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Growing Our Economy

To grow our economy, we need to invest in our workforce, education, and job training. We need to fix our crumbling infrastructure, bringing it into the 21st century. We need to invest in health care, research and development, and bolster small businesses and local manufacturers.

I voted against the Republican tax bill because it threatens these vital investments in our economy, hurts working families, balloons the national debt, and threatens Social Security and Medicare, all to lavish tax breaks on multinational corporations and those already on the top rung of the economic ladder. I discuss my concerns in this interview on PBS NewsHour.

Combating Tax Loopholes that Ship U.S. Jobs and Tax Dollars Offshore

Tax dodging by large multinational corporations is not a victimless offense. The failure to close tax loopholes means we are forced to borrow more from foreign creditors, like China and Saudi Arabia, or make hard-working families and small businesses pay the difference.

The Republican tax law created new incentives for multinationals to outsource American jobs abroad and stash their profits in island tax havens.

I have been a strong advocate for closing tax loopholes that allow multinational corporations to avoid paying their fair share for our national security, infrastructure, and education system. My “No Tax Breaks for Outsourcing” Act would level the playing field for small and domestic businesses, ensuring that large multinationals pay the same rate on profits made abroad as they do here at home.

Protecting Consumers

With my strong support, Congress enacted legislation to create the Consumer Financial Protection Bureau, a powerful consumer advocate. Consumers need protection from financial predators. When your family is counting on something--a home, a job, or a retirement plan--we should not let big government get in your way, but neither should we let other powerful forces, such as Wall Street banks, health insurance monopolies, or pharmaceutical giants, interfere. Throughout the Trump Administration, much of the important work of the CFPB was undone, and I will work to repair the damage in the Biden Administration.

Opposition to Bank Bailouts

I voted against all of the Big Bank bailouts. While the Wall Street Reform bill should have done more -- much more -- about those Wall Street interests that are paid too much and taxed too little, it represented a modest but important step toward preventing future bailouts.

Keeping the Internet Open

As a longtime advocate for a free and open internet for all, I have consistently supported net neutrality, which provides a level playing field for small businesses and entrepreneurs to compete, while protecting consumers from exorbitant fees for faster service. I was strongly opposed to former Federal Communications Commission Chairman Ajit Pai’s repeal of the net neutrality rules. On multiple occasions, I urged him to remove this proposal from the FCC’s agenda and sponsored a congressional resolution to override the FCC's awful decision.  

I was also one of the first members of Congress to oppose the so-called Stop Online Piracy Act (SOPA) and urged the House Judiciary Committee to reject the bill’s overly broad language that could harm free speech and threaten cybersecurity.

The internet is an engine for economic growth. We should balance the goal of fighting copyright infringement with protecting the freedom of expression and creativity that has contributed to the internet’s success. I remain committed to encouraging innovation and to promoting an unfettered internet for consumers and our many tech startups in the district.

San Antonio Missions National Park Expansion 

In 2014, President Obama signed into law legislation that included my bill to expand San Antonio Missions National Historical Park by 137 acres near Missions San José, San Juan, and Espada. The inclusion of more historical areas within the boundary of the park allows the National Park Service to protect significant cultural resources, including labores, original Spanish farm fields near Mission San Juan. In 2015, I joined the National Park Service, Bexar County, and local leaders to ceremonially expand the Missions National Historical Park boundary. With San Antonio’s Tricentennial, we continue to celebrate the successful addition of all five San Antonio Missions to the UNESCO World Heritage List, which will boost our local economy. 

More on Growing Our Economy

April 10, 2021 In The News
As President Biden races ahead with a mammoth plan to bolster the nation's infrastructure, Democrats are gambling they'll get a political boost from an accompanying proposal: the tax hikes designed to defray the massive costs.
April 7, 2021 Press Release
Washington, D.C. – This morning, U.S. Representative Lloyd Doggett (D-TX), a senior member of the Ways and Means Committee, released the following statement regarding the Treasury Department’s new report on the Made in America Tax Plan:
April 5, 2021 Press Release
Washington, D.C. – U.S. Representative Lloyd Doggett (D-TX), a senior member of the Ways and Means Committee, reacted to the draft plan from Senators Wyden, Warner, and Brown regarding taxing multinational corporations.
April 1, 2021 In The News
SAN ANTONIO – President Joe Biden unveiled his $2 trillion infrastructure plan on Wednesday, promising major investments in modernizing the nation’s transportation system. But the hefty price tag is also drawing some opposition.
March 31, 2021 In The News
President Joe Biden is using his infrastructure plan to take aim at President Donald Trump's signature economic achievement: his corporate tax cuts.
March 31, 2021 Press Release
Washington, D.C. – U.S. Representative Lloyd Doggett (D-TX) applauds President Biden’s American Jobs Plan—unveiled this afternoon—for its progress on investing in our infrastructure, building sustainable jobs, prioritizing climate action, and improving tax fairness. He is particularly pleased with the inclusion of key provisions of Rep. Doggett’s bill, the No Tax Breaks for Outsourcing Act.
March 31, 2021 In The News
Corporations have been approved to receive $14 billion in tax refunds from the Internal Revenue Service thanks to a hotly debated pandemic tax break, a government watchdog report has found.
March 16, 2021 In The News
On March 11 President Joseph Biden signed the American Rescue Plan Act of 2021 into law. The $1.9 trillion bill, introduce on Feb. 24, was voted largely along party lines (220-211 in the House, 50-49 in the Senate).
October 13, 2020 In The News
AUSTIN -- The Texas Workforce Commission on Tuesday voted to reinstate work search requirements for people who are receiving unemployment insurance benefits from the state.
July 24, 2020 In The News
The eyes of independent restaurant owners and passionate members of the dining public turned to Washington this week as Congress returned to session. One challenge facing lawmakers in the coming weeks: the future of independent restaurants.