Economy and Jobs
American entrepreneurship and hard work spur economic growth and serve as the driving force for our country’s job creation potential.
Congress can act to create a favorable climate for job creators. This includes reforming the overly complicated tax code, which stifles job creation and includes one of the highest corporate tax rates in the world. Congress can support job creation by reducing unnecessary government regulations, expanding American energy production, and encouraging innovation. Congress must also work to rein in out-of-control spending, which has fed an 18 trillion dollar national debt and threatened the long-term stability of our economy.
Washington should not discourage growth but instead empower businesses to succeed and create the jobs necessary to facilitate a sustainable economic recovery and create a brighter future for our children.
In addition, the House has passed legislation to streamline and improve federal work-training programs, provide working families with flexibility, and restore the 40-hour workweek by eliminating the Affordable Care Act’s 30-hour penalty.
More on Economy and Jobs
Water Resources Development Act (WRDA) of 2016
Washington, DC - Rep. Trey Gowdy (SC-04) issued the following statement after the House passed the Water Resources Development Act (WRDA) of 2016, which included authorization for the Charleston Harbor Deepening Project.
Each year since 1963, a Presidential Proclamation has been issued to raise awareness and honor small businesses nationwide by celebrating Small Business Week. Here in the Upstate, small business owners and entrepreneurs are the heart of our community and our economy. Every year, South Carolinians take risks by investing their time, energy, and finances to build their companies.
International trade accounts for more than one in five jobs in South Carolina, and in the Upstate alone exports support more than 64,000 jobs. To put it simply, our state is a trading powerhouse.
Whether it's exporting automobiles or agricultural products, producing tires and turbines or powering a manufacturing renaissance, our workers can compete with anyone, anywhere.
Rep. Trey Gowdy (R-SC) released a statement on President Obama’s State of the Union address:
“Last year, the President promised he would use his pen and phone to ignore the legislative branch and push through his agenda by executive fiat. We have witnessed one executive power grab after another, setting a dangerous precedent and eroding the constitutional balance set forward by our Founders.