Today, the U.S. House of Representatives approved a 1200-page omnibus spending bill for Fiscal Year 2012 bringing total discretionary spending to more than $1.053 trillion, several billion more than last year's spending level. Congressman Bill Posey voted against the legislation, which spends $31.6 billion more than the House passed budget plan and nearly $10 billion more than the… Read more »
With the support of Congressman Bill Posey (R-Rockledge), the House of Representatives passed legislation to make high cost federal regulations subject to Congressional approval. The Regulations from the Executive in Need of Scrutiny Act or REINS Act provides a check on the authority of federal regulators to create rules and regulations found to have a major cost on the economy.
“This… Read more »
Sadly, today the House failed to pass a Balanced Budget Amendment to the Constitution by a vote of 261 – 165. Congressman Bill Posey (R-Rockledge) supported the Amendment, however passage required a 2/3 majority. Below is Congressman Posey’s statement for the Congressional record:
“Nearly every state in the union is required to balance its budget each year, including my home state of… Read more »
Congressman Posey introduced legislation to eliminate a generous death benefit set aside for the family of Members of Congress who pass away during the term of their service. The Congressional death gratuity was initially intended decades ago as a form of life insurance for families of Members of Congress. The benefit in the amount of an entire year’s salary is payable to the survivor of… Read more »
Congressman Posey introduced the ASAP Act or the Assure Servicemembers Are Paid Act to require that in the event of a government shutdown, our military men and women defending our nation continue being paid without delay. The United States enjoys the benefits of an all volunteer, professional military force. Many of the families of junior enlisted service members are surviving paycheck to… Read more »
U.S. Representatives Bill Posey (R-FL) and Virginia Foxx (R-NC) were joined by 5 of their colleagues in introducing legislation (H.R. 3127) to eliminate a generous death benefit set aside for the family of Members of Congress who pass away during the term of their service.
“I believe Members of Congress should do what other Americans do, purchase their own life insurance.” said Posey.… 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 »
Today, U.S. Representative Bill Posey (R-FL) and U.S. Senator John Barrasso (R-WY) re-introduced the Maintaining Agency Direction on Financial Fraud Act or MADOFF Act. The Act blocks the Security and Exchange Commission’s (SEC) requirement that companies disclose the impacts of climate change on their businesses.
“I think the SEC has its priorities wrong,” said Posey. “We know the SEC… Read more »
