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 (R-FL) praised the US Department of Transportation (DOT) for allocating $7.7 million for a railyard in Baker County Florida under their Consolidated Rail Infrastructure and Safety Improvements (CRISI) program.
Washington, D.C. - Congressman Ted S. Yoho (R-FL) released the following statement after the Environmental Protection Agency (EPA) announced a new, clear definition for (WOTUS)“waters of the United States.” The new Navigable Waters Protection Rule delivers on President Trump’s promise to finalize a revised definition for “waters of the United States” that protects the nation’s navigable waters from pollution and will result in economic growth across the country.
Washington, D.C. – Today, Congressman Ted S. Yoho (R-FL) voted no to save millions of minimum wage jobs. The Congressional Budget Office (CBO) estimates the Raising Unemployment for American Workers Act- H.R. 582, would cause 3.7 million workers to lose their jobs by 2025. The CBO states this will lead to higher unemployment especially among ‘those lower in socioeconomic status and teenagers.’ Congressman Yoho gave the following statement:
Washington, D.C. – Congressman Ted S. Yoho (R-FL) released the following statement after the House passed a package of bills referred to as Tax Reform 2.0:
Washington, D.C.—Congressman Ted S. Yoho (R-FL) released the following statement today after the Trump administration announced its new Affordable Clean Energy (ACE) rule:
Puerto Rico is the biggest market opportunity for America's growing natural gas industry, and Jacksonville, which ships almost 90 percent of Puerto Rico's goods and already exports liquefied natural gas to the island, is primed to corner that market. That was the consensus reached by Congressional representatives, industry leaders and even the CEO of Puerto Rico's energy authority at Tuesday's American LNG Summit at the Cecil Center.
Puerto Rico is in the midst of rebuilding its beleaguered power grid, which was neglected for years before Hurricane Maria devastated it last fall.
Now they’re going to have jobs in Marion Oaks.’
The County Commission on Tuesday accepted the state Department of Economic Opportunity’s plan to put up $5.5 million to help development of the Cross Florida Commerce Park on County Road 484 west of Interstate 75.
The money will be used to widen CR 484, build a road into the property, and extend utility lines.
The county’s five-year capital improvement plan includes $6 million in matching funds to help on widening CR 484.
Washington D.C. – Congressman Ted S. Yoho (R-FL) released the following statement after hearing the Army Corps of Engineers announced they would include approximately $32.389 million in funding in their 2018 Work Plan in support of the JAXPORT Harbor deep dredge navigation project.
“Today’s announcement is welcome news for JAXPORT, our district, and our local and state economy. I am honored the administration granted our request, and I am proud of our office’s efforts to help secure these funds.
The United States tax code has over 70,000 pages and roughly 3 to 4 million words. It is complicated, filled with special-interest loopholes, makes our companies less competitive and costs Americans countless hours in productivity just to file their returns. House Republicans want to change all of that.
Washington, D.C. – Congressman Ted S. Yoho (R-FL) released the following statement on the recent GOP Tax reform proposal introduced by the Ways and Means Committee.