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Taxes & Fiscal Responsibility

House Passes Bill to Fight Hunger, Promote Charitable Giving

| Posted in Press Releases

With the support of Congressman Bill Posey (R-Rockledge), the U.S. House of Representatives passed legislation to aid in the fight against hunger and help promote charitable giving by making certain tax deductions for charitable donations permanent. The America Gives More Act (H.R. 644) was approved with a bipartisan vote of 279 -137. “In order to fulfill their respective missions,…

Posey: Omnibus Bill Product of Broken Budget Process

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Congressman Bill Posey (R-Rockledge) released the following statement concerning today’s vote on H.R. 83, the Consolidated and Further Continuing Appropriations Act, 2015: “Washington needs to get serious real fast about fixing our broken budget process,” said Congressman Posey. “Last week our national debt climbed past $18 trillion dollars, a major milestone that went virtually…

Posey Requests GAO Review the AAF Loan Application Over Any Potential Risk to Taxpayers

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Congressman Bill Posey (R-Rockledge) has written to the Comptroller General of the United States requesting that the Government Accountability Office (GAO) initiate its own viability study of the All Aboard Florida high speed rail project. Below is the text of his letter: It is my understanding that the Federal Railroad Administration (FRA) – an operating entity of the U.S.…

Financial Services Subcommittee Holds Hearing on Posey Legislation to Protect Auto, Home and Life Insurance Policyholders

| Posted in Press Releases

The House Financial Services Subcommittee on Housing and Insurance held a hearing today which focused discussion on bipartisan legislation (H.R. 605, H.R. 4557) introduced by Congressman Bill Posey (R-Rockledge) to protect insurance policyholders by eliminating provisions buried deep in the Dodd-Frank financial reform law that essentially permits the federal government to force your…

House Passes Bill to Delay Health Care Tax Penalty for Families and Workers

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With the support of Congressman Bill Posey (R-Rockledge), the House passed legislation on a bipartisan vote of 250 to 160 to provide relief to individuals and their families by delaying the health care law’s individual mandate tax penalty for one year. The President recently provided the same delay to large multi-national corporations but has not acted to protect families and individuals…

House Passes Legislation to Repeal Health Care Law

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WASHINGTON, DC – Congressman Bill Posey (R-Rockledge) released the following statement regarding today’s vote on legislation he cosponsored which fully repeals the Obamacare law: “The Administration is carrying out a dangerous experiment on our families, our businesses and the overall economy,” said Posey. “The problem with passing a massive, complicated bill like Obamacare is that…

House Passes Responsible Plan to Balance the Budget and Make a Down Payment on the Debt

| Posted in Press Releases

With Congressman Bill Posey’s (R-Rockledge) support the U.S. House of Representatives passed a ten-year plan to balance the federal budget which reforms the complex tax code, preserves and protects vital retirement programs with NO changes for current or approaching retirees, and holds agencies accountable for how they spend tax dollars. The House-passed budget plan reduces deficits by…

House Passes Legislation to Help Americans Get Back to Work

| Posted in Press Releases

This week, the U.S. House of Representatives passed legislation with the support of Congressman Bill Posey (R-Rockledge) to help out of work Americans prepare for new careers and get back in the workforce. While the unemployment rate ticked-down last month, the labor force participation rate again dropped to 63.5%, it’s lowest since 1981. “There are more than twelve million Americans…

House Passes Bill to Require Plan to Balance the Budget

| Posted in Press Releases

The House of Representatives today passed legislation that was co-sponsored by Congressman Bill Posey to require the administration to submit a plan to balance the budget. Below is Congressman Posey’s floor statement on passage of H.R. 444, the Require a PLAN Act: “A nation that does not operate on a budget is plagued by irresponsible spending with bloated budgets, unfathomable debts…

Congressman Posey’s Statement on Taxes and Spending

| Posted in Press Releases

The bill that passed the Senate at 2 A.M. this morning (H.R. 8) was an amended version of a bill that was originally passed by the House on August 1, 2012.  H.R. 8 had been awaiting Senate action for nearly five months. Congressman Posey (R-Rockledge) released the following statement regarding that bill and his hopes for enacting Middle Class tax relief: “On August 1st, I voted…

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