Fiscal and Economic
More on Fiscal and Economic
May 13, 2013
Across the country, employers are holding office meetings and the announcement goes something like this: "We love you guys. But here's what we make; here's what Obamacare will cost us; we can't stay in business with Obamacare. But if we cut back everybody to 29 hours per week, we can avoid the mandate and stay in business."
May 9, 2013
This measure strengthens our credit by guaranteeing that our sovereign debt will be paid in full and on time.
Issues:Fiscal and Economic
May 8, 2013
Yesterday, the President vowed to veto the Full Faith and Credit Act, charging that it "would result in the Congress refusing to pay obligations it has already agreed to." I challenge the President to name one member of Congress who has suggested that this bill is an acceptable substitute for not paying our other bills.
Issues:Fiscal and Economic
April 26, 2013
On Wednesday, the Democratic Whip charged that the Full Faith and Credit Act places America at risk of default. As Churchill once said, "It would not be possible to state the opposite of the truth with greater precision." Quite the contrary, this measure guarantees that whatever political storms are raging in Washington, America's debt will ALWAYS be paid IN FULL and ON TIME.
Issues:Fiscal and Economic
April 10, 2013
Most people would agree that the "full faith and credit" of the United States should not hang in the balance every time there's a fiscal debate in Washington. Even with record deficits, our revenues are roughly ten times greater than our public debt service, so there is no excuse for a debt default.
Issues:Fiscal and Economic
March 20, 2013
Democrats and Republicans both want to get rid of a wide range of tax loopholes. But Democrats want to spend that money and Republicans want to lower the overall tax burden. The difference is important.
Issues:Fiscal and Economic
March 13, 2013
This budget reflects a great struggle between American families and their government over whether they, or the government, can best spend the money that they have earned.
Issues:Fiscal and Economic
February 28, 2013
The decline and fall of the Roman Empire offers us a sobering warning of a great a nation that became over-extended and war-weary abroad, while it became utterly profligate and decadent at home. Its economy in shambles and its treasury bankrupt, the mightiest military power on Earth finally fell easy prey for backward hordes that had previously existed only beyond the fringe of civilization. Three years ago, Admiral Mike Mullen sounded the alarm for our nation with this chilling warning: "Our national debt is our biggest national security threat."
Issues:Fiscal and Economic
February 18, 2013
Placer County Navy League
Auburn, California
February 18, 2013
When I visited you a year and a half ago, I spoke of four significant threats to our nation’s defense, the biggest of which was collapse of the finances of the United States Government, which would make it impossible for us to respond to a foreign enemy.
In the time since then, that danger has not only not abated, but it has increased – and increased dramatically.
January 23, 2013
Mr. Speaker: The House is poised to pass HR 325. I respect the sincerity of its supporters, but I must firmly dissent. This bill accommodates spending at ruinous levels far beyond the limits set by the House budget. It sets a terrible precedent by abolishing the debt limit for nearly four months, giving an unlimited credit card to this administration.
Issues:Fiscal and Economic