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 Jim advocates reforming our outdated tax code so that it is fairer to middle class families and helps our small businesses and entrepreneurs compete.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.
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More on Economy and Jobs
WASHINGTON, D.C. – With Puerto Rico just days away from defaulting on a nearly half-billion dollar debt payment, Congressman Jim McGovern (D-MA) called for House Republicans to work with Democrats to find a bipartisan solution.
WORCESTER, MA – Today Congressman Jim McGovern (MA-02) continued his affordable housing tour of Central Massachusetts with two events following yesterday’s visit to Linwood Mill Apartments in Northbridge, which received $60,100 in federal low-income tax credits for redevelopment of the historic textile mill to create 75 units of affordable elderly rental housing.
NORTHBRIDGE, MA – Today Congressman Jim McGovern (MA-02) toured Linwood Mill Apartments as part of his work to highlight the need for affordable housing in Central Massachusetts. The property was developed by EA Fish Development, which in February 2011 received $60,100 in federal low-income tax credits for redevelopment of the historic textile mill to create 75 units of affordable elderly rental housing.
WASHINGTON, D.C. – Congressman Jim McGovern (MA-02) applauded today’s announcement that Massachusetts has been selected by the Department of Defense to host a $317 million public-private research partnership called the Revolutionary Fiber and Textile Manufacturing Innovation Institute.
WORECESTER and BOSTON, MA – Today, Congressman Jim McGovern (D-MA) rode from Worcester to Boston to highlight a permanent increase in the commuter tax benefit for mass transit riders that was included in a bipartisan multi-year tax package that was signed into law in December 2015.
WASHINGTON, D.C. – Today, Congressman Jim McGovern (D-MA) hosted a press conference with Democratic Leader Nancy Pelosi, Democratic Whip Steny H. Hoyer, Democratic Caucus Chairman Xavier Becerra, senior House Democrats, and anti-poverty advocates to call for strong investments in anti-poverty programs to help more families get back on their feet as the economy continues to recover.
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: