ON THE ECONOMY I grew up in Ulster County in a family supported by a small business, so making sure we protect and grow the businesses in our communities is a personal cause for me. Small businesses are the economic engine of our local economy; they make up over half the jobs in this country, and they have created two thirds of all the new jobs in the past 15 years. Unfortunately, Republicans in Congress have done nothing to support our small businesses. Republicans have gone to Washington and taken vote after vote that hurt the working men and women in the Hudson Valley and the Catskills.
I’m running for Congress because this is unacceptable. In Congress, I will work to extend tax credits for small businesses to hire new employees, reduce regulations and increase funding for SBA loans that help create and expand many small businesses, and work to eliminate capital gains taxes on investments in small businesses. And I will work to close loopholes that reward companies for shipping jobs overseas and work to ensure that trade deals do not stack the deck against American workers. By reinvesting in American industries, like the clean energy sector, and by rewarding companies that bring jobs here, not ship them away, we can help put this country back to work.
ON THE DEFICIT AND DEBT The biggest problem facing this country is the lack of jobs. We must make sure small businesses are able to expand and hire more workers — this will grow the economy and decrease our debt. Also, by ending the war in Afghanistan, closing tax loopholes for corporations like Big Oil and making sure billionaires pay their fair share, we can get this country back on the right economic track. We must always find new ways to cut spending, but we need to use a scalpel, not a chainsaw.