Senator Blackburn Speaks With Community Leaders in Mountain City About Fostering Economic Growth
Senator Blackburn Attends the Grand Opening of Manufacturing Site in Nashville
Senator Blackburn Visits a Local Farmer’s Market to Support Small Business Saturday
Senator Blackburn Meets With Local Business Owners in Bledsoe County, Tenn.
Senator Blackburn believes in freedom, free people, and free markets. She understands the surest path to economic growth is through a small, limited government that controls spending, promotes growth, and does not overburden its citizens with taxes and regulations.
As a member of the Senate Finance Committee, Senator Blackburn has fought for conservative, fiscally responsible tax policies. While inflation and tax rates have skyrocketed under the Biden administration, with a near 20% increase in prices across the board since Biden took office, Senator Blackburn has been a loud voice in the fight to get the federal government’s reckless spending under control.Blackburn: Three Years On, Americans Continue to Suffer From Bidenflation
Senator Marsha Blackburn recognizes the hard work of small businesses and firmly believes our small businesses are the backbone that keeps our economy thriving in communities across Tennessee.
Marsha Blackburn: Let Small Business Owners Do What They Do Best – Innovate And Create New Jobs
As small businesses make up over 99% of businesses in the Volunteer State, Senator Blackburn has prioritized legislation that gives back to local communities and keeps government regulation out of the way of small businesses. She has worked to lower Internal Revenue Service (IRS) fees and proposed slashing federal spending by 1%, 2%, and 5%. These cuts are targeted at non-defense, non-homeland security, and non-veterans affairs discretionary spending.
Additionally, after the IRS received $80 billion in funding from the Biden administration’s “Inflation Reduction Act” (IRA) to hire 87,000 IRS agents, legislation Senator Blackburn vehemently opposed, she introduced the IRS User Fee Reduction Act to stop the IRS from charging small businesses exorbitant user fees. Senator Blackburn has also introduced legislation to prevent the IRS from using its $80 billion infusion of taxpayer dollars included in the IRA to squeeze more revenue out of hardworking taxpayers.
Furthermore, Senator Blackburn has introduced and fought for legislation that alleviates strains on the supply chain, which have had major consequences on our economy since the global supply chain crisis began in 2021. In early 2023, she introduced the bipartisan Securing Semiconductor Supply Chains Act, which would strengthen federal efforts to expand domestic manufacturing of semiconductor chips by collaborating with federal agencies and state organizations.
Senator Blackburn: Tennesseans Are Better At Spending Their Own Money Than The Federal Government
As she meets with Tennesseans from across the state during her annual 95 County Tour, Senator Blackburn hears firsthand how low taxes, pro-business policies, and a less invasive government have spurred economic growth in Tennessee. As a member of the Tennessee State Senate, Senator Blackburn successfully led the effort to block a state income tax from being implemented in the Volunteer State.
Senator Blackburn has also recognized the negative effects of Washington’s out-of-control spending and rising prices as a result of Biden’s economic policies. According to a report by the Senate Joint Economic Committee, families in Tennessee spent $10,344 more in 2023 than in 2021 to buy the same goods and services.
In 2022, when the price of gasoline reached a 40-year high, Senator Blackburn introduced ten amendments to the Democrats’ nearly $739 billion tax and spending spree that would stop tax increases on small businesses and middle-income Americans, prevent policies that increase energy prices, and block the Chinese Communist Party from undermining American academic and agricultural interests.Marsha Blackburn: Farmers Are Pillars In Our Communities
Furthermore, in early 2023, the Department of Homeland Security (DHS) announced a new rule that would force hardworking business owners and farmers to finance President Biden’s broken asylum program. Senator Blackburn pushed back and led a letter to DHS Secretary Alejandro Mayorkas requesting that the Department withdraw the proposed rule, calling on the administration to support our nation’s agriculture industry.
Senator Blackburn believes Tennesseans are better at spending their own money than the federal government is at spending taxpayer money and stands firm that they should have the right to do so.
