I am a firm believer that in order to foster job creation we must get big government out of the way to allow the American entrepreneurial tradition to prosper again. For too long, burdensome regulations have limited economic and job growth in this country, which is why I’m a strong proponent of regulatory reform and ensuring that the competitive spirit of the American economy is restored. Earlier this Congress, I voted in favor of eight resolutions to disapprove of midnight regulations rushed by the Obama Administration on their way out of office.
I am strongly in favor of a simpler and fairer tax code that provides economic relief to the middle class and incentivizes job growth in Northeast Wisconsin and across the country. The last time Congress truly tackled tax reform was in 1986, that was 31 years ago. Since then, our tax code has become a monstrosity of special interest loopholes that make it burdensome for small businesses and hard working Americans to navigate. We must enact legislation that simplifies our code and is pro-growth and benefits the hard working men and women of Wisconsin’s 8th District.
Another area that must be addressed is financial reform. Since the enactment of Dodd-Frank, one in four community banks has closed. I support replacing this misguided and job killing legislation with fair and strong regulation that will enable more investment and growth on Main Street that has been struggling under this law.
- H.R. 1 - Tax Cuts and Jobs Act
- H.R. 10 - Financial Choice Act
- H.R. 26 - Regulations from the Executive in Need of Scrutiny Act
- H.R. 1116 - TAILOR Act
- H.R. 2890 - Housing Opportunity Mortgage Expansion Act
More on Economy
Washington, D.C. – Rep. Mike Gallagher led a group of his colleagues in a letter to the newly formed Joint Select Committee on Multiemployer Pension Solvency, urging the committee to find a fiscally responsible solution to the impending multiemployer pension crisis. According to the most recent report, the multiemployer pension program is expected to be insolvent by 2025.
Milwaukee Journal Sentinel | Rep. Mike Gallagher
Much has been said about the tax reform bill over the last couple of months, but few have noticed a provision that gives states a new tool to revitalize struggling communities.
Washington, D.C. – Today Rep. Mike Gallagher released the following statement in response to Grassland Dairy ending milk contracts with Wisconsin dairy farmers after losing sales to Canada: