As the President delivers his latest economic recovery speech before a joint session of Congress, U.S. Representative Bill Posey (R-FL) is urging the Administration to put the brakes on new federal regulations and begin the process of examining the impact these rules have on the economy and job creation.
“I’ve got a 3 foot stack of new and proposed federal regulations on my desk in… Read more »
Congressman Bill Posey (R-Rockledge) will host an Entrepreneur Summit in Indian River County to bring together various entrepreneurs from across the 15th Congressional District to showcase their innovative technologies to the public and potential investors. The Entrepreneur Summit will take place at the Richardson Center at Indian River State College’s Mueller Campus on Wednesday,… Read more »
Congressman Bill Posey (R-Rockledge) released the following statement regarding his vote against the debt limit deal:
“Our nation is deep in debt and plummeting deeper in the red every day. The Federal government is spending way beyond its means. The credit ratings agencies have warned that the U.S. will lose its AAA credit rating unless Washington enacts a credible, long-term plan to… Read more »
Congressman Bill Posey (R-Rockledge) released the following statement regarding today’s vote:
“Today I joined a bipartisan majority of my House colleagues in rejecting Senator Reid’s bill to give the Administration their requested debt ceiling increase of $2.4 trillion using questionable accounting tricks to fabricate spending cuts. This is not a serious approach to solving our… Read more »
Congressman Bill Posey (R-Rockledge) released the following statement regarding this evening's vote:
“In 1997, the Balanced Budget Amendment to the United States Constitution passed the House of Representatives, but fell one vote short of passage in the United States Senate. That year the national debt was $5.4 trillion. Since that failure, the national debt has grown by 265% to more… Read more »
Congressman Bill Posey (R-FL) released the following statement regarding House passage of H.R. 2560, the Cut, Cap and Balance Act:
“In March of 2006, two years before I arrived in Washington, the Senate was debating a debt limit increase of $781 billion to bring the total national debt to $9 trillion. Then-Senator Obama took to the floor and berated ‘the fact that we are here today to… Read more »
Today bipartisan legislation was filed by U.S. Representatives Bill Posey (R-FL) and Gregory Meeks (D-NY) to prevent the flight of billions of dollars in foreign bank deposits from U.S. banks. The IRS recently proposed overturning a nearly 100 year old policy, without direction from Congress, with a regulation requiring all U.S. banks to report annually on the amount of interest paid to… Read more »
The House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit held a hearing today to consider legislative proposals to address the arbitrary and job-killing bank examination practices of federal bank regulators as applied to local community banks.
Central to the hearing was Congressman Bill Posey’s legislation to halt the recent trend of… Read more »
Congressman Bill Posey (R-Rockledge) will host a fourth Entrepreneur Summit in Brevard County to continue efforts to bring together various entrepreneurs from across the 15th Congressional District to showcase their innovative technologies to the public and potential investors. The Entrepreneur Summit will take place in the Hartley Room at the Denius Student Center of the Florida… Read more »
With the support of Congressman Bill Posey (R-Rockledge), the House of Representatives this evening voted against raising the nation’s $14.2 trillion debt limit by another $2.4 trillion. Over the past 4 years, Congress has voted 6 times to raise the statutory debt ceiling resulting in an additional $5.3 trillion added to the debt. In total, Congress has raised the debt limit 76 times… Read more »
