Economy and Jobs
Our country has come a long way since 2008 when our nation experienced the worst financial crisis since the Great Depression. Since that time, I’m proud to say our economy has significantly recovered. Thanks in large part to the policies implemented under the Obama Administration, unemployment has been cut in half, household wealth exceeds pre-crisis levels, and we’ve had the longest streak of private-sector job growth in our history. However, it’s indisputable that too many Americans still aren’t experiencing the benefits of our growing economy. In fact, between 2009 and 2012, 91 percent of income gains went to those in the top one percent. This means it’s harder for middle-class Americans to climb the ladder of success, and even harder for poor Americans to grab hold of the lowest rung. I believe that expanding our middle class requires us to adopt a combination of policies that tackle income inequality so all Americans have a fair shot in today’s economy and polices that accelerate economic growth so American workers and businesses can thrive in tomorrow’s economy.
In Congress, I’m an active member of the New Democrat Coalition, which is a pro-growth, fiscally-responsible, solutions-oriented coalition of members that seeks to bridge the partisan divide and enact new and innovative policies that will help build a 21st century American economy. I’ve been proud to introduce legislation, which is now law, that will give small businesses a greater voice in the regulatory process. I’ve also supported legislation to expand small business exports overseas; raise the minimum wage; combat wage discrimination; and reward businesses that hire veterans. Furthermore, I have opposed efforts to undermine worker's rights and have addressed the importance of strengthening our unions.
While the Trump Administration has proposed devastating budget cuts to a number of federal agencies and programs that American families depend on, I have worked hard as a member of the House Appropriations Committee to promote policies that would provide Illinois families with new economic opportunities.
To celebrate Startup Day Across America, Rep. Quigley visited mHUB in Chicago to raise awareness about the benefits that startups can have for local economies.
Small businesses are vital to the Fifth District’s economy. To promote supporting small businesses and show what they contribute to the community, Rep. Quigley visited Unabridged Bookstore in Lakeview to celebrate National Small Business Week.
Rep. Mike Quigley hosted a roundtable with ACG Global and prominent Chicago women in finance for a roundtable discussion to better understand the barriers women face in their ascent to leadership positions in the financial sector.
More on Economy and Jobs
After the CARES Act was passed by both the House and Senate, the President signed the legislation into law on Thursday, March 27, 2020. Below you will find answers to some frequently asked questions to help you unpack the over 800-page, $2 trillion funding package.
U.S. Representative Mike Quigley (IL-05), Chair of the House Appropriations Subcommittee on Financial Services and General Government, and Representative David Joyce (OH-14), Ranking Member of the House Appropriations Subcommittee on Interior, Environment, and Related Agencies, are circulating a letter among House members urging House and Senate leadership to include direct funding for hospitals and health systems in the next supplemental spending package.
My staff is continuing to fulfill their official responsibilities throughout this time. If you need help with a federal agency, you can click here to open a case with my staff.
I believe that this outbreak calls for thorough, robust, and bipartisan action. I’m proud of Congress for mobilizing quickly and passing a smart, bipartisan bill that provided $8.3 billion in emergency funding for prevention, preparedness, and response efforts. The House passed an additional bill to implement paid sick leave and emergency unemployment benefits, provide free coronavirus testing, and expand food security programs.
I want to reassure you that addressing the coronavirus (COVID-19) outbreak is the top priority in Congress. As part of the response, my office and I have been in frequent contact with the Centers for Disease Control and Prevention (CDC), the Illinois Department of Public Health, the Chicago Department of Public Health, and other relevant agencies. I am also coordinating closely with local health care professionals and Chicago-area hospitals.