Taxes and Economy
During my time in Congress, I have worked to reset the nation’s regulatory climate to free the American economy from the constricting rules of unelected bureaucrats and to pass a meaningful tax reform package to give financial relief to American families and businesses. We have seen many positive results. I will continue working with my colleagues and President Trump to help facilitate similar job-creation trends and roll back overreaching regulations.
More on Taxes and Economy
GILBERT, ARIZONA – Today, the U.S. Department of Labor released the Employment Situation Summary for February, showing that 273,000 jobs were created, the unemployment rate fell to 3.5%, and wages increased 3% from the previous year. Congressman Biggs issued the following statement:
WASHINGTON, D.C. – Today, the U.S. Department of Labor released its Employment Situation Report for November, showing an increase of 266,000 jobs, a lowered unemployment rate of 3.5%, and a yearly wage rate uptick of 3.1%.
Americans are taking notice, just look at the headlines. CNBC said that “the jobs market turned in a stellar performance in November.” Bloomberg News stated that “U.S. Jobs Trounce Forecasts; Wages Heat Up.” USA Today wrote that the U.S. “Economy added booming 266,000 jobs in November.”
GILBERT, ARIZONA – Yesterday, the U.S. Treasury indicated that America’s National Debt breached $23 trillion for the first time in the country’s history. Congressman Biggs issued the following statement:
WASHINGTON, D.C. – Today, Congressman Biggs introduced the Small Business Flexibility Act, which would grant restaurant owners and other employers of tipped workers greater flexibility over how they pay and manage their staffs. Congressman Biggs offered the following statement:
WASHINGTON, D.C. – Yesterday, the U.S. House of Representatives passed H.R. 4378, a continuing resolution (CR) to fund the federal government through November 21, 2019, along with other program extenders. This legislation was introduced the night before. Congressman Biggs voted against the CR and issued the following statement:
WASHINGTON, D.C. – Today Congressman Andy Biggs was honored by National Taxpayers Union (NTU) for having one of the strongest voting records in Washington, DC on supporting lower taxes, limited government, and economic freedom. This year, Congressman Biggs is one of only 17 Representatives to have earned the “Taxpayers’ Friend Award,” the top award in this category, for their outstanding voting record during the 2018 Congressional session.
GILBERT, ARIZONA – Today, the U.S. Department of Labor released its Employment Situation Report for August 2019, showing that the American economy added 130,000 jobs, the unemployment rate remained at 3.7, wages increased over 3% from the previous year, and labor force participation and the number of Americans marked as ‘employed’ experienced positive gains. Congressman Biggs released the following statement:
GILBERT, ARIZONA – Today, the U.S. Department of Labor released its July 2019 Employment Situation Report, showing that 164,000 jobs were added last month, the unemployment rate remained at 3.7%, and wage growth from last year ticked up 3.2%. Congressman Biggs issued the following statement:
The recently announced budget deal by congressional leadership – combined with the 87th debt ceiling increase since 1959 – is a bad deal for the future of all Americans.
GILBERT, ARIZONA – This week, the Congressional Budget Office released its report for the Effects on Employment and Family Income of Increasing the Federal Minimum Wage. This report specifically examines how increasing the federal minimum wage to $10, $12, or $15 per hour by 2025 would affect employment and family income.
Some disturbing revelations from the report include: