Economy and Fiscal Responsibility

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More on Economy and Fiscal Responsibility

August 23, 2021 Press Release

WASHINGTON, D.C. - Rep. Dean Phillips (MN-03) released the following statement today: 

July 21, 2021 Press Release

Washington, D.C.— Today, Rep. Dean Phillips (D-MN), Chairman of the Subcommittee on Oversight, Investigations, and Regulations, held a hearing examining the role of the Small Business Administration (SBA) and small firms in fighting climate change. In 2021, historic floods, record temperatures, and blazing wildfires have wreaked havoc on communities, posing a significant threat to small businesses nationwide.

June 24, 2021 Press Release

WASHINGTON, D.C. – Today, Rep. Dean Phillips (MN-03) introduced the HONEST Enterprises Act, legislation that would incentivize responsible corporate governance and reward businesses that go above and beyond to care for their employees and make a difference in their communities.

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.