Fiscal and Economic
More on Fiscal and Economic
H.R. 1314 – Bipartisan Budget Act of 2015: NO. M. Stanton Evans once observed that there are two parties in our country: the evil party and the stupid party, and when they adopt a bipartisan measure it is usually something evil and stupid. This deal replaces the budget that Congress enacted in May, which pointed the country back toward fiscal solvency, with a plan that puts us on a trajectory that never balances.
Washington, D.C. – The House of Representatives today passed H.R. 692 by Congressman Tom McClintock on a vote of 235 to 194. The legislation guarantees the sovereign debt of the United States Government by authorizing the Treasury Secretary to continue to borrow to pay interest and principal on the debt, even in the event of complete gridlock in Washington.
Congressman McClintock is a co-author of H.R. 2898 (Valadao) the Western Water and American Food Security Act. The legislation was approved by the House on July 16th, 2015. The bill next goes to the Senate. Congressman McClintock delivered the following remarks in support of H.R. 2898 during House floor debate, and he also spoke in opposition to an amendment offered by Rep. Grijalva.
H.R. 2898 – California Water Bill
July 16, 2015
7/15/15 HR 3038 – Highway and Transportation Funding Act: NO. This bill is a five month extension of highway and transit spending, paid for over the next TEN YEARS. This is the J. Wellington Wimpy school of economics that got us in this mess ("I would gladly pay you a dollar of savings ten years from now for a dollar of spending today.)" Highway taxes should finance highways and transit fees should fund transit – this assures these projects are paid for by users who make their choices based on accurate price signals.
Congressman McClintock co-sponsored with Congressman Dave Brat an amendment to the 21st Century Cures Act (H.R. 6). The amendment was not approved. Congressman McClintock delivered the following remarks on the House floor in support of the amendment:
Brat Amendment to 21st Century Cures Act
July 10, 2015
Washington, D.C. – An amendment authored by Congressman McClintock and a bi-partisan amendment co-authored with Congressman Jared Huffman have been adopted by the House of Representatives to H.R. 2685 - FY16 Department of Defense Appropriations Act.
Congressman McClintock introduced an amendment to H.R. 2577 - FY16 Transportation, Housing & Urban Development Appropriations Act to eliminate funding for the "Essential Air Service" program. The amendment was defeated by a vote of 166 to 255.
Congressman McClintock's House floor remarks introducing the amendment:
Amendment to H.R. 2577
Essential Air Service
June 3, 2015
Mr. Chairman: