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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 Economy

November 2, 2019 Press Release

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:

September 20, 2019 Press Release

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:

September 20, 2019 Press Release

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:

September 9, 2019 Press Release

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.

September 6, 2019 Press Release

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:

August 2, 2019 Press Release

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:

July 25, 2019 In The News

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.

July 9, 2019 Press Release

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:

July 5, 2019 Press Release

GILBERT, ARIZONA – Today, the Department of Labor released the jobs report for the month of June, showing that the economy added 224,000 jobs, that wage earnings rose 3.1% over a year ago, and that the unemployment rate remained well under 4%. Congressman Biggs released the following statement:

June 12, 2019 Press Release

WASHINGTON, D.C. – Today, the U.S. Treasury Department released the Monthly Treasury Statement for May 2019. The data shows that government revenues have increased for FY 2019 (in large part due to tax collections), but that government spending has increased almost 10% during the same period. Interest on the national debt has cost the United States over $354 billion during FY 2019, and is estimated to run over $593 billion by the end of the fiscal year. Congressman Biggs released the following statement: