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

U.S. Senators Klobuchar, Smith Announce Federal Disaster Loans for Minnesotans Affected by Drought

Washington [10/16/23] — Today, U.S. Senators Amy Klobuchar and Tina Smith (both D-Minn.) announced federal loans designed to help small businesses, agricultural cooperatives, and nonprofit organizations in Minnesota recoup losses as a result of this summer’s drought.   These federal Economic Injury Disaster Loans (EIDLs) are available in Murray and Nobles counties and the contiguous counties of Cottonwood, Jackson, Lyon, Pipestone, Redwood, and Rock Minnesota. “This summer’s drought affected everyone from farmers and ranchers to local business owners,” said Klobuchar. “These federal loans will provide relief and ensure farms and businesses get the support they need as they continue to recover. I encourage everyone eligible to get in touch with the Small Business Administration to learn more and apply.” “Climate-fueled extreme weather events, like the drought we experienced in Minnesota this summer, are becoming more and more common. We need to be doing everything we can to support those impacted and limit the economic toll they take,” said Sen. Smith. “These federal loans will help sustain local businesses and farms as they deal with the fallout from the drought. I encourage eligible businesses, farms and nonprofits to contact the Small Business Administration and apply before the May 29th deadline.” The Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. EIDLs are available through the Small Business Administration (SBA), and can be used to pay fixed debts, payroll, and other bills that could have been paid if

Klobuchar, Smith, Budd Introduce Bipartisan Legislation to Support Volunteer Drivers

WASHINGTON – U.S. Senators Amy Klobuchar (D-MN), Tina Smith (D-MN), and Tedd Budd (R-NC) introduced the bipartisan Volunteer Driver Tax Appreciation Act to support volunteer drivers. Each year, volunteer drivers provide millions of rides for seniors and other non-drivers through churches, community organizations, and nonprofits, giving them access to health care, meals, and other essential services. This legislation would lower the financial burden that those volunteer drivers face by increasing the charitable mileage tax deduction rate for drivers from $0.14 to $0.655 per mile.  “Volunteer drivers are vital to rural communities across our state, helping seniors, people with disabilities, veterans, and others access necessities like meals and health care,” said Klobuchar. “By increasing the charitable mileage tax deduction rate, this legislation will help reduce the financial burden on volunteer drivers and ensure they can continue to serve their communities.”  “Minnesota’s volunteer drivers are critical to communities across our state, helping provide access to food, medication, and transport to seniors, veterans, and people with disabilities,” said Smith. “This legislation would increase the charitable mileage tax reimbursement rate and lower the financial burden for these volunteers. By more fairly compensating them for their services, we can ensure volunteers are able to continue helping the people who rely on them.” “Volunteer drivers provide critical services to predominantly rural areas of our country. Seniors, veterans, and disabled citizens are able to access food and healthcare through the charitable work of others. Increasing the charitable mileage reimbursement rate will make it easier for volunteer drivers

Klobuchar, Smith Secure Significant Federal Funding to Expand High-Speed Internet Access in Rural Minnesota

WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that they have secured significant federal funding to expand access to high-speed broadband in rural Minnesota communities. This investment, provided through the U.S Department of Agriculture (USDA)’s ReConnect program, will help connect over 6,000 people, 150 businesses, and 680 farms across Freeborn, Morrison, Stearns, Houston, and Todd counties. The American Rescue Plan, which Klobuchar and Smith supported and was signed into law last year, delivered significant supplemental funding for the ReConnect program. This affordable broadband will be deployed by Winnebago Cooperative Telephone Association in Freeborn County, Upsala Cooperative Telephone

U.S. Senator Tina Smith Statement on Today’s Inflation Reduction Act Celebration

WASHINGTON, D.C. [09/13/22] — Today, U.S. Senator Tina Smith (D-Minn.) released the following statement marking today’s celebration of the historic Inflation Reduction Act: “Today we are celebrating a historic bill that is already meeting the moment. In the month since Senate Democrats – without the help of a single Republican – passed the Inflation Reduction Act, the landmark legislation has created new investments, new jobs, and new opportunities for Americans. “It will reduce costs for American families by lowering prescription drug prices and making health care more affordable. It will unleash a new generation of American manufacturing that will help us

Klobuchar, Smith Secure Significant Federal Funding to Strengthen Public Transit in Twin Cities Suburbs

MINNEAPOLIS – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that the Federal Transit Administration (FTA) has awarded $8.1 million in federal funding to strengthen public transit in the southwestern Twin Cities suburbs. Specifically, these resources will enable SouthWest Transit, which connects Chaska, Chanhassan, Eden Prairie and Edina to Minneapolis, to upgrade its bus fleet to include more energy-efficient, low-emission vehicles and bolster its bus facility infrastructure.  “Investments in public transit help reduce traffic and make it easier for Minnesotans to get to school, work, and other destinations,” said Klobuchar. “This federal funding will help SouthWest Transit modernize

Klobuchar, Smith Secure Significant Federal Funding to Strengthen Rural Public Transit

MINNEAPOLIS – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that the Federal Transit Administration (FTA) has awarded over $3.4 million in federal funding to strengthen public transit in rural Minnesota communities. Specifically, the resources will enable the Minnesota Department of Transportation (MnDOT) to boost transit efficiency and upgrade its bus fleet and bus facility infrastructure on lines servicing Greater Minnesota.      “Investments in public transit help reduce traffic and make it easier for Minnesotans to get to school, work, and other destinations,” said Klobuchar. “This federal funding will make a real difference in rural communities across our state,

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