Travis Childers on The Economy

Last Updated : Sep 02, 2010

Official Website Statements

 

Campaign Website Statements

JOB CREATION & ECONOMIC DEVELOPMENT – Travis Childers knows what it's like to struggle. His number one priority as Congressman is, and will continue to be, jumpstarting our economy and making sure every North Mississippian who wants to work has a job. Travis has fought for major investments in our schools and infrastructure to save jobs and create new ones, and has fought to end tax breaks for companies that ship jobs overseas. As a small businessman himself, Travis knows how important small businesses are to job creation and economic development. That's why he's consistently worked to encourage investment in small businesses and provide small business tax credits and loans. The U.S. Chamber of Commerce recently recognized Travis's pro-business record by honoring him with the Spirit of Enterprise Award.

Voting Record

Small Business Jobs Tax Relief Act of 2010

In June of 2010 the House voted to pass the Small Business Jobs Tax Relief Act of 2010. The act passed 247-170. Travis Childers voted in favor of the Small Business Jobs Tax Relief Act of 2010

Travis Childers voted in favor of the Small Business Jobs Tax Relief Act of 2010

Wall Street Reform and Consumer Protection Act of 2009

In June of 2010, the House voted on the Wall Street Reform and Consumer Protection Act of 2009. The act failed to pass in a . Travis Childers voted in favor of the Wall Street Reform and Consumer Protection Act of 2009.

Travis Childers voted in favor of the Wall Street Reform and Consumer Protection Act of 2009.

TARP Bonuses

In March of 2010, the House voted on legislation to impose an additional tax on bonuses received from certain TARP recipients, and for other purposes. The legislation passed the House 276-145. Travis Childers voted in favor of the legislation to tax bonuses to TARP recepients.

Travis Childers voted in favor of the legislation to tax bonuses to TARP recepients.

Small Business and Infrastructure Jobs Tax Act of 2010

In March of 2010 the House voted to pass the Small Business and Infrastructure Jobs Tax Act of 2010 246-178. Travis Childers voted in favor of passing the Small Business and Infrastructure Jobs Tax Act of 2010.

Travis Childers voted in favor of passing the Small Business and Infrastructure Jobs Tax Act of 2010.

Wall Street Reform

In late 2009, the House passed the Wall Street Reform and Consumer Protection Act of 2009. The legislation consolidated many financial regulatory agencies, increased transparency in the derivatives market, regulation of credit rating agencies, and a "resolution regime" to resolve insolvent banks. Travis Childers voted in favor of the Wall Street Reform Legislation.

Travis Childers voted in favor of the Wall Street Reform Legislation.

The Stimulus

After the Senate passed the Stimulus package, the House voted on a passage of a conference bill to join the House and Senate versions. Travis Childers voted in favor of the unified version of the Stimulus bill.

Travis Childers voted in favor of the unified version of the Stimulus bill.

The Stimulus

The Stimulus bill (The American Recovery and Reinvestment Act of 2009) passed through the House on January 28, just days after President Obama\'s inauguration. The bill got no support from Republicans and 11 Democrats voted against it as well. Travis Childers voted in favor of the Stimulus when it passed the House.

Travis Childers voted in favor of the Stimulus when it passed the House.

Helping Families Save Their Homes Act of 2009

The Helping Families Save Their Homes Act of 2009 was a program designed to assist those who may be able to remain in their home with a modest amount of government assistance. The bill got wide bi-partisan support in the House and passed 367-54. Travis Childers voted in favor of the Helping Families Save Their Homes Act of 2009.

Travis Childers voted in favor of the Helping Families Save Their Homes Act of 2009.

Auto Industry Financing and Restructuring Act

In December of 2008 the US House voted to pass the Auto Industry Financing and Restructuring Act. The act provided a loan to GM through TARP funds and set up a plan to allow the company to receive more if they demonstrated a path back to viability. The act failed to pass the Senate, but was used as a guideline for the GM bailout for the Obama administration. Travis Childers voted against the Auto Industry Financing and Restructuring Act.

Travis Childers voted against the Auto Industry Financing and Restructuring Act.

Troubled Asset Relief Program (TARP)

The TARP program was designed to prevent the failure of large banks by purchasing their "troubled assets" and allowing them to move them off their records as liabilities. The vote on the legislation passed 263-171 Travis Childers voted against the TARP Program.

Travis Childers voted against the TARP Program.

 

Sponsored and Cosponsored Legislation

Session-111; Bill Number-H R 5141; Small Business Paperwork Mandate Elimination Act - Cosponsor

Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more.

Session-111; Bill Number-H R 4302; Small Business Job Creation and Access to Capital Act of 2009 - Cosponsor

Amends the Small Business Act to increase maximum amounts of loans under the following Small Business Administration (SBA) loan programs: (1) the section 7(a) (general small business loans) guaranteed loan program; (2) the section 504 (state and local development company) program; and (3) the Microloan (small-scale loans to start-up, newly-established, and growing small businesses) program.

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