Economy and Jobs
We must work to promote policies that create jobs in the Fifth District, remove onerous government regulations that stifle job creation, and rein in Washington's reckless spending.
There is no greater priority for us in the Fifth District than job creation.
It is unacceptable that unemployment in the region remains unacceptably high with many areas of the Fifth District have an unemployment rate that is greater than the national average.
In order to get our economy back on track it is vital that the message coming out of Washington be one that fosters an environment of economic certainty; we must remove Washington as a roadblock to job creation. As a Nelson County farmer explained it, the greatest barrier to jobs is the federal government.
To this end, I have introduced several pieces of legislation so far to help spur job creation and protect taxpayer dollars.
H.R. 37, Promoting Job Creation and Reducing Small Business Burdens Act, which combines the text of 11 bills to remove unnecessary federal regulations hindering job growth. The Small Company Disclosure Simplification Act, which was introduced by Hurt and Representative Terri Sewell (D-Alabama) during the 113th Congress in March 2014 and passed the House in September 2014.
H.R. 1105, the Small Business Capital Access and Job Preservation Act, is a bipartisan bill that will help restore confidence and certainty to the marketplace by reducing unnecessary government mandates put in place by the Dodd-Frank law so that our small businesses can access capital more easily and more jobs can be created and preserved. There is nothing more important to job creation than getting private capital into the hands of entrepreneurs on Main Streets across our district so that they can create jobs. H.R. 1105 was passed by Republican and Democrat members of the U.S. House of Representatives on December 4, 2013.
H.R. 1564, the Audit Integrity and Job Protection Act, would allow public companies to maintain quality auditing practices and avoid unnecessary additional costs that ultimately are passed on to investors and consumers. The legislation would remove the threat of federal over-regulation on our local businesses, so that employers can focus on hiring and expanding rather than more federal bureaucracy. H.R. 1564 was passed by the U.S. House of Representatives on a bipartisan vote on July 8, 2013.
H.R. 2937, the Commonsense Permitting for Job Creation Act, is a bipartisan, bicameral bill I introduced with Rep. Morgan Griffith and Sens. Tim Kaine and Mark Warner to combat overreaching regulatory interpretations that were stalling economic development that could bring significant job creation to Southside Virginia. H.R. 2937 would stop this regulatory overreach to allow these economic development projects to move forward in the permitting process while remaining in line with commonsense environmental protections.
H.R. 3631, the Small Manufacturer Protection Act, would level the playing field for generic drug user fees so that smaller manufacturers would be expected to pay fees that would reflect the relative size of their firms compared to drug company giants. Without this parity, small manufacturers across the country, including the Fifth District, could be impacted by job losses.
By reducing the unnecessary government regulations that hinder small businesses, keeping taxes low and allowing people to keep more of what they make, and cutting spending to get our fiscal house in order, the private sector will gain the confidence necessary to expand and create the jobs that the people of the Fifth District need and deserve.
For more information concerning my work and views on the issues of Economy and Jobs, please contact my Washington, DC office.
I look forward to your feedback.
More on Economy and Jobs
|5/19/14||Robert's Round-Up: Small Businesses Are the Key to More Jobs|
|5/5/14||Robert's Round-Up: Working to Put Forth Pro-Growth Policies That Will Stimulate Our Fragile Economy|
|5/2/14||Robert Hurt Statement on April Jobs Report|