House AI Caucus, says that the European Union’s action should get the attention of U.S. policymakers.
WASHINGTON – On Monday, the White House released their infrastructure proposal.
Congressman John K. Delaney (MD-6) releases the following statement:
WASHINGTON – Today, Congressman John K. Delaney (MD-6) wrote to President Donald Trump, urging him to embrace a bipartisan approach on infrastructure. Multiple reports have indicated that infrastructure will be a top White House priority in 2018.
WASHINGTON – During Wednesday’s Joint Economic Committee hearing on the economic outlook with Federal Reserve Chair Janet Yellen, Congressman John K. Delaney (MD-6) urged Chair Yellen to consider growing income inequality and the impacts that potential policy changes could have on the bottom 60% of Americans. During his question period with the Chair, Congressman Delaney spoke extensively about the economic outlook once the data has been disaggregated to account for widening gaps between the top 40% and the bottom 60% since 1980.
WASHINGTON – House Republicans announced Tuesday that they would delay the release of their tax bill.
WASHINGTON – During today’s Joint Economic Committee hearing on entrepreneurship and tax policy Congressman John K. Delaney (MD-6) spoke about the passions that animate entrepreneurs and forcefully challenged the argument from the panelists that measures like repealing the estate tax would encourage entrepreneurship.
WASHINGTON – Congressman John K. Delaney (MD-6) highlighted the economic impacts of automation and artificial intelligence during today’s House Committee on Financial Services hearing with Federal Reserve Chair Janet Yellen. Congressman Delaney argued that technology is likely to create more jobs that it displaces, but that we must start thinking about long-term trends on employment. Delaney asked Chair Yellen her views on these trends and what her policy recommendations would be.
WASHINGTON – Congressman John K. Delaney (MD-6) has published an op-ed in U.S. News & World Report on President Trump’s infrastructure plan. Congressman Delaney’s op-ed argues that if the White House’s proposal is overly-reliant on public-private-partnerships, it will be insufficient.
WASHINGTON – Congressman John K. Delaney (MD-6) has published an op-ed in The Hill urging Democrats not to demonize coal workers and to push for policy solutions on climate change that also help the workers and communities that will be disrupted.