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 »
Congressman Bill Posey (R-Rockledge) released the following statement which was entered into the Congressional Record to honor the men and women of America’s Space Shuttle Program:
“Today is a bittersweet day for Florida’s Space Coast, for the space program, and for the nation. As Atlantis touched down at 5:57 AM today, July 21, 2011, at Kennedy Space Center, another era of… 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 »
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 »
Congressman Bill Posey (R-Rockledge) recently introduced legislation naming a U.S. Post Office in Cocoa in honor of Harry T. and Harriette Moore. The Moores are celebrated locally and nationally as leaders in the modern civil rights movement. The entire Florida Congressional delegation has cosponsored Posey's bill.
“This bill commemorates the Moores’ legacy in a town where Mr. Moore… Read more »
Today Space Shuttle Atlantis (OV-104) made its 33rd and final launch into space marking the end of the U.S. Space Shuttle program and the end to America’s ability to access space for the foreseeable future. Upon completion of its final mission, STS-135, Shuttle Atlantis will be retired to its permanent home at Central Florida’s Kennedy Space Center.
“I salute our brave Astronauts and… 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 »
Congressman Bill Posey (R-FL) released the following statement in honor of our nation’s July 4th celebrations:
“As we commemorate Independence Day this year I wanted to take a moment to thank our military men and women, and our veterans for their service to our nation. Without the dedication of service members who have made the conscious decision to make great personal sacrifices, up… Read more »