Economy

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WASHINGTON D.C. — Today, Congressman Steven Horsford and the House Budget Committee completed the markup of President Biden's American Rescue Plan. With the closing of the markup, Congressman Horsford released the following statement:
WASHINGTON, D.C. — Today, Congressman Steven Horsford announced that Nevada is estimated to receive more than $1.5 billion in funding for child care and education across the state through the American Rescue Plan.
A $1.9 trillion coronavirus relief and economic stimulus bill proposed by President Joe Biden could more than triple federal aid to Nevada because of changes in funding formulas and money added for economic development in tourism-reliant cities, Rep. Dina Titus said.
The Biden bill includes more federal funds for states and cities than the CARES Act did last year, but changes in the formula to divvy up that spending — to include unemployment rates — could mean a bigger slice of the pie for Nevada, which has one of the highest jobless rates in the nation.
WASHINGTON, D.C. — Today, Congressman Steven Horsford and the House Ways and Means Committee completed the markup of key provisions in President Biden's American Rescue Act. With the closing of the markup, Congressman Horsford released the following statement:
WASHINGTON, D.C. — Today, Congressman Steven Horsford delivered opening remarks on federal unemployment insurance during the House Ways & Means Committee markup of President Biden's American Rescue Plan.
WASHINGTON, D.C. — On Tuesday night, the House Oversight and Reform Committee released allocation estimates showing that Nevada would receive nearly $4 billion in direct COVID-19 relief state and local funds from President Biden's American Rescue Plan. In response, Congressman Steven Horsford released the following statement:
WASHINGTON D.C. – Today, Congressman Steven Horsford joined Representatives Rosa DeLauro (CT-03), Suzan DelBene (WA-01), and Ritchie Torres (NY-15), to reintroduce the American Family Act (AFA), legislation to permanently expand and improve the Child Tax Credit (CTC) and make it a dramatically more effective tool for reducing child poverty and supporting families with kids. The American Rescue Plan includes one year of an expanded and improved CTC modeled after the American Family Act.
WASHINGTON, D.C. — Today, Congressman Steven Horsford introduced the Unemployed Worker Lifeline Act. This legislation would increase the federal supplemental unemployment insurance payment from $300 to $400 for weeks after March 14 and extend the $400 weekly supplemental payment to be paid on top of all types of unemployment insurance payments through October 3, 2021.
WASHINGTON, D.C. — Congressman Steven Horsford has joined Chairman of the House Ways and Means Subcommittee on Select Revenue Measures Rep. Mike Thompson (CA-05) to introduce the Growing Renewable Energy and Efficiency Now Act (GREEN Act) which would tackle the climate crisis through the tax code. The GREEN Act includes Congressman Horsford's provision to incentivize the production of Dynamic Glass, a specialized glass product that saves energy by providing control over the amount of light and heat entering a building.
WASHINGTON, D.C. — Today, Congressman Steven Horsford voted to pass the bipartisan National Apprenticeship Act of 2021. The legislation would create nearly one million apprenticeship opportunities and includes an amendment from Congressman Horsford to support the recruitment and retention of nontraditional apprenticeship students, including women and people of color.
