Economy and Fiscal Responsibility

Learn more >> Click here to learn more about the hudreds of bills, amendments, and resolutions Rep. Phillips is supporting in CongressA partnership between the Library of Congress, the U.S. House of Representatives, and the U.S. Sentate, congress.gov is an online database offering timely and accurate updates about federal legislation. Filter by policy area, status, or date to track the issues that are important to you

More on Economy and Fiscal Responsibility

June 11, 2021 Press Release

WASHINGTON, D.C. – On Friday, June 11th, Reps. Dean Phillips (D-MN) and Chrissy Houlahan (D-PA) joined non-profit and business leaders to discuss the path toward a more equitable, sustainable and prosperous economy and to launch a new Congressional Stakeholder Capitalism Caucus dedicated to that cause.

April 16, 2021 Press Release

WASHINGTON, D.C. – This week, Rep. Dean Phillips (MN-03) engaged in a whole-of-government strategy to call out systemic underinvestment and tax fairness in Minnesota, from advocacy at the White House to the House Transportation & Infrastructure. On balance, Minnesotans currently pays out more than $1.8 billion each year to federal coffers without seeing that money invested locally. Meanwhile states like Kentucky receive $63 billion more from D.C. than they share in federal taxes.

April 16, 2021 Press Release

Washington, DC – Today, Reps. Dean Phillips (MN-03) and Adam Kinzinger (IL-16) introduced bipartisan legislation aimed at reducing the federal deficit by $3.25 trillion over a 10-year period. The National Committee on Fiscal Responsibility and Reform Act of 2021 would establish a joint committee in Congress, evenly split between Republicans and Democrats and task the group with issuing a report on how to achieve the much needed fiscal health of our federal deficit.

February 24, 2021 Press Release

WASHINGTON, DC – Today, House Small Business Oversight Subcommittee Chairman Dean Phillips (MN-03) convened a hearing titled “Perspectives from Main Street: Raising the Wage.” The hearing comes as the House prepares to vote on President Biden’s American Rescue Package, a COVID-19 stimulus bill which includes a proposal to raise the federal minimum wage to $15, as early as Friday.

February 11, 2021 Press Release

WASHINGTON, D.C — During a late night stimulus markup yesterday, Rep. Dean Phillips (MN-03) announced that he will lead a Small Business Committee hearing on the impact a federal $15 minimum wage would have on American small businesses and jobs. The upcoming minimum wage hearing will be the Congressman’s first as chair of the Subcommittee on Oversight, Investigations and Regulations.

February 5, 2021 Press Release

WASHINGTON, D.C. — Today, House Small Business Committee Members Angie Craig and Dean Phillips were joined by Rep. Betty McCollum, and U.S. Senators Amy Klobuchar and Tina Smith in urging Congressional leaders to include direct financial support to restaurants in the upcoming COVID-19 relief package or as a standalone bill. In a letter addressed to Congressional leaders in both parties, the lawmakers called for a targeted grant relief program, as outlined in the RESTAURANTS Act, to be made a top priority in future negotiations.  

February 4, 2021 Press Release

WASHINGTON, D.C. – Today, Rep. Dean Phillips (D-MN) announced he will lead the House Small Business Subcommittee on Oversight, Investigations and Regulations as Chair for the 117th Congress.

January 21, 2021 Press Release

WASHINGTON, D.C. — Today, U.S. Representatives Dean Phillips, Jason Crow, Jimmy Panetta, and Lauren Underwood announced the introduction of the Health Force, Resilience Force, and Jobs to Fight COVID-19 Act, legislation that would invest billions in the nation’s public health jobs and infrastructure and aid the country’s lagging vaccine distribution campaign.

December 21, 2020 Press Release

Washington, D.C. – Today, Rep. Dean Phillips (D-MN) praised the passage of a bipartisan emergency relief package to help American families and small businesses struggling during the most devastating public health emergency in modern American history. 

December 3, 2020 Press Release

WASHINGTON, DC — Today, Thursday, December 3, 2020, Dean Phillips (D-MN) and other members of the Problem Solvers Caucus stood together to fight for their common-sense bipartisan, bicameral COVID-19 emergency relief package. It is being supported by a rapidly growing group of Senators on both sides of the aisle, the U.S. Chamber of Commerce, and others to help American families, small businesses, workers, and health care providers during this crisis.