In a recent letter to Federal Reserve Chairman Ben Bernanke, Congressman Bill Posey joined with 25 of his fellow House Members in calling for documents detailing the Fed’s handling of the AIG bail-out to be made available to Members of the House Financial Services Committee and its staff. Aides to the Senate Committee on Banking, Housing, and Urban Affairs have already been granted access… Read more »
Today, Congressman Bill Posey introduced the Deficit Reduction Check-Off Act, legislation designed to give the American people a stronger voice in reigning-in out of control government spending. Posey’s bill, H.R. 4308, which already has the support of 17 of his colleagues, would create a means by which the American taxpayer could put a small portion of their tax refunds toward deficit… Read more »
Congressman Bill Posey (R-Rockledge) joined 173 of his House colleagues in writing to Speaker Pelosi requesting a clean Defense Appropriations bill that only funds the troops and not a list of unrelated items that may have problems passing on their own merits. The letter was sent on the eve of news that Speaker Pelosi was considering using the Defense bill to authorize another $1.9… Read more »
Congressman Bill Posey was joined by 30 of his colleagues in introducing legislation to amend Rules of the House to require a 72 hour period of availability before legislation can be brought up for consideration in the House of Representatives. The bill, H. Res. 689, also requires that a print comparing current law with the proposed law be made available to Members of Congress and the… Read more »
Congressman Posey introduced legislation with 34 of his colleagues to amend rules of the House to require a 72 hour period of availability before legislation can be brought up for consideration in the House of Representatives. The bill, H. Res. 689, also requires that a print comparing current law with the proposed law be made available to Members of Congress and the public for at least… Read more »
At a joint hearing of the Agriculture and Financial Services Committee today, Congressman Bill Posey (R-Rockledge) questioned Treasury Secretary Tim Geithner on the effectiveness of the $1.2 trillion stimulus in light of the rising unemployment rate and low levels of consumer confidence.
“Unemployment is at a 26 year high of 9.5% and consumer confidence is still relatively low,” said… Read more »
Congressman Posey introduced the Deficit Reduction Check-off Act (H.R. 4308), legislation to add a new “Deficit Reduction Check-Off” line to IRS tax forms. Individuals would be given the opportunity to direct up to $10 of their tax rebate/refund for deficit reduction ($20 for joint filers). While the individual’s tax return would only be reduced by a maximum of $10, Posey’s bill directs… Read more »
A non-partisan educational foundation has created an online calculator to help families determine how much the Waxman/Markey “Cap & Trade” National Energy Tax bill will cost them every year. The Tax Foundation’s Household Cap-and-Trade Burden Calculator is based upon a study released in March which shows that a cap-and-trade system designed to reduce greenhouse gas emissions by 15… Read more »
Congressman Posey is a co-sponsor of the Spending Reform Act of 2009, which caps discretionary spending, eliminates wasteful and duplicative agencies, reforms entitlement programs and reforms the congressional earmark process.
The Spending Reform Act of 2009 is a starting point for both parties to work together to cut wasteful spending, begin balancing the federal budget and address… Read more »
