Economy & Jobs
I am primarily focused on job creation and economic growth. As Connecticut’s Attorney General, I successfully fought to prevent the hostile takeover of New Britain-based Stanley Works, and kept the company in Connecticut. In the Senate, my top priorities include pushing for sound federal policy that helps businesses create and retain good-paying jobs in Connecticut and the United States, and reversing the trend of outsourcing jobs and businesses abroad.
I’m committed to making sure Connecticut businesses have the tools they need to succeed. My Manufacturing Reinvestment Accounts Act would give a much-needed targeted tax break to small business owners in Connecticut – many of whom want to hire new employees, but may be waiting for the economy to fully recover to do so.
I believe that Congress has a key role to play in encouraging economic growth and job creation. Investments in infrastructure, education, and research and development are a key part of that effort, and I strongly oppose harmful sequestration cuts that are gutting these programs. Congress must take common sense steps to rein in our deficits, like closing tax loopholes that allow large corporations to avoid paying their fair share. I led the effort to end taxpayer subsidies for multimillion-dollar corporate bonuses and I fought to end wasteful giveaways to oil and gas companies—we redirected that money to support the development of clean, renewable sources of energy. Smart, targeted spending cuts like these will reduce the amount of revenue the government must collect in order to operate.