Jobs and the Economy
Hardworking Americans deserve an economy that works for them. A strong economy, good jobs, and worker protections have made the United States a prosperous country and have ensured that the next generation can build better lives. One of my key priorities is the future of work in a world where technology is rapidly changing. Congress needs to prepare now for the future changes in the economy and job growth. As a co-chair of the Future of Work Task Force of the New Democrat Coalition, I work closely with other members of Congress so that we can better understand how technology will alter our economy and what it means for future generations. I want all Americans to have a place in the economy of the future, and I strongly believe it is Congress’s responsibility to understand how technology will change the ways Americans work.
You can find out more on the future of work here.
My Work on Jobs and the Economy
WASHINGTON, DC – Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the creation of a Task Force on Artificial Intelligence chaired by Congressman Bill Foster (D-IL).
U.S. Rep. Bill Foster will serve as chairman of a newly created task force that will probe how artificial intelligence is affecting how consumers interact with and use financial services.
The Naperville Democrat and particle physicist was named to head the group by Rep. Maxine Waters, who chairs the House Committee on Financial Services.
WASHINGTON, DC – Today, Congressman Bill Foster (D-IL) and Congressman Tom Emmer (R-MN) introduced the Self-Employed Mortgage Access Act (SEMAA). The legislation would expand access to mortgages for self-employed individuals, gig workers, and other creditworthy borrowers who have non-traditional forms of income. SEMAA would allow lenders to verify a borrower’s income using additional forms of documentation beyond a W-2.
WASHINGTON, DC – Today, Congressman Bill Foster (D-IL) introduced H.R. 2400, the American Innovation Act. The legislation would support the steady growth of federal investment in scientific and technological research.
WASHINGTON, DC – Today, Congressman Bill Foster (D-IL) and Congressman French Hill (R-AR) introduced a resolution to encourage collaboration between the public and private sector to promote financial literacy for students. The resolution also emphasizes the importance of financial literacy for consumers of all ages and supports the efforts of federal agencies to expand financial education resources.
The United States needs to develop a workforce that is adaptable and flexible enough to remain competitive in a global market, panelists told a Naperville audience gathered Monday at North Central College.
Hosted by U.S. Reps. Bill Foster, D-Naperville, and Sean Casten, D-Downers Grove, the discussion on the future of work and education was held at the college’s Wentz Science Center in Naperville. Foster and Casten share portions of the college campus in their respective districts.
U.S. Rep. Bill Foster, D-Naperville, announced he was introducing legislation to simplify tax filing. His bill, H.R. 2304, the Autofill Act of 2019, would create a voluntary tax filing program to allow individuals to use a secure IRS website to download a tax form automatically populated with information the IRS already collects from employers, the Social Security Administration and financial institutions, according to a news release.
WASHINGTON, DC – Today, Congressman Bill Foster (D-IL) announced the introduction of H.R. 2304, the Autofill Act of 2019. The legislation would create a voluntary tax filing program to allow individuals to use a secure IRS website to download a tax form automatically populated with information the IRS already collects from employers, the Social Security Administration, and financial institutions.
WASHINGTON, DC – Today, Congressman Bill Foster (D-IL) issued the following statement on the Trump Administration’s proposed budget for fiscal year 2020:
WASHINGTON, DC – Today, Congressman Bill Foster (D-IL) issued the following statement in response to President Trump’s State of the Union address: