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Congressman Mike Quigley

Representing the 5th District of Illinois

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 overseasraise the minimum wagecombat 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.

 

Rep. Mike Quigley celebrates “Start-Up Day Across America” with Chicago-based companies Reverb and Curiosity.

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.
 
Rep. Mike Quigley bill to expand small business’ voice at the SEC was signed into law by President Obama.

More on Economy and Jobs

Mar 15, 2012 Press Release
On Wednesday, March 21, U.S. Representative Mike Quigley (IL-05) will host a Non-Profit Grants Workshop for small organizations looking for funding during difficult economic times.
Nov 29, 2011 Press Release
Congressman Mike Quigley (IL-05) launched a new online survey aimed at providing local entrepreneurs with the support and resources they need to successfully operate and expand their businesses.
Oct 4, 2011 Press Release
U.S. Representatives Mike Quigley (IL-05) introduced The Mortgage Credit Availability Act of 2011 (H.R. 3084), which authorizes the Director of the Federal Housing Finance Agency (FHFA) to temporarily increase the conforming loan limits for mortgages that originated in high-cost areas.
Aug 19, 2011 In the News
Rep. Quigley Joins Paul Lisnek on CLTV to talk about the Federal Budget and Jobs "
Feb 9, 2011 Press Release
Mike argues for state pension reform in the face of accumulated debt crises and rejects call for states to declare bankruptcy.

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