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Jobs & the Economy

Posey Questions Treasury Secretary on Effectiveness of Stimulus

| Posted in Press Releases

At a joint hearing of the Agriculture and Financial Services Committee today, Congressman Bill Posey (R-Rockledge) questioned Treasury Secretary Tim Geithner on the effectiveness of the $1.2 trillion stimulus in light of the rising unemployment rate and low levels of consumer confidence. “Unemployment is at a 26 year high of 9.5% and consumer confidence is still relatively low,” said…

Posey Opposes Cap & Trade – National Energy Tax

| Posted in Press Releases

Congressman Bill Posey (R-Rockledge) provided the following statement as he prepared to vote against the Waxman-Markey “Cap & Trade” National Energy Tax legislation. At press time it was uncertain if the bill would proceed to a final up or down vote as Democrat leaders were lacking the votes among their members to secure passage of the bill. The 1500 page energy tax bill was amended…

OP-ED: Bill Posey, pro-con: Let's call cap and trade what it really is, a massive energy tax on every U.S. citizen

| Posted in Articles

Congress is considering legislation that has the potential to raise your energy bills significantly, along with the price of just about everything you buy. Estimates on how much the 900-page Waxman-Markey Cap and Trade National Energy Tax legislation could cost vary, but estimates range between $750 and $3,100 per family per year. Washington typically low balls the cost of things,…

OP-ED: As I See It: Washington is finding itself very much out of touch - by Congressman Bill Posey

| Posted in Articles

Congress should not be passing legislation that makes it more expensive for Americans to fill the gas tank and drive to Florida for a vacation. It should not pass legislation that raises airline fuel taxes and ticket taxes. And, it should not be mandating a $1,600-$3,000 energy tax on every family in America – especially now when our economy is struggling. But, that is exactly what…

The Spending Reform Act of 2009 (H.R. 311)

| Posted in Legislation

Congressman Posey is a co-sponsor of the Spending Reform Act of 2009, which caps discretionary spending, eliminates wasteful and duplicative agencies, reforms entitlement programs and reforms the congressional earmark process. The Spending Reform Act of 2009 is a starting point for both parties to work together to cut wasteful spending, begin balancing the federal budget and address…

The Thrift Store Protection Act (H.R. 1027)

| Posted in Legislation

Congressman Posey introduced H.R. 1027, the Thrift Store Protection Act, to exempt certain products sold by second hand sellers and charities from over-regulation stemming from legislation passed by Congress. He was joined by Rep. Bobby Bright (D-AL) in introducing this bill. Specifically, the Thrift Store Protection Act would exempt second-hand sellers from Public Law 110-314’s (The…

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