Jobs and Economy

Senator Smith is committed to fighting for more jobs and building a stronger economy, one that works for everyone so businesses grow and workers get better jobs with better pay, and so we can invest in infrastructure and manufacturing. Sen. Smith wants to address college affordability and expand career and workforce training for young people who don’t go to a four-year college.

Despite the fact that the economy is rebounding, too many Minnesota families struggle to make ends meet, face a job loss, or grapple with a shrinking pay check. Sen. Smith believes that in order to build an economy that works for everyone, we need a fairer tax code that supports working families, not just the wealthiest of Americans. We need paid family and medical leave for workers so that parents can stay home to take care of a newborn or a sick a family member without losing a paycheck. We need to pass the Paycheck Fairness Act to close the pay gap between men and women. We need fair trade policies that help Minnesota workers, businesses, and farmers get ahead, and we need to crack down on foreign countries that break international trade rules and put American workers out of jobs. We need to hold Wall Street accountable and make sure they don’t cause another economic collapse. We need to invest in small businesses and support entrepreneurs. And we need to help foster the next generation of Minnesota innovators by investing in research and development.

As a member of the Senate Health, Education, Labor and Pensions (HELP) Committee, Sen. Smith will build on Minnesota’s proud history of invention and creativity by supporting our classrooms, students, and our workforce. And, as a member of the Senate Banking, Housing, and Urban Affairs Committee, Sen. Smith will be standing up for consumers, working to ensure fair access to financial services for all Americans, and working to improve the availability of safe, decent, and affordable housing.

Latest Releases

Senators Klobuchar, Smith Introduce Legislation to Simplify Tax Filing Process

Washington D.C. –  U.S. Senators Amy Klobuchar (D-Minn.) and Tina Smith (D-Minn.) joined 21 of their colleagues in introducing legislation to simplify the tax filing process for millions of Americans, saving them countless hours and hundreds of dollars. In addition to lowering costs and eliminating red tape for all taxpayers, simplified filing tools would ensure that more eligible people – including millions of low-income Americans – receive important tax refunds, like the Child Tax Credit and Earned Income Tax Credit. According to recent polling, 77% of Americans support this legislation. The Tax Filing Simplification Act is led by Senator Elizabeth Warren (D-Mass.), with Representatives Katie Porter (D-Calif.) and Brad Sherman (D-Calif.) introducing the House companion. “Far too many Americans struggle with an expensive, complicated, and time-consuming process just to file their taxes,” said Senator Amy Klobuchar. “This common sense legislation will make it easier for Americans to file their taxes while lowering their costs.” “Our tax filing system is a mess. The only people who think it’s working are the private software companies that make millions taking advantage of its complexity,” said Senator Tina Smith. “This legislation will make our system more simple, secure and affordable by directing the IRS to develop a free, online filing service and making existing tax information more readily available for taxpayers.” “Filing taxes can be stressful and time-consuming for everyone, and for millions of families it stands between them and vital tax credits that can help them pay the bills and save for the

Following Klobuchar and Smith Call, Biden Administration Approves Minnesota Request for Disaster Declaration

WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that the Biden administration has approved Minnesota’s request for a Major Disaster Declaration. Last month, Klobuchar and Smith led the entire Minnesota Congressional delegation in urging President Biden to approve Minnesota’s request, highlighting the need for federal assistance to help Minnesota communities recover from storms and historic flooding. “We’ve seen the impact of these storms and flooding in homes, businesses, and on our roads,” said Klobuchar. “I’m glad that the administration heeded my call to provide this federal disaster relief funding, which will be critical to helping communities across our state get the assistance they need.”  “Climate-fueled extreme weather has impacted every corner of our state,” said Smith. “In the face of historic flooding, Minnesotans showed their resilience and generosity. When flood waters rose and homes were damaged, volunteers and neighbors were quick to fill sandbags, clean up debris, and lend a hand to those in need. But impacted communities need substantive and timely federal assistance to speed up the recovery effort. I’m proud of our efforts to secure this support, which will go a long way towards helping communities rebuild.” Klobuchar and Smith have been actively working to secure resources for communities throughout the state that have been impacted by the recent flooding damage and the cold, wet spring weather. In June, they surveyed flooding and storm damage in International Falls with Governor Tim Walz (D-MN) and representatives from the Minnesota National Guard and Minnesota Department of

Sen. Smith, Senate Colleagues Call on Regulators to Focus on Lending to Main Street

WASHINGTON, D.C. [03/31/22]— U.S. Sen. Tina Smith (D-MN) joined her colleagues in a letter to the Federal Reserve Board, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office of the Comptroller of the Currency, urging them to work with banks and credit unions to ensure small businesses have access to safe and sound credit as Main Street recovers from COVID-19. “Recent research by the Federal Reserve System found that less than one-third of small businesses that applied for traditional financing in 2021 received all the funding they sought compared to recent years,” wrote the lawmakers. “…Banks are choosing to lend to bigger firms, and

U.S. Senator Tina Smith Announces $400,000 in Federal Funding Ensuring 100 Jobs for East Central Minnesota

WASHINGTON, D.C. [03/24/22]—U.S. Senator Tina Smith (D-Minn.) announced $400,000 in federal funding for the East Central Regional Development Commission (ECRDC). These funds were made available by the ‘Revolving Loan Fund’ provided by the American Rescue Plan (ARP) Act, which Senator Smith helped pass last year. “The American Rescue Plan Act continues to make significant impacts for small businesses and entrepreneurs across Minnesota,” said Sen. Smith. “The last two years have been incredibly challenging but our economy is recovering. This fund will create 50 new jobs and save 50 existing jobs – ensuring 100 people will continue to be able to

U.S. Sens. Tina Smith Secures Significant Federal Funding to Build Rapid Transit Line in Minneapolis

WASHINGTON – U.S. Senator Tina Smith (D-Minn.) announced that she has secured $5 million in federal funding to help build the E Line Bus Rapid Transit Line. “This project will help expand the transit system in Minneapolis with another fast, affordable way to get around the city,” said Senator Smith. “Transit projects like this one are a win for the local economy, help reduce traffic congestion, and are good for the environment. I’m proud of our work to secure these resources and directly improve the lives of Minnesotans.” The E Line Bus Rapid Transit Line will provide fast and reliable

Klobuchar, Smith, Stauber Secure Significant Federal Funding for Broadband Expansion in Pine County

WASHINGTON – U.S. Senator Amy Klobuchar (D-MN), co-chair of the bipartisan Senate Broadband Caucus; Senator Tina Smith (D-MN); and Representative Pete Stauber (R-MN) announced that they have secured significant federal funding to expand broadband access in Pine County. “This federal funding will support Pine County’s broadband initiatives, enabling people from all parts of the county to access critical work, school, and business opportunities online,” said Klobuchar. “I am proud to have worked with local leaders to secure these resources, and I look forward to continuing to partner with those in the community to address broadband infrastructure needs.” “As I have