April 21, 2009. Rep. Tom McClintock (R-Granite Bay) today introduced legislation that allows banks to immediately pay back Troubled Asset Relief Program (TARP) funds to the U.S. Treasury. Banks which were pressured to accept TARP funding are now facing serious obstacles, uncertainty and continued government control in their efforts to return the funds to taxpayers.
House Chamber, Washington D.C. April 21, 2009. Mr. Speaker: Many Americans have been shocked in recent days to learn that banks seeking to repay TARP money have been told the treasury will not allow them to do so.
Taxpayers were promised that this money was only to be used to buy up toxic assets and that it would be repaid to the treasury as soon as humanly possible.
Sacramento, California. April 15, 2009. Let the word go forth today from gatherings like this across the nation that the silent majority is no longer silent. We are stirring. We are awakening. We are many. And we are Americans – the latest generation of Americans who have been called upon to defend our liberties and the constitutional principles of limited government that protect our free
Longworth House Office Building. March 31, 2009. M. Chairman: On behalf of my constituents I want to thank the committee for holding a hearing today on California’s water crisis.
I think we need to be very clear that although the drought is a catalyst, the underlying problem is not an act of God but rather acts of government.
House Chamber, Washington, D.C. April 2, 2009 M. Speaker: Today this house passed HR 1256, which takes tobacco regulation to a whole new level and at the same time imposes onerous new fees that will be passed on to consumers as higher prices.
House Chamber, Washington, D.C. April 2, 2009 Mme.
House Chamber, Washington, D.C. April 1, 2009 Mr. Speaker: The American people are awakening to a danger of a budget that spends too much and borrows too much and taxes too much, because they know what that means.
They know that you can’t spend your way rich.
They know that you can’t borrow your way out of debt.
By Tom McClintock On June 28, 1991, the California Assembly began debate on what was then the biggest tax increase in California’s history: a $7 billion tax hike pushed by Gov. Pete Wilson that included increases in sales, income and car taxes.
March 28, 2009. Remarks at the Folsom Road Bridge Opening Ceremony. This is more than a bridge – it is a monument to those who fought so hard and so long to bring it to fruition.
House Chamber, Washington D.C. March 25, 2009. M. Chairman: I certainly support HR 1404, which would allow some flexibility in managing firefighting costs on our federal lands.