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 Congressman Bill Posey (R-FL) was joined by 6 of his House colleagues in introducing legislation to ensure the timely payment of Social Security benefits to senior citizens. Last week, the President warned that he could not “guarantee” that Social Security benefits would be paid to retirees if a deal could not be reached on the debt ceiling.
“The President is essentially saying… 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 »
U.S. Representative Bill Posey (R-Rockledge) released the following statement regarding the case of Laura Cerna:
“My staff and I have been assisting in this tragic case and working with other Members of Congress to raise our concerns with Spanish officials since the Cerna family contacted my office in October. This is a heartbreaking situation and sadly, in my view, Spanish judicial… Read more »
Congressman Bill Posey (R-Rockledge) today voted in support of two resolutions concerning the ongoing U.S. military action in Libya. The House considered H. Res. 292, which declares that the President shall not deploy members of the United States Armed Forces on the ground in Libya, and H. Con. Res. 51 which directs the President to remove the United States Armed Forces from Libya,… Read more »
Congressman Bill Posey (R-FL) was joined by 17 of his House colleagues in introducing legislation to aid economic recovery by preventing federal bank regulators from arbitrarily penalizing community banks for working with borrowers to modify their loans or accepting mortgage payments from someone other than the borrower. Since the 2008 financial crisis, federal bank regulators have been… Read more »
Congressman Bill Posey (R-Rockledge) released the following statement applauding Florida Governor Rick Scott for filing a petition against the Environmental Protection Agency (EPA) regarding the impending numeric nutrient regulations:
“I applaud Governor Scott for petitioning the EPA to withdraw EPA regulations that single out the state of Florida for more onerous regulations. These… Read more »
Congressman Posey released the following statement regarding a possible government shutdown:
“Yesterday the House passed a bill that would (1) fund all federal agencies for one more week so that negotiations could be completed on the larger bill, (2) fund the Department of Defense through the rest of the year so that our troops get paid, (3) and cut $12 billion in federal spending… Read more »
With the support of Congressman Bill Posey, the House of Representatives yesterday overwhelmingly passed legislation to end taxpayer financing of presidential campaigns and party conventions.
“During his State of the Union Address last night, the President said he was willing to eliminate whatever we can honestly afford to do without,” said Congressman Posey. “Public funding of… Read more »
