Fiscal and Economic
More on Fiscal and Economic
House Chamber, Washington, D.C. December 21, 2010. Mr. Speaker:
On November 2nd, the American people spoke loudly and clearly: stop the spending.
Instead of graciously bowing to the public will, the Left has embarked on a frantic lame-duck spending spree with a majority already turned out of office by the voters.
First, they exacted another $136 billion in spending as the price to prevent a devastating tax increase on New Year’s Day.
Washington, D.C. -- Congressman Tom McClintock, CA-04, has been appointed to serve on the House Budget Committee and the Natural Resources Committee for the upcoming 112th Congress.
House Chamber, Washington, D.C. December 16, 2010. M. Speaker: I commend the Senate for passing the tax relief measure yesterday, and I hope that the House passes it today.
According to the CBO, this bill comprises $136 billion in additional spending and $721 billion in tax relief. That means fifteen percent of this bill is spending – the other 85 percent is tax relief:
· No across the board increase in income tax rates next year.
· No AMT biting deeper into middle class families.
Mr. Speaker: Titles 3 through 6 of the bill purport to settle four water rights claims against the United States by signing away the public’s right to nearly 300 BILLION gallons of water annually AND in perpetuity -- in addition to spending more than $1.2 billion.
The proponents of the bill are correct that if taxpayers will end up paying more if the claims go to trial, then we should settle out of court. But I sincerely doubt this is the case.
By Congressman Tom McClintock
More than a year ago, Pollster Frank Luntz stood before a group of about 40 House Republicans in a cramped conference room. “I need to tell you something,” he said. “I’ve been looking at polling data from Congressional districts across America for the last three months. I’m convinced that you are going to be in the majority next year.” After a long pause, he added, “This time, please don’t screw it up again.”
I don’t think we will.
El Dorado Hills, California, October 25, 2010.
In a moment of breathtaking condescension during the debate over ObamaCare, Nancy Pelosi said, “We have to pass the bill so you can find out what is in it…”
Well, they passed it. And ever since, the American people have been finding out what’s in it. There’s a reason that not a single Democrat in a competitive race is touting his or her support for ObamaCare.
House Chamber, Washington, D.C., September 23, 2010. M. Speaker:
House Chamber, Washington, D.C., September 14, 2010.
Throughout what was supposed to be a “recovery summer,” the President has repeated a familiar theme: that Republicans ran us into a ditch and now they want the keys back.
That’s an important point, and we need to understand exactly what the Bush administration did to run us into a ditch. In fact, President Bush made two major policy blunders.
Mr. Speaker:
Many people are asking why Congress is here today. I think the answer’s pretty simple: we’re not bankrupting the country fast enough and so we need to come back and spend more.
In the merciful week that Congress was not in session, my constituents had one message: STOP THE SPENDING. Obviously, Congress isn’t listening.
House Chamber, Washington, D.C.
July 22, 2010
M. Speaker:
Anyone who has experienced firsthand the quiet panic that stalks every waking hour of an unemployed family knows how frightening and debilitating is chronic unemployment. You watch your savings evaporate, you see your children going without the material things their friends enjoy, and you count down the months or even weeks until you won’t be able to make that crucial rent or house payment.