After passing the largest tax cuts in our nation’s history, our economy is booming. The unemployment rate in the United States is at an all time low, and small businesses across Montana and the country are seeing their businesses grow like never before. With this economic growth, Montanans are landing good-paying jobs that allow them to provide a better life and future for their families for generations to come.
While much progress has been made, there is still much left to accomplish. I will continue to work to reduce regulation on our small businesses and entrepreneurs, and tackling our nation’s escalating debt crisis. I will also continue support efforts to increase production of American-made energy and natural resources in Montana and throughout our country. Further, I believe Congress should repeal Obamacare and all of its job-crushing tax and regulatory burdens. With these actions, Congress would lay a foundation where Americans can continue to create and find good-paying jobs.
Daines Introduces Bill to Support Montana Service Workers, Eliminate Federal Tax on Tips
U.S. Senator Steve Daines introduced a bill with Senator Ted Cruz (R-Texas) to exempt tips from federal income taxation, the “No Tax on Tips Act.” “Joe Biden’s sky-high inflation has hit hardworking Americans especially hard. Providing a much-needed tax cut for working families will help offset Biden’s high prices and get people back in the workforce,”said Daines. Read the full text of the bill HERE. Daines recently joined Fox Business’ Mornings with Maria to discuss the bill, watch HERE. Background: The bill exempts “cash tips” – cash, credit and debit card charges, and checks – from federal income tax by allowing taxpayers to claim a 100 hundred
Daines Leads the Fight to Support MT Jobs, Expand Economic Investments in Local Communities
U.S. SENATE – U.S. Senator Steve Daines today led a group of bipartisan Senators in an effort to support Montana job creation and encourage continued economic investments in communities across the U.S. by introducing legislation to make the New Markets Tax Credit (NMTC) permanent. “The New Markets Tax Credit is a win-win-win – it has been an invaluable tool for encouraging investment into our communities, creating good-paying jobs in Montana, and spurring growth in local economies across the nation. It’s time we make a permanent commitment to helping our Montana communities thrive and economies grow,” Daines said. Senator Daines introduced the New Markets Tax Credit Extension Act with
Daines’ Montana “On the Rise” Summit Celebrates Montana Jobs, Businesses
U.S. SENATE – U.S. Senator Steve Daines today hosted the Montana “On the Rise” Economic Summit to highlight Montana’s booming job sectors from high-tech and photonics to crypto and biotechnology. Daines welcomed businesses including Qualcomm, FICO, Robinhood, Montana Instruments, Bridger Aerospace, OnX, FYR and GSK to discuss the opportunities and jobs in Montana. For TV elements click HERE. “It was great to have business leaders from right here in Montana and across our nation in Bozeman to showcase how Montana businesses are creating good-paying jobs, driving innovation and building for the future. Our Montana values and strong work ethic set us apart, and
New Data Center Powered by CSKT Hydro Announced at Daines’ Economic Summit
U.S. SENATE – U.S. Senator Steve Daines joined Governor Greg Gianforte, business mogul Kevin O’Leary, CSKT Secretary Martin Charlo and Bitzero CEO Akbar Shamji in announcing a new investment that will build a 50MW data center using renewable Hydropower from the CSKT. “This new investment in the CSKT will support good-paying jobs in Montana, boost Montana’s economy and keep Montana at the forefront of the energy and technology sector,” Daines said. “I’m glad to announce this lucrative project at the Montana ‘On the Rise’ Economic Summit with Governor Gianforte, entrepreneur Kevin O’Leary, leadership from the CSKT and Bitzero CEO Shamji. I look forward
Daines Applauds New Return-to-Work Program in Montana
U.S. SENATE – U.S. Senator Steve Daines released the following statement after Montana Governor Greg Gianforte announced the creation of a new return-to-work bonus program and a return to pre-pandemic unemployment insurance requirements. “Across Montana we’re seeing small businesses put up ‘help wanted’ or ‘now hiring’ signs. We’re even seeing some Montana small businesses close because they can’t find enough workers to fill openings,” Daines said. “Governor Gianforte’s commonsense decision will help incentivize Montanans getting back to work. Montanans can safely return to work and small businesses throughout Montana have plenty of job openings. This is a great decision for
Daines Cosponsors Bill to Speed Critical Mineral Production
U.S. SENATE — U.S. Senator Steve Daines cosponsored a bill to streamline the permitting process for domestic critical mineral production. Daines’ bill will help create Montana jobs, boost the economy, protect our national security and ensure the United States is competitive against China. “If we don’t increase domestic critical mineral production we will continue to be reliant on hostile, foreign nations,” Senator Daines said. “This bill ensures we don’t take a backseat to China and other countries who have terrible environmental standards and atrocious human rights violations. We can produce these minerals here in the U.S. and grow jobs, protect the environment and bolster
Daines Pushes PGE on Their Actions to Close Colstrip
U.S. SENATE — U.S. Senator Steve Daines pushed the CEO of Portland General Electric to explain the driving force behind the company’s actions to close Colstrip despite the fact the plant supports reliable, high-paying jobs and plays a large role in supporting the region’s baseload power. The CEO of PGE did not answer direct questions as to whether they have advocated for the early closure of Colstrip Power Plant. To watch and download the Senator’s remarks click HERE. “Instead of investing in Colstrip and the high-paying jobs it creates, PGE and other Pacific Northwest owners have done everything they could to avoid investing in the plant,” Daines said. “This is
Daines Cosponsors Bipartisan Bill to Ensure Montana, America Remain Global Leaders in Innovation & Technology, Create High Tech Jobs
U.S. SENATE — U.S. Senator Steve Daines today helped introduce a bipartisan bill, the “Endless Frontier Act,” which is the leading proposal in the U.S. Senate to promote American tech jobs and American innovation, research and development in the race against China. “We must invest in American innovation and technology if we’re going to win the race against China and stay competitive globally in the 21st century. My bipartisan bill will help advance research and create high paying, American tech, energy and manufacturing jobs. It will also advance Montana’s high tech sector and ensure America beats China and remains a global superpower,” Daines said. Senator Daines, an original cosponsor of the bill,
Daines, Tester Call for Hearing on St. Mary’s Reinvestment Act
U.S. Senate – U.S. Senators Steve Daines and Jon Tester are calling on the Senate Committee on Energy and Natural Resources (ENR) to hold a hearing on their St. Mary’s Reinvestment Act to make rehabilitating the St. Mary’s Diversion Dam more affordable. In a letter to ENR Chair Sen. Joe Manchin (D-W.Va.) and Ranking Member Sen. John Barrasso (R-Wyo.), Daines and Tester said the project is critical to ensuring the Milk River Project can continue providing water to farmers, ranchers, and Tribes in Northcentral Montana that depend on it. “The St. Mary’s Diversion Dam is the headworks of the Milk