A truly prosperous American economy is one that is diversified, driven by innovation, and works for all people. I believe that to achieve this across the country, we must embrace technology and use it as a vehicle to put people to work. I support advanced American manufacturing as well as a nationwide investment in high-tech apprenticeships and worker training programs.
Empowering a strong middle class will require an economy that benefits everyone, not just those at the top. And this starts by making good, technology-based jobs available and accessible across America. Enrico Moretti, a Berkeley economist, found that for every tech job, five other new jobs are created. This multiplier effect creates important service jobs such as baristas, doctors, lawyers, and dry cleaners, among many others.
I believe that working families are the backbone of this country, and that’s why I have made lifting them up a central part of my agenda. I am introducing a more than $1 trillion expansion of the earned income tax credit (EITC) that would provide a much-needed boost to American families to make up for wages lost to inflation over the past four decades.
I also support paid family leave, training programs for mid-career workers, and increasing the hourly minimum wage to $15. It is vital that we fight for working families, because they are the incubator of the American dream.
Consumer protection laws are Americans’ first lines of defense against unethical companies. These laws hold big corporations accountable and prevent harm to consumers. I support legislation that protects consumers and will oppose any bill to defund the Consumer Financial Protection Bureau.
Data breaches of major credit reporting bureaus demonstrate we need stronger laws to prevent situations like this from happening again. When you apply for a mortgage, credit card, auto loan, or almost anything having to do with credit, a company will check your credit report provided by the three private credit reporting companies.
What you can do to protect yourself
If you have a credit report, it is likely that your personal information was compromised by the Equifax data breach. Please take the time to go through the resources below and take the steps required to keep your identity safe.
- The Equifax Data Breach: What To Do (Federal Trade Commission)
- Identity Theft Protection Guide (Consumer Financial Protection Bureau)
- Top 10 ways to protect yourself in the wake of the Equifax data breach (CFPB)
- For Servicemembers: How to protect your identity (CFPB)
- Equifax isn’t calling (FTC)
What I am doing to protect you
In the wake of this disastrous breach of data and trust, I have signed onto the following bills that will help Americans respond to the Equifax hack now and protect your financial future.
- Credit Information Protection Act – Requires any credit reporting agency that suffers a data breach to allow consumers to initiate a security freeze on their information free of charge.
- Cyber VICTIM Act – Directs the President of the United States to designate a federal official as the Interagency Cyber Victim Response Coordinator.
- Personal Data Notification and Protection Act – Requires that companies and the FTC work together to notify affected individuals within 30 days of the discovery of a breach of sensitive personal information.
Click here to learn more about the bills that I introduced and cosponsored.
Read my op-ed in the Sacramento Bee on making the economy fairer for working families.
Read my op-ed in the Washington Post on how to improve U.S. manufacturing.
More on Economy
Washington, DC – Rep. Ro Khanna, a member of the House Budget Committee, issued the following statement after the Office of Management and Budget (OMB) today released President Trump’s budget request for fiscal year 2019.
QUEENS, NY – Today, House Democratic Caucus Chairman Joe Crowley (D-NY) hosted Rep. Ro Khanna (D-CA), a leading progressive voice in Congress, in Queens and the Bronx. The congressmen spent the day visiting a range of local organizations, community leaders, and everyday New Yorkers.
Despite a rivalry between New York City and California in the world of technology, Reps. Ro Khanna (D-Calif.) and Joseph Crowley (D-Queens/Bronx) have joined forces to share best practices for expanding high-tech sectors.
Last October, Google launched Grow with Google, a $1 billion nonprofit partnership program that aims to bring about professional opportunities for Americans in the digital economy.
Congresswoman Barbara Lee and Congressman Ro Khanna recently introduced the Marijuana Justice Act, the companion bill for Senator Cory Booker’s S. 1689. The Marijuana Justice Act would reform unjust federal marijuana laws and empower communities of color that have been disproportionately impacted by the failed drug war.
If polling is correct, pot no longer gives Americans fits. Recent Gallup polls indicate that 64 percent of Americans approve of legalizing marijuana — the highest level of public support in almost 50 years. Nevertheless, we have an administration that is tone deaf to the will of the people and insists on reinstituting failed policies of decades past.
Shortly after Amazon — a company worth more than $500 billion — announced last year it would be building a second headquarters, dubbed HQ2, it was deluged with hundreds of bids by municipalities and state governments offering all sorts of taxpayer giveaways to reel the company in.
The bidding war served as a sort of absurd reality show, as cities competed to win the affection of Amazon tycoon Jeff Bezos. Only instead of a “Bachelor”-esque rose ceremony, Amazon in mid-January released a shortlist of 20 cities and regions among which it will now pick one to establish HQ2.
Yesterday, Representatives Barbara Lee and Ro Khanna introduced a house bill aimed to reform federal cannabis laws and foster healing in communities that prohibition has hurt most.
Introduced in the Senate last August by New Jersey Senator Cory Booker, the 'Marijuana Justice Act of 2017' seeks to remove cannabis from the U.S.' illegal and restricted drug 'schedule,' and to address the destructive impacts that cannabis prohibition continues to have on both individuals and their government.
The war on the war on weed has officially begun.
Two weeks ago, Attorney General Jeff Sessions rolled back protections for states that legalized the cultivation and sale of marijuana. Now, politicians in pro-pot states are pushing back. On Wednesday, attorneys general from 19 states wrote a letter to Congress seeking expanded authority to allow marijuana businesses to store their money in federally regulated banks.
A group of House Democrats on Wednesday introduced a bill to legalize marijuana at the federal level and expunge federal convictions for marijuana use or possession.
The bill, introduced by Reps. Barbara Lee and Ro Khanna of California and sponsored by 12 House Democrats, is a companion to Sen. Cory Booker's Marijuana Justice Act, introduced in the Senate last year.
Congresswoman Marcy Kaptur is a Democrat who represents the ninth district of Ohio. Congressman Ro Khanna is a Democrat who represents the 17th district of California, better known as Silicon Valley. Cheddar sat the two members down to discuss innovation in America. How does Silicon Valley branch out to and revive middle America?