Economy and Jobs
“As a member of the House Ways and Means Committee, I am working to cut taxes, bolster our trade agreements, and advance pro-growth policies. I will always advocate for legislation that supports workers, families, farms, and small businesses across West Tennessee.” – Congressman David Kustoff
More on Economy and Jobs
WASHINGTON, D.C. — Today, Congressman David Kustoff (TN-08) announced he will serve on the House Committee on Ways and Means. Congressman Kustoff previously served on the House Financial Services Committee. The Ways and Means Committee is the oldest committee in the United States Congress and has jurisdiction over issues that affect West Tennesseans every day including taxes, healthcare, trade, and family support programs.
WASHINGTON, DC— Today, Reps. David Kustoff (TN-08) and French Hill (AR-02) introduced the CDBG Modernization Act. This bill, the CDBG Modernization Act, will establish a new formula for calculating the U.S. Department of Housing and Urban Development's (HUD's) Community Development Block Grant (CDBG) funding for cities and counties. Since its last update in 1978, the program's ability to effectively allocate funds for activities such as economic development, community support, housing, and infrastructure has diminished.
BROWNSVILLE, TN— Today, Congressman David Kustoff hosted a panel discussion with West Tennessee community leaders to discuss opportunities for the region alongside the development of Ford's Blue Oval City. Blue Oval City will be Ford's largest, most innovative, and most efficient automobile manufacturing facility in the country, as well as the single largest investment in the State of Tennessee's history.
WASHINGTON, DC—Today,Congressman David Kustoff (TN-08) joined Congressman Billy Long (MO-07) to introduce H.R. 7112, the Internet Exchange (IX) Act. This bill aims to strengthen internet access in rural areas by promoting more Internet Exchanges across the country.
WASHINGTON, DC—Representative David Kustoff (TN-08) introduced the Small Business Taxpayer Bill of Rights Act of 2022 (H.R. 7033). This bill strengthens taxpayer protections, prohibits improper IRS targeting of taxpayers, compensates taxpayers for IRS abuse, and lowers the compliance burden on taxpayers.
WASHINGTON, DC—Today, Representative David Kustoff (TN-08) joined the entire Tennessee delegation in sending a letter to President Joe Biden urging him to quickly approve Governor Bill Lee's request for a major disaster declaration for the State of Tennessee in the wake of the severe winter storms that occurred in West Tennessee from February 3-4, 2022. Governor Lee is specifically requesting Public Assistance for seven counties: Crockett, Fayette, Haywood, Lauderdale, Shelby, Tipton, and Weakley.
Washington, D.C. – Today, U.S. Congressman David Kustoff (TN-08), issued the following statement following the announcement that Sinova Global will invest $150 million to establish its first manufacturing operations in Tiptonville, Tennessee. This investment will establish a new state of the art silicon metal refining plant in Lake County and will create 140 new jobs.
Washington, D.C. – Today, U.S. Rep. David Kustoff (TN-08) voted against the Democrats' massive tax-and-spend reconciliation package, also known as the Build Back Better Act (H.R. 5376). This bill includes a job-killing minimum 15% corporate tax rate making the U.S. less competitive around the world, grants mass amnesty to illegal immigrants, and significantly expands the IRS.
Washington, D.C. – Today, U.S. Reps. David Kustoff (R-TN) and Ed Perlmutter (D-CO) introduced bipartisan legislation to modernize the real estate appraisal licensing system. The Portal for Appraisal Licensing Act establishes a nationwide licensing system for real estate appraisers that will improve the appraisal regulatory structure, reduce cost, and eliminate red tape.
WASHINGTON, DC—Today, Congressman David Kustoff (TN-08) commended Governor Bill Lee's effort following Ford Motor Company's announcement that they have selected the Memphis Regional Megasite for one of the largest battery and vehicle manufacturing campuses in the United States. Ford and SK Innovation will invest $5.6 billion to build a 3,600-acre mega campus called Blue Oval City on the Memphis Regional Megasite, where production of next generation all-electric F-Series trucks will begin in 2025.