Economy and Jobs

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  • Reed votes for Small Business and Farmer Tax Certainty
    Posted in Press Releases on February 13, 2015 | Preview rr
    Tags: Economy and Jobs

    Today, the House passed the America’s Small Business Tax Relief Act of 2015 to provide much needed tax certainty to Southern Tier and Finger Lakes small businesses and farmers. Congressman Tom Reed (NY-23) released the following statement: “Providing tax certainty is only fair to our small businesses and farmers. As the main source of jobs we should ensure every effort to encourage their growth and expansion. We need to take common sense steps to give our job creators more certainty and more con... Read more

  • ICYMI: Rep. Reed Food Bank Press Conference
    Posted in Press Releases on February 6, 2015 | Preview rr
    Tags: Economy and Jobs

    Congressman Tom Reed is fighting hunger. Earlier today he held a press conference at the Food Bank of the Southern Tier to highlight the positive impact his Fighting Hunger Incentive Tax Act will have on our region’s food banks and charities. Speakers included Natasha R. Thompson, President & CEO, Food Bank of the Southern Tie, Rick Reisinger, a Watkins Glen farmer, and Asher Terwilliger, President of the Chemung County Farm Bureau. Congressman Reed released the following statement: “I am humble... Read more

  • Acting to Defend Private Property
    Posted in Press Releases on January 26, 2015 | Preview rr
    Tags: Economy and Jobs

    Congressman Tom Reed (NY-23) introduced the “Defense of Property Rights Act” in response to recent adverse action taken by government actors against Southern Tier landowners. The bill would defend private property rights by providing an option for compensation on behalf of those unfairly harmed by government action. It would also open the judicial process in a more fair and equitable way. Congressman Tom Reed released the following statement: “Far too often private property owners are left on th... Read more

  • Pascrell, Reed Bill Reintroduce Long-Term Unemployed Hiring Tax Credit Legislation; Bipartisan legislation would extend Work Opportunity Tax Credit to incentivize hiring of workers that have exhausted their unemployment benefits
    Posted in Press Releases on January 23, 2015 | Preview rr
    Tags: Economy and Jobs

    U.S. Reps. Bill Pascrell, Jr. (D-NJ) and Tom Reed (R-NY), both members of the House Ways and Means Committee, today announced the reintroduction of H.R.481, the Long-term Unemployed Hiring Incentive Act, legislation that would extend the successful Work Opportunity Tax Credit program to make companies that hire long-term unemployed individuals eligible for a tax credit of up to $2400. Similar legislation was introduced in the last Congress, and the legislation was approved by the Senate Finance ... Read more

  • Reed Applauds Passage of Bill Approving Keystone Pipeline
    Posted in Press Releases on January 9, 2015 | Preview rr
    Tags: Economy and Jobs, Energy, Manufacturing Caucus

    REED APPLAUDS PASSAGE OF BILL APPROVING KEYSTONE PIPELINE House passes bill which moves construction of Keystone Pipeline forward Today Tom Reed supported legislation which advances the approval process of the Keystone Pipeline. The Keystone XL Pipeline Act passed the House of Representatives this afternoon with a bipartisan vote of 266-153. The bill requires the Executive Branch to approve the pipeline. “Passage of this bill is a win for all Americans,” Reed, Co-Chair of the House Manufacturing... Read more

  • Reed's Revitalize American Manufacturing and Innovation Act Becomes Law
    Posted in Press Releases on December 17, 2014 | Preview rr
    Tags: Economy and Jobs, Manufacturing Caucus

    REED'S REVITALIZE AMERICAN MANUFACTURING AND INNOVATION ACT BECOMES LAW Tom Reed’s Revitalize American Manufacturing and Innovation Act (RAMI) has become law. Reed’s bill, added as part of a compromise between House and Senate appropriators on a bill to fund government operations for 2015, became law when President Obama signed the appropriations bill into law. “RAMI’s passage shows that we all care about manufacturing jobs,” Reed declared. “It is exciting to see all of the hard work we did on b... Read more

  • Reed Calls House-Passed Tax Provision Extender Package “Critical for jobs”
    Posted in Press Releases on December 4, 2014 | Preview rr
    Tags: Economy and Jobs, Tax Reform

    Reed Calls House-Passed Tax Provision Extender Package “Critical for jobs” Package also includes provisions of Reed’s Mortgage Forgiveness Tax Relief Act and Fighting Hunger Incentive Act Calling its passage “Critical for jobs,” Rep. Tom Reed today voted in support of the House package of tax provision extenders. The bill, which renews various tax provisions which expired or were set to expire, passed the House on a bipartisan vote. “It is unfair that businesses and taxpayers are left in the dar... Read more

  • Reed Anticipates Senate Vote on Keystone Pipeline Legislation This Week
    Posted in Press Releases on November 17, 2014 | Preview rr
    Tags: Economy and Jobs, Energy, Manufacturing Caucus

    Tom Reed today said that he is looking forward to the Senate taking up the Keystone Pipeline legislation this week. “If the Senate passes the Keystone, it will send a message to the President that a veto would be putting politics over policy, and we’ve had enough of that in Washington,” Reed commented. “I care about people and the opportunities the pipeline represents for job creation and energy security, are without debate,” said Reed. “We have a solid opportunity here to construct a pipeline t... Read more

  • House Passes Bill to Approve Keystone Pipeline
    Posted in Press Releases on November 14, 2014 | Preview rr
    Tags: Economy and Jobs, Energy, Manufacturing Caucus

    Today Tom Reed voted in support of H.R 5682, a bill that will require the executive branch to approve the Keystone XL Pipeline through the central U.S. The House of Representatives took another step forward on a critical infrastructure project that will create over 42,000 fair jobs, that American consumers and workers will benefit from, lower energy costs and provide reliable and affordable North American energy. “Construction of Keystone XL will help provide energy security for our nation,” sai... Read more

  • New York State to Foot Portion of the Bill for Counties Affected by Flooding Earlier This Year
    Posted in Press Releases on November 14, 2014 | Preview rr
    Tags: Economy and Jobs

    Today Tom Reed applauded news that New York State will minimize the financial impact on local taxpayers by alleviating local governments of their entire required share of FEMA Public Assistance Program for counties affected by floods earlier this year. Earlier this month, Reed’s office urged the Governor to guarantee funding the local 25% cost share for communities in Western New York and the Finger Lakes. At the request of Reed’s office and other federal representatives, FEMA continues to work ... Read more