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Oct 09 2013

Klobuchar Releases New Report Examining Economic Fallout of Government Shutdown

Shutdown threatens recovering housing market, tourism sector, small business lending, and agriculture; Stokes fresh uncertainty surrounding debt ceiling negotiations

WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released a report analyzing the economic fallout of the federal government shutdown that began on October 1st. Klobuchar’s report shows that the shutdown has created significant economic headwinds for the U.S. economy, threatening the recovering housing market, the tourism sector, small business lending and agriculture while generating more uncertainty regarding the ongoing debt ceiling debate.

Sep 26 2013

With Current Farm Bill Expiring Tuesday, Klobuchar Releases New Report Showing U.S. Agricultural Exports Play Key Role in U.S. Economy

Klobuchar calls on the House to work with the Senate to pass a long-term bill to ensure this growth continues

WASHINGTON, D.C. – With the current Farm Bill expiring on Tuesday, October 1st, U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released a report analyzing the increasingly important role of agricultural exports in the U.S. economy.

Sep 18 2013

Klobuchar Releases Report, Holds Hearing Examining Economic Impact of Debt Ceiling Brinksmanship

Report shows delay in raising the debt ceiling could cause consumer confidence to plummet and interest rates to rise on everything from credit cards and home mortgages to borrowing costs for businesses

WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released a report analyzing the economic consequences of brinksmanship over the debt ceiling. Drawing on events from the 2011 debt ceiling impasse, the report suggests that the mere prospect of a default has the potential to roil global markets and cause interest rates to rise on everything from home mortgages and credit cards to borrowing costs for businesses.
WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ August 2013 jobs report showing that 169,000 total nonfarm jobs were added and the unemployment rate ticked down from 7.4% to 7.3%:
WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ July 2013 jobs report showing that 162,000 total nonfarm jobs were added and the unemployment rate dropped from 7.6% to 7.4%:

Jul 24 2013

Klobuchar Holds JEC Hearing on Addressing America’s Infrastructure Challenges

Hearing explored innovative policy solutions for boosting the economy by rebuilding America’s aging infrastructure

WASHINGTON, D.C. - U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee, today held a hearing on addressing America’s infrastructure challenges.

Jul 10 2013

Klobuchar Holds Hearing on Veterans’ Employment

Hearing examined current veterans’ employment trends and ways to encourage more private sector companies to hire veterans

WASHINGTON, D.C. - U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee, today held a JEC hearing on building job opportunities for veterans. The hearing explored current employment trends for U.S. veterans and strategies for helping more returning service members find good jobs in the private sector workforce.
WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ June 2013 jobs report showing that 195,000 total nonfarm jobs were added and the unemployment rate remained at 7.6 percent:

Jun 26 2013

Klobuchar: We Must Cut Red Tape to Boost Our Economy

In Joint Economic Committee hearing examining impact of federal regulations, Klobuchar calls for a commonsense approach that protects consumers and the public interest without stifling innovation and economic growth

WASHINGTON, D.C. - U.S. Senator Amy Klobuchar, Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today called for a commonsense approach to regulations that protects consumers and the public interest without stifling innovation and economic growth.
Washington, DC –U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today made the following statement after the Congressional Budget Office (CBO) released its cost estimate for the comprehensive immigration reform legislation currently being debated in the U.S. Senate. The CBO estimates the bill will result in $197 billion in deficit reduction through 2023: