Jenkins Discusses Economy, Tax Reform - KOAM TV 7

Jenkins Discusses Economy, Tax Reform



Jenkins Discusses Economy, Tax Reform 


WASHINGTON, D.C. – Today, Conference Vice Chair Lynn Jenkins (KS-02) joined the House leadership team to discuss the president again pivoting his focus to jobs and the economy this week. Congresswoman Jenkins also highlighted the House Ways and Means Committee continuing efforts on tax reform to "get this economy moving and the American people back to work." 

Vice Chair Lynn Jenkins:

"The president did say earlier this week that the economy is not where he would like it to be. Something that my constituents are very well aware of every time they go to the doctor, go to the grocery store, or fill up their automobile with gasoline. It is not where it needs to be. 

"After five years as president, we are hoping he will turn to Congress and work with us to improve this economy. The unemployment rate was slightly down this month, but it is because people have all but given up looking for work. I think the more important statistic is that the workforce participation rate is the lowest it has been in 35 years - the lowest since 1978. 

"And while, we stand ready to work with a number of issues that have been articulated already on the health care law to keystone, tax reform is something that those of us on Ways and Means have been working on for several years now. 

"We have the highest corporate tax rate in the world. Every minute we refuse to pursue tax reform, we are incentive businesses to take their jobs offshore. That is the wrong answer. 

"We have been working very hard to make lives easier for our small businesses by lowering the rates, eliminating the loopholes that only the very wealthy take advantage of. We want to put more money in hardworking American taxpayers' pockets and so we stand ready to work with the president and hope he will engage at some point in reforming our tax code, so we can get this economy moving and the American people back to work."

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