Rep. Ted Budd Meets With Restaurant Owners in Burlington & Asheboro

| Posted in Press Releases

Advance, N.C. -- Today, Rep. Ted Budd visited two restaurants in Burlington and Asheboro alongside the North Carolina Restaurant and Lodging Association and State Senator Amy Galey. They spoke with owners and workers at the Golden Corral in Asheboro and the Biscuitville in Burlington about the ongoing labor shortage and the importance of ending the current federal stay at home unemployment bonus. ...

Rep. Ted Budd Sponsors Veterans Entrepreneurship Act

| Posted in Press Releases

Washington, D.C. -- Rep. Ted Budd (R-NC) has co-sponsored H.R. 4433, the Veterans Entrepreneurship Act. This bipartisan bill would create a pilot program at the Small Business Administration (SBA) to reward 250 veterans with grants that they could use to start or acquire a small business or franchise over a three year period. Grantees would be required to complete certified training programs speci...

Rep. Ted Budd Presents $577,000 Federal Grant to Alamance Community College

| Posted in Press Releases

Graham, N.C. -- Today, Rep. Ted Budd presented a $577,917 federal grant from the Economic Development Administration to Alamance Community College (ACC). The grant will assist the college in the acquisition of equipment needed for its new Biotechnology Center of Excellence in partnership with LabCorp, based in NC-13. The project is anticipated to create nearly 100 jobs and leverage millions in pri...

Rep. Ted Budd Sponsors Expanding Opportunity Zones Act

| Posted in Press Releases

Washington, D.C. -- Today, Rep. Ted Budd (R-NC) co-sponsored the Expanding Opportunity Zones Act. The bill was originally introduced by Rep. Jim Hagedorn (R-MN). The bill would increase the number of Opportunity Zone designations in each state to 30 percent and extend the tax deferral date to December 31, 2029. Rep. Budd said in a statement: “Opportunity Zones have been proven to boost economic ad...

We must get North Carolina back to work

| Posted in Opinion Pieces

Rep. Budd's op-ed in the North State Journal’s Randolph Record: https://randolphrecord.com/budd-we-must-get-north-carolina-back-to-work/ Last month, the National Federation of Independent Businesses reported that 46% of small businesses currently have unfilled job openings. Our country is still down 7.1 million jobs from our pre-lockdown boom, and 9.5 million jobs remain unfilled nationwide. While...

Rep. Ted Budd Proposes Fair & Open Competition Amendment

| Posted in Press Releases

Washington, D.C. -- Rep. Ted Budd (R-NC) has submitted an amendment to the ‘INVEST in America Act’ that would ensure that the federal government and recipients of federal assistance cannot mandate project labor agreements on federal projects, thereby increasing competition and lowering construction costs for taxpayers. The amendment is identical to the Fair and Open Competition Act that Rep. Budd ...

Rep. Ted Budd: It’s Time to End Unemployment Bonuses

| Posted in Press Releases

Washington, D.C. -- In a speech on the House floor, Rep. Ted Budd (R-NC) laid out why it is critically important to end the enhanced federal unemployment payments and get North Carolinians back to work. Video of his remarks: Text of his prepared remarks: Last month, the National Federation of Independent Businesses reported that 48% of small businesses currently have unfilled job openings. That’s ...

Rep. Ted Budd Receives 2021 Abraham Lincoln Leadership for America Award

| Posted in Press Releases
Tags: Economy

Washington, D.C. -- Today, Rep. Ted Budd (R-NC) received the 2021 Abraham Lincoln Leadership for America Award from the U.S. Chamber of Commerce. The award “recognizes Members of Congress from both sides of the aisle based on their co-sponsorship of legislation important to the business community during this pivotal moment for our country.” Rep. Budd said in a statement: “It is a true honor to rec...

Rep. Ted Budd Tours High Point Furniture Market

| Posted in Press Releases

High Point, N.C. -- Today, Rep. Ted Budd (R-NC) toured the High Point Furniture Market and the Home Furniture Association Resource Center with the High Point Market Authority. Rep. Budd said in a statement: “Thanks to the High Point Market Authority for showing me their facilities today. I enjoyed our discussion about what we can do about labor shortages and trade barriers. North Carolina’s furnit...

Rep. Budd, Lt. Gov. Robinson, & State Sen. Edwards Highlight Back to Work Bills

| Posted in Press Releases

Raleigh, N.C. -- Today, U.S. Rep. Ted Budd, Lt. Gov. Mark Robinson, and State Sen. Chuck Edwards held a press conference to highlight their federal and state legislation to get North Carolinians back to work. Last week, Rep. Budd introduced HR 3479: the Back to Work Bonus Act, to replace the Federal Pandemic Unemployment Compensation benefits with back-to-work bonuses. His bill has been endorsed b...

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