Fiscal and Economic
More on Fiscal and Economic
One of the items of unfinished business remaining before this session is extending the payroll tax cut of last year that funds Social Security.
HR 3630 – Payroll Tax Cut Extension: NO. Although the temporary payroll tax cut doesn’t produce lasting economic growth, I support its continuation because it allows working families to keep more of their earnings at a time of declining incomes, shriveling assets and rising prices.
Congressman Tom McClintock (CA-04) and 11 cosponsors today introduced House Joint Resolution 84, a balanced budget constitutional amendment. The amendment consists of 27 words and prohibits the government from increasing U.S. debt except for a specific purpose and with the approval of three-fourths of Congress.
House Chamber, Washington, D.C. November 2, 2011. Mr. Speaker: The International Monetary Fund estimated that as of Halloween night, the debt of this nation surpassed its entire economy for the first time since World War II. We all know that if you live beyond your means today you must live below your means tomorrow.
House Chamber, Washington, D.C. October 26, 2011. M. Speaker: The government’s continuing failure to address our nation’s gut-wrenching unemployment stems from a fundamental disagreement over how jobs are created in the first place.
We are now in the third year of policies predicated on the assumption that government spending creates jobs.
The House Natural Resources Committee today passed Congressman Tom McClintock’s legislation, H.R. 2915, the American Taxpayer and Western Area Power Administration Customer Protection Act of 2011.
August 1, 2011. The “Budget Control Act of 2011” increases the debt limit by between $2.1 and $2.4 trillion, the biggest explosion of debt in American history. It allows the government to avoid spending reductions for the next two years while squandering our last best hope of averting a sovereign debt crisis.
I am opposed to this measure for the following reasons:
August 1, 2011. This act increases the debt limit by between $2.1 and $2.4 trillion, the biggest explosion of debt in American history. It allows the government to avoid spending reductions for the next two years while squandering our last best hope of averting a sovereign debt crisis.
I am opposed to this measure for the following reasons: