Jobs, Economy, and Small Business
“Economic security and opportunity are at the heart of my agenda in Congress. Whether it’s protecting access to health care, investing in local infrastructure, supporting our small business community, or improving our schools and universities, ensuring people in our district have the tools they need to live fulfilling lives is my highest priority.”
Congresswoman Underwood’s legislative agenda is centered on economic security and opportunity for the working families of the 14th District. She demonstrates this commitment by championing legislation to undo the damage done by the 2017 Republican tax law, specifically by allowing middle class taxpayers to avoid double taxation by deducting the amounts paid for state and local taxes (SALT) against their federal taxable income.
Congresswoman Underwood supports a broad approach to job creation and introduced legislation that would reduce health insurance premiums for people who purchase health care on their own, providing more people the flexibility to start their own businesses. She advocates for strategic investments in local transportation infrastructure, from highways to Metra commuter rail, to make the 14th a more convenient place to live and to stimulate job growth.
Congresswoman Underwood also champions legislation to increase federal funding for biomedical and scientific research, which supports Illinois’ Technology and Research Corridor and tens of thousands of high-paying 21st Century jobs in our communities.
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More on Jobs, Economy, and Small Business
WASHINGTON– Today, Congresswoman Lauren Underwood (IL-14) and U.S.
WASHINGTON— Today, Congresswoman Lauren Underwood (IL-14) announced that $1.5 million in federal investments for education, health care, and youth projects for the people of the 14th District of Illinois have advanced in the House of Representatives. This is the result of Rep. Underwood’s advocacy to fund local projects to improve early education and college readiness, help foster youth and their advocates in the Kendall County, and support adults with disabilities and people with mental health conditions and substance use disorders. Once approved by the House Appropriations Committee, the
WEST CHICAGO— Today, Congresswoman Lauren Underwood (IL-14) released the following statement on President Joe Biden’s visit to Illinois’ 14th District. During the visit, Underwood joined President Biden at McHenry County College to discuss the American Families Plan and what it means for Illinois families.
WEST CHICAGO– Today, Rep. Lauren Underwood (IL-14) announced that more help is here for Illinois businesses and jobs as the Small Business Administration’s Shuttered Venue Operators Grant (SVOG) program is accepting applications. Underwood helped secure additional funding for the program as part of the American Rescue Plan’s support for small businesses.
WASHINGTON—In a hearing with the House Agriculture Appropriations Subcommittee, Congresswoman Lauren Underwood (IL-14) advocated for programs to support nutrition assistance and improve maternal health.
WASHINGTON—Today, Representatives Lauren Underwood (IL-14) and Sean Casten (IL-06) introduced legislation to provide tax relief to Illinois families unfairly harmed by changes to the State and Local Tax (SALT) deduction. The Republican tax law enacted in 2017 disproportionately hurt northern Illinoisans by capping the SALT deduction at $10,000. The SALT Fairness for Working Families Act would help affected taxpayers by increasing the current SALT deduction cap, eliminating the marriage penalty, and adding an inflationary adjustment.
Underwood’s Health Care Affordability Act, included in the American Rescue Plan, will lower out-of-pocket health care costs for American families
WASHINGTON— Today, Representative Lauren Underwood (IL-14) supported the passage of the American Rescue Plan in the House of Representatives.
WASHINGTON— Representative Lauren Underwood’s (IL-14) legislation that would lower health care costs for American families passed the U.S. House of Representatives today. The Health Care Affordability Act would lower out-of-pocket health care premium costs by making premium tax credits for Health Insurance Marketplace plans more generous and available to more Americans.
WASHINGTON— This week, Congresswoman Lauren Underwood (IL-14) joined two bipartisan efforts calling for Congress to restore the tax deductibility of forgiven Paycheck Protection Program (PPP) loans for small businesses. Recent guidance from the IRS does not allow businesses to deduct expenses covered by a PPP loan from their federal taxes, violating congressional intent under the CARES Act and creating an undue burden on many of the nation’s small businesses.