I spoke at @WaysMeansCmte Member Day to highlight two of our bills and suggest a few things they could do to address the negative effects of climate change.
Watch 
↓pic.twitter.com/n3uu4pR4wH
Show this thread
Our bill with @RodneyDavis, the Employer Participation in Repayment Act, would encourage more employers to provide student loan repayment and make the payments tax-free to employees, up to $5,250 per year, just like tuition assistance is treated today.
-
-
It would help employees currently receiving student loan benefits from their employer and encourage more companies to offer this benefit. It won’t solve the student debt crisis, but it will provide relief for many Americans struggling to make their loan payments each month.
Show this thread -
I also introduced the Saving for the Future Act, which establishes a minimum employer contribution to a savings plan of 50 cents per hour worked. Smaller companies could save through federally provided “UP Accounts,” modeled after the Thrift Savings Plan for federal workers.
Show this thread -
Finally, I urged the committee to help address climate change and build a more sustainable future by: • Increasing incentives for electric and hydrogen vehicles • Expanding the tax credit for energy storage technologies • Extending the life of renewable energy tax credits
Show this thread
End of conversation
New conversation -
-
-
This is great but what about self employed people? Can you give them, and everyone, a better tax break? Clients like Nurses and teachers make too much for student loan interest to be deductible after only a few years in the workforce. Can we bump that limit up? Double it?pic.twitter.com/imLi7bnZYA
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.