Jobs, Economy & Small Business Archives - Page 42 of 50

Growing our economy and creating jobs

While America has rebounded from the depths of the great recession, too many hardworking families in the heartland are still waiting for the economic recovery to arrive.

For me, there’s nothing more important than making sure we’re doing all we can to grow Illinois’ economy by creating an economic environment where businesses can succeed. But, as we work to achieve these goals, we also need to make sure we’re doing it in a way that strengthens working families, grows our middle-class and creates good-paying jobs across Illinois.

Bringing 21st Century Manufacturing and Jobs to our Region

I’m working to help jump-start the next Industrial Revolution right here in Illinois. Recently, I was proud to help bring the first two Digital Manufacturing and Design Innovation Institute chapters to Rockford and the Quad-Cities. This program will help these communities position themselves as global leaders in advanced engineering by connecting local industries to advanced tools and expertise. Additionally, by partnering with government and academic institutions, the Digital Manufacturing Labs will help prepare our workers for 21st century manufacturing jobs.

I also worked to help the Greater Peoria Economic Development Council earn designation as one of just 12 regions in the country to be a part of the U.S. Commerce Department’s Investing in Manufacturing Communities Partnership Program. This collaborative effort will strengthen the earthmoving industry in Peoria by improving local parts supply chains, addressing infrastructure challenges that prevent existing businesses from expanding, and investing in workforce training to connect workers with the skills they need for local manufacturing jobs.

My vision for our region is simple – I believe that by focusing on revitalizing our manufacturing triangle region, we will help attract new employers and prepare our workers for the manufacturing jobs of the future. It’s not going to be easy, but nothing worth fighting for ever is.

Leveling the Playing Field

We have some of the best workers in the world, but far too often, we’re competing on an uneven global economic playing field that has resulted in too many good-paying jobs being shipped overseas to places like China and India. My standard for trade deals is pretty straight forward – if it doesn’t grow our economy and strengthen working families in Illinois, I won’t support it. But, I also think we need to take steps to eliminate any financial and tax incentives that make it easier for big corporations to outsource our jobs. Instead, we need to focus on ways to incentivize these companies to invest in our workforce and invest in American manufacturing. These are just a few of the reasons why I’m so proud to support the “Make It in America” jobs plan.

Helping Small Businesses Expand

Small businesses create two out of every three new jobs in America, so their ability to succeed is absolutely critical to our economic future. This is why I introduced a new bill that would help small and mid-sized manufacturers gain access to new markets to increase their business. The Boosting America’s Exports Act would help small businesses and startup entrepreneurs reach their full potential by connecting them with the tools and resources they need to begin exporting American-made products to consumers around the world. By helping them expand into new markets and increase American exports, we’ll create thousands of good-paying jobs and opportunities here at home.

Below are several recent updates about the work I’m doing to grow Illinois’ economy.

More on Jobs, Economy & Small Business

Press Release

December 2, 2016

Bustos, Duckworth and Loebsack Applaud Passage of the National Defense Authorization Act

Lawmakers Worked Together to Include Bipartisan Provisions to Strengthen the Rock Island Arsenal WASHINGTON – Today, Congresswoman Cheri Bustos (IL-17), Senator-Elect Tammy Duckworth and Congressman Dave Loebsack (IA-02) voted in favor and applauded the passage of the Fiscal Year 2017 National Defense Authorization Act (NDAA). This was the final House passage of the bill, which […]

Press Release

December 2, 2016

Bustos applauds passage of Energy Bill to save thousands of Illinois Jobs and $1.2 billion in annual economic activity

Bustos led bipartisan letter urging leaders in Springfield to protect Illinois jobs and help break our addiction to foreign fossil fuels WASHINGTON – Today Congresswoman Cheri Bustos applauded the Illinois State legislature for working together to pass an energy bill that will keep Exelon’s plants in the Quad-Cities and Clinton open for business. According to […]

News

December 1, 2016

NPR: Rep. Bustos Recruited To Help Improve Democrats’ Message

Originally appeared on NPR’s Morning Edition. Listen here. House Democratic Leader Nancy Pelosi has fended off a challenge to her long leadership reign. Steve Inskeep talks to Rep. Cheri Bustos, who Pelosi invited to join the Democratic leadership.

Press Release

November 21, 2016

Bustos Announces $4 Million in Federal Funding for Illinois Manufacturing Excellence Center

WASHINGTON – Today, Congresswoman Cheri Bustos (IL-17) announced $4 million in federal funding for the Illinois Manufacturing Excellence Center in Peoria. The grant, from the U.S. Department of Labor’s “America’s Promise” program, will be used to grow regional partnerships between workforce agencies, education and training providers and employees. “Our region has a rich manufacturing history, […]