Economy

Our stellar economy has Americans back to work and optimistic about the future. I am fighting to keep the U.S. economy growing with high-wage jobs by reforming the federal government in the areas of regulations, taxes, health care, welfare and energy.

I am working with my colleagues and the administration to utilize my appointments on the House Agriculture and Small Business Committees to sustain agriculture, Main Street enterprises and our southern Minnesota way of life.

More on Economy

March 23, 2021 Press Release

MANKATO, Minn. – Congressman Jim Hagedorn (MN-01) announced that the U.S. Department of Commerce’s Economic Development Administration (EDA) will invest more than $200,000 in southern Minnesota communities.

March 19, 2021 Press Release

WASHINGTON – Congressman Jim Hagedorn (MN-01) today voted against H.R. 1868, which Democrats have pushed through as a gimmick to account for their reckless and wasteful partisan payoff to the left at the expense of America’s financial future. The bill passed by a vote of 246-175.

Rep. Hagedorn issued the following statement after the vote:

March 16, 2021 Press Release

WASHINGTON – Congressman Jim Hagedorn (MN-01) this evening voted in favor of H.R. 1799 - the PPP Extension Act of 2021. The bill passed the House with broad bipartisan support by a vote of 415-3.

March 10, 2021 Press Release

WASHINGTON – Congressman Jim Hagedorn (MN-01) today voted against the Senate Amendment to H.R. 1319, an effort by President Biden, Speaker Pelosi and Democrats to satisfy their leftwing base with a litany of progressive wish list policies and pork barrel giveaways. The bill passed the House by a vote of 220-211. 

Rep. Hagedorn released the following statement after the vote:

February 26, 2021 Press Release

WASHINGTON – Congressman Jim Hagedorn (MN-01) filed an amendment today to reduce spending in the Democrats’ partisan $2 trillion pork barrel package, H.R. 1319. 

Hagedorn’s amendment would restore fiscal responsibility, rein in reckless spending and defend the taxpayers by preventing funds from H.R. 1319 from being spent until 90 percent of the previous $4 trillion allocated through bipartisan COVID-19 relief measures have been expended on a program-by-program basis. The amendment exempted funds for personal protective equipment, vaccines or testing.

February 26, 2021 Press Release

WASHINGTON – Congressman Jim Hagedorn (MN-01) introduced the bipartisan PPP Flexibility for Farmers and Ranchers Act, which would allow farmers and ranchers categorized as partnerships to utilize gross income when calculating maximum Paycheck Protection Program (PPP) loan amounts.

February 10, 2021 Press Release

WASHINGTON – Congressman Jim Hagedorn offered an amendment during this evening’s House Small Business Committee markup that would enable farmers and ranchers to report either gross or net income for the purposes of calculating their maximum Paycheck Protection Program (PPP) loan amount.

February 5, 2021 Press Release

WASHINGTON – Congressman Jim Hagedorn (MN-01) today issued the following statement regarding his vote against S.Con.Res. 5, the Bernie Sanders-sponsored budget resolution:

January 4, 2021 Press Release

WASHINGTON - Congressman Jim Hagedorn’s bipartisan legislation, H.R. 5146 – the Unlocking Opportunities for Small Businesses Act - became law on January 1, 2021.

“This vital piece of legislation expands opportunities for small businesses to compete as prime contractors for federal contracts. By enhancing access to the marketplace, we will incentivize small businesses to enter or rejoin the federal contracting community, and, as a result, federal agencies and the American people will benefit with increased efficiency and improved service.