U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Senate Environment and Public Works (EPW) Committee, led 45 of her Republican colleagues in introducing the Simplify Timelines and Assure Regulatory Transparency (START) Act, comprehensive federal regulatory permitting and project review reform legislation. “Since our calls for action and offers to see legislative text from the permitting … Continue reading Senators Fight Economic Collapse With Pro Growth Regulatory and Permitting Reform
Category: Economy
U.S. Senate Banking Committee Member Pat Toomey (R-Pa.) is asking for more information after learning that the Federal Deposit Insurance Corporation (FDIC) may be improperly deterring banks from doing business with lawful crypto companies. According to whistleblower reports, personnel in the FDIC’s Washington, D.C. headquarters are urging its regional offices to request that banks refrain from expanding relationships … Continue reading Whistleblower Reports Say FDIC Headquarters Improperly Stifling Crypto Business for Banks
Joe Biden is expected to sign Democrats’ inflation scam bill today. In doing so, Biden is breaking one of his core campaign promises: not raising taxes on anyone making less than $400,000 a year. According to the nonpartisan Congressional Budget Office, Democrats’ so-called Inflation Reduction Act will create an additional $20 BILLION in new taxes on middle-class … Continue reading Senate Dems’ New Big-Government Bureaucrats Will Target Working Families
The Joint Committee on Taxation (JCT) has confirmed that $10.6 billion in tax increases from the Democrats’ Inflation Act will hit families making less than $200,000. JCT’s analysis looked at the distributional impact of the non-Obamacare related tax provisions, including $362 billion worth of tax increases and hundreds of billions worth of Green New Deal tax subsides. … Continue reading Nonpartisan Tax Scorekeeper: Democrat Inflation Act Hits Families Making Under $200,000 with $10.6 Billion Tax Hike
House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement today alongside a fact sheet exposing the various ways in which the Democrats’ Inflation Act is an unmitigated attack on American families, businesses, and the nation’s finances, all in service to a liberal policy agenda.“Democrats in the U.S. House of Representatives are lining up to … Continue reading How the Inflation ‘Reduction’ Act jacks up inflation-fueling spening
On Monday, U.S. Sen. Ron Johnson (R-Wis.) joined his Republican Homeland Security and Governmental Affairs Committee (HSGAC) colleagues in a letter to HSGAC Chairman Sen. Gary Peters (D-Mich.) requesting a hearing with Federal Reserve Board Chair Jerome Powell and leadership at the Federal Bureau of Investigation (FBI) regarding Chinese influence and information theft at U.S. … Continue reading Republicans Demand Hearing on Communist Chinese Influence and Information Theft at US Federal Reserve Banks
U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Democrats’ Reckless Taxing and Spending Spree: “Democrats want to pass huge, job-killing tax hikes in the middle of a recession they created. “Hundreds of billions of dollars in new taxes on American jobs, American manufacturing, American electricity, and … Continue reading Democrats Tax Working Families’ Gas and Electricity to Subsidize Luxury Shopping for the Wealthy
House Budget Committee Republican Leader Jason Smith (MO-08) today released a fact sheet exposing how the Washington Democrats’ so-called “Inflation Reduction Act” relies on budget scoring gimmicks and false sunsets to hide the true cost of its inflationary spending and will add to the nation’s already unsustainable debt. “Democrats are at it again using budget gimmicks and fake sunsets to create savings on paper – just … Continue reading FACT SHEET: Democrats’ Inflation EXPANSION Act Increases Debt by $114 Billion
At today’s U.S. Senate Banking Committee hearing, Ranking Member Pat Toomey (R-Pa.) said that Democrats’ new reckless tax-and-spending bill will worsen 40-year high inflation and the contracting economy. Specifically, Senator Toomey criticized a housing provision in the Democrats’ spending bill that creates a $1 billion slush fund for “greening” taxpayer-subsidized housing. Ranking Member Toomey’s opening remarks, … Continue reading Toomey: Housing Costs Will Escalate With Democrats’ Reckless Tax-and-Spending Bill
As America spirals into a recession, domestic manufacturers will soon face a higher cost of doing business as a result of Washington Democrats’ tax and spending plan, reports the Wall Street Journal. Analysis released last week from the Joint Committee on Taxation (JCT) shows that domestic manufacturers would bear roughly 50 percent of the tax burden from a … Continue reading Nonpartisan Committee Confirms Nearly Half of New Taxes in Democrat Proposal Fall on US Manufacturers as America Spirals into Recession
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