Economy and Jobs
Jim McGovern’s top priority in Congress is spurring economic development and job creation in the Second District, with a strong focus on helping small businesses grow and succeed. The Congressman has helped dozens of innovative small businesses thrive in our area, including companies that produce high-tech prosthetics for returning soldiers, solar panels, high-energy lasers, fuel cells, medical devices, and other essential technologies.
Jim has voted to provide tax relief and incentives to small businesses, and will continue to push for additional tax relief and to reduce red tape. Jim advocates reforming our outdated tax code so that it is fairer to middle class families and helps our small businesses and entrepreneurs compete.
Congressman McGovern also recognizes how important improving our local infrastructure is to our economic development. He has secured millions of dollars for road and bridge projects, wastewater system improvements, and commuter rail service throughout Massachusetts.
For more information concerning my work and views related to Economy and Jobs, please contact me.
More on Economy and Jobs
WASHINGTON, D.C. – Congressman Jim McGovern (D-MA) released the following statement today after the Department of Labor announced that the economy added 151,000 jobs in January, the unemployment rate fell to 4.9 percent – an eight-year low, and average hourly wages have now by 2.5 percent over the past 12 months. Following the creation of 262,000 jobs last month, January represents the 71st consecutive month of private sector job growth:
WASHINGTON, D.C. — Congressman Jim McGovern (D-MA) released the following statement today after the Department of Labor announced that the economy added 292,000 jobs in December:
Caption: From Left to Right: Haymarket Café co-founders David and Peter Simpson with Rep. McGovern
WASHINGTON, D.C. – Today, Congressman Jim McGovern (D-MA) joined House Democrats and Republicans in voting 316-113 to pass the FY 2016 Omnibus Appropriations bill. This measure funds the government for Fiscal Year 2016. The omnibus bill was part of a bipartisan deal that included a tax extenders bill passed yesterday with a strong bipartisan vote of 318-109.
WASHINGTON, DC – Today, following House passage of the PATH Act – a multiyear tax package – Representatives Jim McGovern (D-MA), Peter King (R-NY), Earl Blumenauer (D-OR), and Bob Dold (R-IL) welcomed a permanent increase of the commuter tax benefit exclusion for transit riders to $255 a month, finally giving transit equal treatment with parking subsidies in the tax code. This provision incorporates legislation introduced by Congressman McGovern and the other lawmakers, H.R. 990, the Commuter Parity Act.
WASHINGTON, DC – Members of the Massachusetts congressional delegation today applauded the Federal Emergency Management Agency’s (FEMA) announcement that more than $120 million in disaster assistance has been awarded to the Commonwealth for costs associated with this past winter’s historic snowfall.
WASHINGTON, D.C. – Today, Congressman Jim McGovern (D-MA), one of the leading voices in Congress calling for action to address hunger, applauded the release by the White House of a new report on hunger highlighting how SNAP improves food security and life outcomes for families, with long-term benefits for health, education, and economic well-being.
WASHINGTON, D.C. – Today, Congressman Jim McGovern (MA-02), joined colleagues on both sides of the aisle to pass H.R. 22, the Highway Bill Reauthorization/Export-Import Bank Reauthorization, by an overwhelmingly bipartisan 363-64 vote.
WASHINGTON, D.C. – Today, Congressman Jim McGovern (MA-02) announced that Tom Colyer, owner of Greenwood Hill Farm in Hubbardston, Massachusetts, is among the newly appointed members of the 2016 Lamb Promotion, Research, and Information Board. Each appointee will serve 3-year terms. Colyer and his wife Andrea naturally raise Merino sheep and sell yarns, sheepskins, and meat from their farm.
WASHINGTON, D.C. – Today, Congressman Jim McGovern (MA-02) announced that Massachusetts has received $6,697,404 in State Small Business Credit Initiative (SSBCI) funds to help small businesses access the capital they need to grow and create jobs.