Economy and Jobs
Representative Casten knows that families in Illinois’s 6th District want and deserve a strong economy that provides jobs of the future for our children and grandchildren. He is fighting for job creation, economic opportunity for all, and fair and responsible ways to reduce the deficit.
Unfortunately, for too long, too little of our Federal budget has been devoted to investing in our own economy – to building the basic infrastructure that serves as a foundation for private-sector growth.
Contrary to some political schools of thought that have long promoted cutting funding for the sake of claiming small government fiscal constraint, Representative Casten believes that funding infrastructure is one of the best investments we can make, because the jobs that result cannot be outsourced.
Building safer more modern roads and bridges, expanding transit systems, enhancing our waterways, promoting research and development – these are all infrastructure investments that give our businesses tools to grow and create jobs for our citizens. These are all the kinds of investments that Representative Casten is working to advance in Congress.
Not only does Representative Casten recognize that our nation needs to invest in itself, but he also knows that long-lasting economic security requires government policies don’t discourage the private sector from investing in itself and our collective future. That is why he is also working to advance policies that encourage American businesses to flex their muscles and to be innovative, while also being good citizens, stewards, and neighbors.
More on Economy and Jobs
Federal Income Tax
The federal Income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount owed.
If you recently lost your job because of COVID-19, you can apply for unemployment benefits here.
On March 27, 2020, Congress passed The CARES Act that would provide Recovery Rebates to Individuals.
It provides $1,200 for single filers and heads of households ($2,400 for married couples filing joints returns). It also provides $500 per qualifying child dependent under age 17 (using the rules under the Child Tax Credit). A family of four would receive $3,400.
Congress recently passed three packages to combat the coronavirus:
Coronavirus Preparedness and Response Supplemental Appropriations Act
The first, H.R. 6074, the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 which is:
U.S. Rep. Sean Casten, D-Downers Grove, who serves the 6th Congressional District, discussed on Thursday afternoon his accomplishments and goals before the end of his term with the Northwest Herald.
Using his tech expertise as former CEO of Turbosteam Corp. and Recycled Energy Development, using energy recycling technologies to reduce greenhouse gas emission and converting energy facilities to cleaner, more economic uses. Casten’s mission, he said, is to set legislative agenda to avert “climate catastrophes.”
Congressman Sean Casten is a first-term legislator representing Illinois’ 6th congressional district, located in the suburbs west of Chicago.
Washington (AP) -- Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy appears durable, with steady growth and unemployment near a half-century low, but faces risks from the broadening viral outbreak that began in China.
Washington, DC – Today, U.S. Representative Sean Casten (D-IL-06) questioned Federal Reserve (Fed) Chairman Jerome Powell in the House Committee on Financial Services (FSC) about the systemic risks climate change poses to the U.S. and global financial sector and what, if any, action the Fed is taking to mitigate that risk.
Washington, DC – Today, U.S. Representative Sean Casten (IL-06) released the following statement after the Office of Management and Budget (OMB) released President Trump’s $4.8 Trillion budget request for fiscal year 2021 (FY2021).