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Economy and Jobs

Congressman Pallone believes we can grow the American economy and restore the American dream for all by raising wages, strengthening workplace protections, and investing in our national infrastructure.

Tax System:

Congressman Pallone opposed the partisan Republican tax plan, and voted no when it was considered by the House of Representatives. The newly enacted law disproportionately benefits the wealthy and sets caps on state and local tax deductions and reduces the mortgage interest deduction – changes that negatively affect New Jerseyans. The tax scam raises the national deficit by $1.5 trillion.

Congressman Pallone believes the American tax system should serve all Americans by growing our economy and supporting the middle class and those who aspire to reach it. He also believes that we should end unfair tax breaks that shield the wealthiest Americans from paying their fair share.

Investing in American Infrastructure:

Congressman Pallone advocates for strong federal investment to address our nation’s ailing infrastructure.  He understands that it’s time to make real and significant investments for the future.

To that end, Congressman Pallone introduced The Leading Infrastructure For Tomorrow’s America Act, or LIFT America Act, which sets out five years of funding for essential infrastructure improvements, job growth, and greater protections for public health and the environment. The legislation would appropriate:

  • Over $33 billion for clean energy, including $4 billion to upgrade the U.S. electric grid to accommodate more renewable energy and make it more resilient
  • $2.25 billion for new grant programs for distributed energy systems and solar installations
  • More than $21 billion to protect Americans’ drinking water, including $2.5 billion to establish a new grant program allowing PFAS-affected communities to filter the toxic chemicals out of their water supplies 
  • $2.7 billion for Brownfields redevelopment to revitalize communities and create jobs by returning valuable land to productive use.
  • $40 billion to deploy secure broadband access in underserved areas nationwide
  • $4 billion for electric grid infrastructure modernization
  • $2.7 billion for EPA’s Brownfields redevelopment grants
  • $2 billion in funding to reauthorize the Hill-Burton hospital infrastructure program, including targeted assistance to support cybersecurity in the health system

More on Economy and Jobs

March 11, 2019 Press Release

Washington, D.C. – Energy and Commerce Chairman Frank Pallone, Jr. (D-NJ) released the following statement today after the release of President Trump’s Fiscal Year (FY) 2020 budget:

January 22, 2019 Press Release

Washington, D.C. – Today in Metuchen, Congressman Frank Pallone, Jr. (NJ-06), Congresswoman Bonnie Watson Coleman (NJ-12), Metuchen Mayor Jonathan Busch, NJ Department of Human Services Commissioner Carole Johnson, federal employees and public officials called on President Trump and Congressional Republicans to end their shutdown of much of the Federal government. Pallone and House Democrats have voted to reopen the government numerous times, but the government remains closed over Trump’s insistence on a wasteful and unnecessary border wall.

January 18, 2019 Press Release

Washington, D.C. – Congressman Frank Pallone, Jr. (NJ-06) released the following statement on Governor Murphy and legislative leaders agreeing to raise New Jersey’s minimum wage to $15 an hour.

January 18, 2019 Press Release

Washington, D.C. – Today in Metuchen, Congressman Frank Pallone, Jr. (NJ-06), Congresswoman Bonnie Watson Coleman (NJ-12), Metuchen Mayor Jonathan Busch, NJ Department of Human Services Commissioner Carole Johnson, federal employees and public officials called on President Trump and Congressional Republicans to end their shutdown of much of the Federal government. Pallone and House Democrats have voted to reopen the government numerous times, but the government remains closed over Trump’s insistence on a wasteful and unnecessary border wall.

September 24, 2018 Press Release

Long Branch, NJ – Today, Congressman Frank Pallone, Jr. (NJ-06) held a roundtable with entrepreneurs and discussed policies that can create quality jobs in New Jersey. Congressman Pallone is the Ranking Member of the House Energy and Commerce Committee, which oversees many important issues vital to business, including the internet.

February 13, 2018 Press Release

Washington, D.C. – Today, House Democrats announced a bold, new, comprehensive infrastructure plan – A Better Deal to Rebuild America. This historic $1 trillion federal investment to rebuild our crumbling infrastructure is five times larger than President Trump’s rumored plan and will create more than 16 million jobs.

November 17, 2017 Press Release

Washington, DC – Congressman Frank Pallone, Jr. (NJ-06) released the following statement after voting against H.R 1 – the GOP Tax Bill.

October 5, 2017 Press Release

Long Branch, NJ-  Congressman Frank Pallone, Jr. (NJ-06) released the following statement on his vote against H.Con.Res. 71 – the Fiscal Year 2018 Republican Budget Resolution.

August 10, 2017 Press Release

Long Branch, NJ – Congressman Frank Pallone, Jr. (NJ-06) announced today that the South Plainfield Fire Department has been awarded a $192,473 in federal grants from the Assistance to Firefighters Grants (AFG) program. The grant will enhance South Plainfield’s ability to protect the health and safety of the public, as well as its first-responders, by updating its respiratory equipment. The equipment includes air packs, breathing apparatus, and face protectors.

August 3, 2017 Press Release

Dear neighbors,