Congressman Bill Posey released the following statement in regards to tonight’s State of the Union Address:
“It was a good speech but the real test will come in a few weeks when we see if the President’s budget plan matches up with what was said tonight,” said Congressman Posey.
“We need to enact policies which will create the right kind of environment for businesses of every size… Read more »
U.S. Representative Bill Posey (R-Rockledge) was sworn-in this afternoon for a second term as a Member of the United States House of Representatives vowing to make job creation and accountability his top priorities. Today marks a shift in control of the House as Representative John Boehner (R-OH) becomes the new Speaker with a 242 –193 Republican majority. The first order of the House… Read more »
By a one-vote margin, the U.S. House of Representatives adjourned without addressing many pressing issues facing the American people including a massive $4 Trillion tax increase set to take effect January 1, 2011. Postponing action on this tax relief will hinder economic recovery and job creation. Failure to act will cost the 15th Congressional District about $1.3 billion over the next 10… Read more »
In a hearing of the House Financial Services Committee today, Congressman Bill Posey (R-FL) continued to press U.S. Securities & Exchange Commission (SEC) Chairwoman Mary Schapiro for more answers into why the agency failed to act on overwhelming evidence that now convicted investor Bernard Madoff was running history’s largest ponzi scheme and why, to this day, no one within the SEC… Read more »
A new study conducted by Senators Tom Coburn (OK) and John McCain (AZ) details 100 projects funded through taxpayer dollars in the $786 billion stimulus bill passed by Congress in February 2009. The stimulus, which was only made public 12 hours before debate began on the floor of the House of Representatives, was sold to Members of Congress and the public as a way fund shovel ready… Read more »
At a Financial Services Subcommittee Hearing today, Congressman Bill Posey questioned the U.S. Securities & Exchange Commission (SEC) Chairwoman Mary Shapiro about what disciplinary action the SEC has taken against employee malfeasance in the Bernard Madoff case.
Video of Congressman Posey’s Q & A with the SEC Chairwoman can be seen HERE.
For more than a decade, the SEC… Read more »
Today the House narrowly passed H.R. 4173, the Restoring American Financial Stability Act of 2010, which codifies into law the principle of “Too Big to Fail” when it comes to troubled Wall Street financial firms and puts the American taxpayer on the hook for future bailouts. The legislation dips into the TARP fund for nearly $20 billion, using it as a slush fund and guaranteeing that it… Read more »
Congressman Bill Posey (R-Rockledge) applauded Speaker Nancy Pelosi’s new House rules change that bans all Members of Congress from flying first class on the taxpayer’s dime. To help the Speaker enforce the new rules, Posey is offering an amendment to the FY 2011 Defense Authorization bill which requires the Speaker to lead by example and also fly coach, a move that would save taxpayers… Read more »
Today Congressman Bill Posey received the “Defender of Liberty Award” from the American Conservative Union (ACU) in recognition of his commitment to America’s core principles, the nation’s Constitution, and for his 100% conservative score in the 2009 Annual ACU Ratings of Congress. ACU grants the award to Members of Congress who have displayed a record of protecting liberty and fighting… Read more »
Today the House of Representatives passed legislation with the support of Congressman Bill Posey to prevent Members of Congress from receiving an annual cost of living increase for 2011.
“I’m happy to help pass this legislation,” said Congressman Posey. “I gave back the raise Congress voted itself in 2008, the year before I arrived in Congress, and have cosponsored other measures to… Read more »
