Fiscal and Economic
More on Fiscal and Economic
March 25, 2015
3/25/15 - H. Con. Res. 27 – Federal Budget for Fiscal Year 2016: YES. Sadly, the final version of the House Budget as amended on the floor declines to pay for $22.5 billion in additional spending for defense and refugee resettlement that was added to the off-budget war account to satisfy “defense hawks.” Although technically this only affects spending for FY 2016, I fear it implicitly repudiates programmed reductions in 2017, without which the budget may not balance within ten years as called for in the version that passed the House Budget Committee. I addressed this issue in greater detail in my speech to the House of March 24...
Issues:Fiscal and Economic
March 25, 2015
Even though I disagree heartily with the budgets advanced by the Progressive Caucus, they do an invaluable service to the budget debate by bringing into sharp relief the two very different visions of governance advanced by the two parties. The Progressive budget is a sincere and bold document. Unfortunately it is also wrong. It would hike taxes by $7 trillion over the next ten years...
Issues:Fiscal and Economic
February 25, 2015
Congressman McClintock delivered the following remarks on the House floor regarding the President's veto of the Keystone Pipeline:
Mr. Speaker:
Issues:Fiscal and Economic
February 13, 2015
2/13/15 HR 636 - America’s Small Business Tax Relief Act: YES. Makes permanent a variety of small business tax deductions involving equipment and property purchases. In recent years, these provisions have to be renewed in “Tax Extender” bills, creating enormous uncertainty...
Issues:Fiscal and Economic
January 20, 2015
Congressman McClintock delivered the following remarks on the House floor regarding the State of the Union Address:
Issues:Fiscal and Economic
July 10, 2014
Ever since 1835, the Rules of the House have forbidden spending money for purposes unauthorized by current law. Yet last year, the eleven appropriations bills reported out of the House Appropriations Committee contained over $350 billion for spending on unauthorized programs.
Issues:Fiscal and Economic
April 10, 2014
Oversight Hearing: Energy Independence - Domestic Opportunities to Reverse California's Growing Dependence on Foreign Oil
April 8, 2014
In August of 2010, the Chairman of the Joint Chiefs warned that the greatest threat to our national security was our national debt. That was $4 trillion of debt ago. In fact, since Inauguration day, 2009, we have accumulated more total government debt than we had run up from the first day of the Washington Administration through the third year of the George W. Bush administration.
Issues:Fiscal and Economic
April 8, 2014
Our Constitution assigns the principle responsibility over the public purse to the House of Representatives. Under that Constitutional doctrine, a dollar can't be spent by this government unless the House says it gets spent. Yet today, spending increasingly seems to be out of our hands - driven automatically by a variety of provisions and practices that thwart the very design of the Constitution.
Issues:Fiscal and Economic
March 5, 2014
As we begin the annual budget process, we need to stop thinking in terms of Democratic and Republican policies and start thinking in terms of what policies have worked and what policies have not. The successes and failures of both parties could teach us much.
Issues:Fiscal and Economic