Fiscal and Economic
More on Fiscal and Economic
February 11, 2014
Congressman McClintock voted No on H.R. 2642 today and issued the following statement: This measure suspends the federal debt limit until March of 2015. I have two principal objections to the measure. First and foremost, it does nothing to bend the debt curve down - a debt curve that the Congressional Budget Office again warns will begin dangerously expanding within two years, reaching unsustainable levels that threaten the future stability and prosperity of the nation.
Issues:Fiscal and Economic
January 15, 2014
The House is scheduled to take up the omnibus appropriations bill for 2014, and I rise this morning to outline my objections to the measure.
Issues:Fiscal and Economic
December 12, 2013
The great irony of the Republican decision to bust the budget sequester is that barely two months ago, congressional roles were reversed.
Issues:Fiscal and Economic
December 12, 2013
The great irony of the Republican decision to bust the budget sequester is that barely two months ago, congressional roles were reversed.
Issues:Fiscal and Economic
October 29, 2013
It has become obvious over the past few weeks that we are now watching nothing less than the collapse of the American health care system. Millions of Americans are losing their health plans and are being set adrift into a dysfunctional system where they cannot find comparable affordable policies.
October 23, 2013
This nation has gone through 18 government shutdowns in the last 37 years. Fifteen of those 18 shutdowns occurred when Democrats controlled the House.
October 16, 2013
House Republicans have fought to protect the American people from the negative effects that Obamacare is already having on the accessibility, affordability and quality of American health care. Senate Democrats, backed by the President, refused to resolve the differences between the two houses through the process of negotiation and compromise that is essential to any bicameral legislative system. As a result, the system seized up and produced a prolonged stalemate, a partial government shutdown and a looming debt crisis.
Issues:Fiscal and Economic
October 9, 2013
This October crisis is punctuated by three developments that are becoming increasingly obvious and disturbing. The first is the refusal of the Senate and the President to resolve their differences with the House through negotiation and compromise on the one bill that would fund this government and end this shutdown.
October 9, 2013
The debt limit exists for a simple reason: to assure that public debt isn't recklessly piled up without Congress periodically acknowledging it and addressing the spending patterns that are causing it. If a debt limit increase is supposed to be automatic, as the President suggests, there really is no purpose to it. A new dimension has now appeared in this discussion. Unlike every one of his predecessors, this President has vowed that unless Congress unconditionally raises the debt limit, the United States will default on its sovereign debt.
October 9, 2013
On September 30th, after two previous attempts to keep the government fully funded, House Republicans adopted a measure that fully funded the government, fully funded Obamacare, but simply delayed the individual mandate for a year. This proposal was summarily rejected by House and Senate Democrats and the government shut down.