Economy and Jobs

The most urgent and critical issue we face is growing our economy and jumpstarting job creation. Throughout our local community, and our nation as a whole, we have seen too many of our citizens struggling to find work.  It is time for the federal government to get out of the way of small business owners, startup companies, and entrepreneurs all around the country so that we can finally get our economy back on track.

As a business owner, I know what it takes to make payroll, balance a budget, and plan for the future. Families and business all across the country are forced to live within their means and it is time for our federal government to do the same.

The first step towards a strong economic recovery that will provide more good-paying jobs for Americans is to finally get our fiscal house in order. Our country currently has over $16 trillion in debt and we are borrowing and spending at an alarming rate.

Secondly, our small businesses are overregulated. An estimate from the Small Business Administration indicates that the cost of all government regulations to our economy comes out to $1.75 trillion per year. We need a comprehensive review of federal regulations and I will work to repeal those that are unnecessary and are blocking job growth.

In addition, the United States currently has one of the highest corporate tax rates in the world. In the age of globalization, our country ranks only seventh in competitiveness. I support cutting our corporate tax rate and keeping all other taxes as low as possible too.

There are many commonsense steps we can take right away to improve economic conditions in the United States and help put people back to work. Job creation must continue to be our number one priority and I will fight on behalf of American companies and entrepreneurs.

For more information concerning my work and views related to Economy and Jobs, please contact me.

I look forward to hearing from you.

Thank you.

See also information on Jobs and resources for Businesses.

More on Economy and Jobs

May 28, 2020 Press Release
(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) issued the following statement after supporting H.R. 7010, the Paycheck Protection Program Flexibility Act, which would relax restrictions on Paycheck Protection Program (PPP) loan recipients
May 8, 2020 Press Release
(Chico, CA) — Congressman Doug LaMalfa (R-Richvale) issued the following statement after Governor Newsom announced new criteria for counties to reopen under phase 2 of his plan.
Apr 30, 2020 Press Release
(Chico, CA) – Congressman Doug LaMalfa (R-Richvale) spoke with Governor Gavin Newsom yesterday afternoon along with the entire bi-partisan California Congressional delegation. During the call Congressman LaMalfa asked Governor Newsom to recognize the differences in the regions of the state and that many areas including much of Northern California has already met or surpassed his previous criteria for beginning to reopen.
Apr 23, 2020 Press Release
(Washington, DC) — Congressman Doug LaMalfa (R-Richvale) issued the following statement after voting in favor of H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act.
Apr 15, 2020 Press Release
(Washington, DC) — Congressman Doug LaMalfa (R-Richvale) issued the following statement, urging Congressional Leadership to appropriate more money for the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL).
Apr 10, 2020 Press Release

(Washington, DC) — Congressman Doug LaMalfa (R-Richvale) issued the following statement after sending a letter recommending California Governor Newsom create a streamlined process for small counties and towns to request funding from California’s estimated $15.3 billion allotment of the $150 billion Coronavirus Relief Fund established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Currently, local governments above a 500,000 population threshold can receive 45% of their funding from the Department of the Treasury.

Mar 20, 2020 Press Release
(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) issued the following statement after the U.S. Small Business Administration (SBA) made the entire state of California eligible for Economic Injury Disaster Loans. When these loans were first announced, the SBA’s online application was not allowing small businesses in certain Northern California counties to apply, but the issue has since been fixed. Economic Injury Disaster Loans provide small businesses with working capital loans of up to $2 million that can provide vital economic support to help overcome the temporary loss of revenue due to the coronavirus. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills that can’t be paid due to the disaster’s impact. The process to obtain an Economic Injury Disaster Loan is more streamlined than the standard 7(a) loan from the SBA so that businesses can receive the assistance as quickly as possible. To apply, visit SBA’s website.
Feb 25, 2020 Press Release
(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) released the following statement after the Commerce Department’s Economic Development Administration (EDA) awarded $1.8 million to 3CORE, Inc. of Chico, California to establish a Revolving Loan Fund to generate 100 jobs and spur $6 million in private investment to wildfire-impacted Butte, Glenn, and Tehama counties.
Feb 6, 2020 Press Release
(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) released the following statement after the House passed the Protecting the Right to Organize (PRO) Act.
Dec 19, 2019 Press Release

(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) helped negotiate and write H.R. 5038, the Farm Workforce Modernization Act, which passed the House of Representatives today on a bipartisan vote of 260-165-1. The bill makes significant changes to the H-2A visa program including allowing year round workers that are vital to the nations struggling dairy farmers. The bill allows farmers to transition to a fully legal workforce and is coupled with mandatory E-Verify after the bill is fully implemented. 

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