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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

July 15, 2021 In The News
AUSTIN, Texas — On Thursday, local congressman Lloyd Doggett (D-Texas) held a press conference in hopes of raising awareness about the newly launched Child Tax Credit Monthly Payments.
July 15, 2021 Press Release
Washington, D.C. – Today, U.S. Representative Lloyd Doggett (D-TX) joined Foundation Communities, Councilwoman Vanessa Fuentes, and Austin parent and recent Texas State graduate Cristina Guajardo to mark the first day of Child Tax Credit (CTC) payments. They explained who can expect payments automatically and how much is coming—as well as how parents who do not normally file a tax return can ensure they do not miss out on these important payments and get free, bilingual help from Foundation Communities. The video of this press conference is available here. Rep. Doggett has published an FAQ webpage for families’ questions, available in both English and Spanish here.
July 15, 2021 In The News
By sunset, millions of parents across the country will find more money in their bank accounts and mailboxes than they started the day with.
June 25, 2021 Press Release
Washington, D.C. – Today, U.S. Representative Lloyd Doggett (D-TX), a senior member of the House Ways and Means Committee, joined by over 50 Members, and with leadership from U.S. Representatives Mike Kelly (R-PA) and Danny Davis (D-IL), introduced bipartisan legislation removing a major financial and logistical barrier to students securing higher education opportunities. The Tax Free Pell Grants Act expands the usage of Pell Grants on a tax-free basis, improves coordination with the American Opportunity Tax Credit (AOTC) and ensures students don’t lose out on any AOTC benefits. More than a decade ago, Rep. Doggett authored provisions that ensures that the AOTC allows a tax cut of up to $10,000 on education expenses, such as tuition, textbooks and fees.
June 2, 2021 In The News
President Joe Biden has allocated more than $2.3 million in his proposed budget to help fund San Antonio’s Westside Creeks Ecosystem Restoration Project.
May 28, 2021 In The News
442 days. That’s how long it’s been since an airborne virus shut down one of Austin’s favorite stages. On Thursday, a U.S. Congressman – of all people – welcomed us back.
May 27, 2021 In The News
AUSTIN (KXAN) — U.S. Rep. Lloyd Doggett joined the Austin music community Thursday night to officially reopen the Red River District.
May 27, 2021 In The News
AUSTIN, Texas — Live music venue Mohawk Austin, located at 912 Red River St., will reopen Thursday after being shut down during the COVID-19 pandemic.
May 27, 2021 In The News
AUSTIN, Texas - The Live Music Capital of the World went quiet when the COVID-19 pandemic hit. As the music scene has slowly started to come back to life over the past year, a few Austin venues have continued to keep their doors shut. "We were the first to close, and we're the last to reopen," said Jeannette Gregor, the first employee to be re-hired at Mohawk Austin and now the venue manager.
May 5, 2021 Press Release
WASHINGTON – U.S. Senators Dick Durbin (D-IL) and Jack Reed (D-RI), along with U.S. Representative Lloyd Doggett (D-TX-35), today announced the introduction of a bill to stop business practices known as inversions – corporate deals that allow U.S. companies to shift their corporate citizenship from the United States to a low-tax foreign jurisdiction, while keeping their executives and headquarters in the United States. This is accomplished by merging with a foreign company that can be as little as one-fifth of the size of the U.S. corporation and results in large and permanent tax breaks. Unlike other tax loopholes that can be closed on a year-to-year basis, a tax inversion is a permanent change in a corporation’s structure.