Economy and Jobs
North Florida has been hit hard by unemployment. Getting Floridians, and the rest of America, back to work is one of the reasons I came to Congress. In order to create jobs, we must get the federal government out of the way. Too often, job creation falls victim to over-regulation and red-tape. Small businesses are uniquely affected by the burden of over-regulation, and we must create an atmosphere of certainty and stability for these job creators. I am in favor of reducing red-tape and eliminating job-killing regulation from agencies that have run wild with administrative power. Congress must reassert our role in this process and reign in these agencies. I am in favor of eliminating the practice of "legislation by regulation" and bringing accountability to these departments. I am a co-founder and co-chair of the Freshman Regulatory Reform Caucus. This group was started to put an end to these costly rules and get Americans working again.
Strong tax reform is also needed to bring jobs back to the United States. Businesses need stability in order to hire and our current tax structure brings anything but that. I am in favor of the FairTax, Flat Tax, and other tax reform proposals that bring certainty and ease to our tax structure. Government should create an atmosphere that makes it easier to create private sector jobs--not harder.
More on Economy and Jobs
Washington, D.C. – Congressman Ted S. Yoho’s (R-FL) efforts to secure funding for the Jacksonville Harbor deep dredge navigation project have paid off. In the recently released President’s Budget for Fiscal Year 2018, funds have been allocated for this project. Congressman Yoho released the following statement:
With the Trump administration pulling the United States out of the Trans-Pacific Partnership when it took office in January, a Florida Republican is looking for closer trade relations with one of the Asian nations that had been part of it.
Washington, D.C. – Congressman Ted S. Yoho (R-FL-3), Congressman Rodney Davis (R-IL-13), and Congressman John K. Delaney (D-MD-6) introduced a pair of bipartisan infrastructure bills using revenues from international tax reform to upgrade America’s infrastructure. Congressman Yoho and Congressman Delaney introduced The Infrastructure 2.0 Act, legislation that includes the AIF and provides additional long-term revenues to stabilize and expand the Highway Trust Fund.
If there is one over-arching conclusion that can be drawn from the first two weeks of the Donald Trump administration, it’s that President Trump aims to keep the promises he made to his voters during the 2016 campaign. The degree to which Trump is striving to keep those promises is nearly-unheard of (Americans had come to expect that once a politician becomes elected to office, that politician abandons many of the campaign promises that were made, or severely compromises him).
Washington, D.C. – Congressman Ted S. Yoho (R-FL-03) voted in favor of H.R. 5303: Water Resources Development Act (WRDA). This bill will create jobs and build up America’s water resource infrastructure. Congressman Yoho gave the following statement after his vote:
“Roughly $230 billion dollars worth of cargo is moved through the nation’s waterways annually. Today’s passage of the Water Recourses Development Act authorizes important Army Corps of Engineers water projects that ensure the movement of that cargo.
Washington, DC – The National Federation of Independent Business (NFIB), the nation’s leading advocate for small businesses, awarded Yoho with its biennial Guardian of Small Business Award for his outstanding support of America’s small business owners in the 114th Congress.
Washington D.C. – Congressman Ted S. Yoho (R-FL-03) voted in favor of increasing access to capital for small business across America. With Congressman Yoho’s help, the Accelerating Access to Capital Act (H.R. 2357) passed the House by a vote of 236 to 178. This bill expands the eligibility to use a simplified registration form for smaller reporting companies. Congressman Yoho released the following statement.
Washington D.C. – Congressman Ted S. Yoho (R-FL-03) released the following statement in response to President Obama’s 2017 budget request:
Washington D.C. – Congressman Ted S. Yoho (R-FL-03) voted yes on H.R. 8, the North American Energy Security and Infrastructure Act. H.R. 8 will help make sure America remains the leader in energy production; modernizing our energy infrastructure, protect our electricity system, strengthen our energy security, and improve the nation’s energy efficiency and government accountability. Congressman Yoho released the following statement after his vote:
After nearly a decade of secret negotiations, twelve Asia- Pacific countries reached a historic free trade agreement on Oct. 5, 2015. The goal of the Trans-Pacific Partnership is to reduce and eliminate tariff and non-tariff barriers on goods, services and agriculture throughout the Pacific Rim. Additionally, this agreement establishes trade rules that directly address global economic issues and expand on current World Trade Organization commitments. All of this sounds good, but is it?