Senator Jerry Moran (R-Kan.) spoke on the U.S. Senate Floor this past week about unemployment and the best way to address its root cause by growing the economy and creating jobs. Sen. Moran believes Congress and the President have failed at carrying out one of their primary responsibilities: creating an environment where Americans can find work and can pursue the American Dream.
Sen. Moran has authored several bipartisan bills that would improve the opportunity gap. One of those bills is Startup Act 3.0, bipartisan legislation that would grow the economy by creating an environment where anyone with a good idea has the opportunity for success. Startup Act 3.0 addresses four key factors that contribute to entrepreneurial success: talent, taxes, regulation and innovation. Since 1980, nearly all of the net new jobs in our country have been created by companies less than five-years-old.
Sen. Moran offered Startup Act 3.0 as an amendment to the unemployment insurance extension bill. Unfortunately, Senate Democrats are blocking an open amendment process that would allow Senators to propose legislation.
“We are failing to address the underlying and important root cause of that unemployment; that is, how do we as Americans grow our economy and create jobs for the citizens of our country? A growing economy creates new opportunities for Americans to find meaningful work. With meaningful work comes the opportunity for Americans to improve their economic security and advance up the economic ladder,” said Moran.
Sen. Moran is a founding member and co-chair of the first-ever bipartisan Senate Economic Mobility Caucus. The goal of the Caucus is to provide Members of Congress, their staff and other interested parties, with an opportunity to learn more about the drivers of economic opportunity and upward mobility, which form the foundation of the American Dream.