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This week the House faces a busy schedule to address several looming deadlines. On Thursday the House will begin consideration of Rep. Barney Frank’s Make Bailouts Permanent bill, a bill that seeks to overhaul the financial service sector with new government regulations and mandates. Also on the floor this week is an extension of several [...]
This week the House Democrats are voting to reinstate the Estate Tax at 45% with a $3.5 million exclusion amount. Democrats propose that this will provide a permanent fix to the estate tax, but the tax is not adjusted for inflation and does not adjust the alternative valuation for farmland or the deduction for family-owned [...]
by Declan McCullagh, CNET News The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent. A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes [...]
Mike discusses his opposition to the cap and tax/climate change bill that is on the floor today. He also spoke on the floor in the video below.
Mike discusses the passage of the Democratic budget and the Democrats Cap and Tax proposal to limit Carbon Dioxide emissions.
Today will go down in history as the day America renewed her commitment to our Founders’ vision of a nation dedicated to liberty and limited government. Your protest is important to our district and the Tea Party movement is vital to American democracy. William F. Buckley once proclaimed that his then-new publication, the National Review, [...]
Everyone knows that the American people are hurting in the current state of our economy. People are losing jobs, homes, cars, and their savings is being depleted. Congress was right to take action to get our economy moving again, but raising taxes and massive federal spending is not the answer. We cannot tax, spend, and [...]
Mike discusses this week’s legislative agenda and new legislation he has authored to protect family farms and small businesses from the Estate Tax.
Mike discusses the Taxpayer Simplification Act and legislation to improve liquidity in the student loan market.
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