Economy
More on Economy
East Hartford, CT – Today, Rep. John B. Larson (CT-01) released the following statement after Speaker McCarthy ‘pressed pause’ on bipartisan budget negotiations:
Washington, D.C. - Today, in the Ways and Means Committee, Rep. John B. Larson (CT-01) highlighted the jobs and progress for America’s green energy future created by the Inflation Reduction Act Democrats passed last year.
Washington, D.C. – Today, on Tax Day, Reps. John B. Larson (CT-01) and Ron Estes (KS-04), joined by Reps. Darin LaHood (IL-16), Suzan DelBene (WA-01), Jodey Arrington (TX-19), and Jimmy Panetta (CA-19), among 66 original cosponsors, reintroduced their American Innovation and R&D Competitiveness Act. The bill permanently allows for immediate research and development expensing looking back to 2022 when the provision expired and has received broad bipartisan support.
Hartford, CT – Reps. John B. Larson (CT-01) and Rosa DeLauro (CT-03), and U.S. Senators Richard Blumenthal and Chris Murphy today joined U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Rep.
East Hartford, CT – The American tradition of public service to others has long been a pillar of U.S. citizenship. When President John F. Kennedy delivered his inaugural address on January 20, 1961, he famously challenged his fellow Americans: "Ask not what your country can do for you: Ask what you can do for your country."
East Hartford, CT – Today, Rep. John B. Larson (CT-01) released the following statement after the Silicon Valley Bank failure. Under the Trump Administration, Rep. Larson voted against a Republican-led provision that weakened the 2010 Dodd-Frank Act’s regulations of small and mid-sized banks.
Today, Congress passed the Bulk Infant Formula to Retail Shelves Act (H.R. 8982), bipartisan legislation that would boost domestic baby formula production and get more product on shelves amid the continued shortage across the United States. The House unanimously approved the legislation by voice vote this afternoon. Earlier in the day, the bill passed the Senate unanimously. It now goes to President Biden for his signature.
Hartford, CT – Today, Rep. John B. Larson (CT-01) released the following statement after President Biden announced $10,000 in student debt relief for borrowers making under $125,000 and an additional $10,000 for Pell Grant recipients.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the Inflation Reduction Act, landmark legislation to lower costs for families, create millions of good-paying jobs, deliver the most significant action on climate in history, and dramatically reduce the deficit. The bill now heads to President Biden’s desk to be signed into law.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the CHIPS and Science Act, a bipartisan investment in American semiconductor components to end the chip shortage, lower costs for families, and create hundreds of thousands of union jobs. This bill is now headed to President Biden’s desk to be signed into law.


