185 results for tag: Budget


Daily Signal: Spending cuts are better for the economy than tax hikes

Thanks to President Trump, the recently passed Tax Cuts and Jobs Act is a great first step to reviving business confidence in the U.S and boosting economic growth. However, if the Republican party doesn’t follow through on their campaign promise to minimize spending, America will take two giant leaps backward. The Daily Signal has the details: Some point to the deficit as a reason to raise taxes. But new research shows that spending cuts are superior to tax hikes when it comes to reducing the deficit. This should embolden lawmakers to pursue spending reductions in this year’s budget resolution, giving particular focus to reducing entitlem...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 2/19/18

CALENDAR: Both the House and the Senate are out of session this week for the Presidents’ Day holiday. They’ll both return on Monday, February 26. LAST WEEK ON THE HOUSE FLOOR: The House returned to work on Tuesday, and took up and passed two bills under Suspension of the Rules. On Wednesday, the House passed a Rule governing consideration of several bills in the queue. Then the House passed two bills under Suspension of the Rules. Then the House took up and passed H.R. 3978, the TRID Improvement Act, by a vote of 271-145. Next up was H.R. 3299, the Protecting Consumers Access to Credit Act, which passed by a vote of 245-171. On ...

Rep. Mark Meadows: This spending proposal is disgusting and reckless

After eight years of reckless spending under the Obama administration, Senate Majority Leader Mitch McConnell and Senate Minority Leader Chuck Schumer managed to strike a so-called budget “deal” that fails to serve the American people and only prolongs their suffering. Breitbart has House Freedom Caucus Chairman Mark Meadows’ take on the reckless deal: The budget deal between Chuck Schumer and Mitch McConnell will increase defense and domestic spending by roughly $400 billion over the next two years; the Defense Department’s budget will rise by $80 billion and domestic spending will increase by $63 billion in 2018 alone. The budget deal ...

Quin Hillyer: The Senate budget deal is overwhelmingly irresponsible

The Senate budget deal worked out on Wednesday should be vetoed by President Trump immediately – if it passes Congress, that is. The agreement would bust budget caps for military spending and it would create an explosion in domestic discretionary spending that is unaffordable to a nation already suffering from years of massive deficit spending. The Washington Examiner has conservative columnist Quin Hillyer's take on the so-called deal: A nation already reeling from years of massive deficit spending, including a demonic $666 billion deficit in the most recently completed fiscal year, cannot afford this new profligacy. The new spending will ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 1/29/18

CALENDAR: The House will return Monday, and stay through Wednesday. Then House Republicans will go off to their annual retreat. The Senate will return Monday, and stay in session through Thursday. On Tuesday evening at 9 PM EDT, President Trump will deliver his first official State of the Union address. LAST WEEK ON THE HOUSE FLOOR: At 6:09 PM last Monday evening, the House voted on H.R. 195, the vehicle for the Continuing Resolution that had earlier that day passed the Senate. The CR passed, by a vote of 266-150, and was then sent to the President for his signature. And then they were done. THIS WEEK ON THE HOUSE FLOOR: It’s going ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 1/22/18

CALENDAR:   The House was set to be on recess this week, but those plans have changed as a result of the ongoing temporary partial government shutdown. The Senate will Monday, and stay in session through Friday.   LAST WEEK ON THE HOUSE FLOOR:   The House came back to work last Tuesday and passed two bills under Suspension of the Rules.   On Wednesday, the House passed the Rule for consideration of H.R. 3326, the World Bank Accountability Act, and H.R. 2954, the Home Mortgage Disclosure Adjustment Act. Then the House passed H.R. 4258, the Family Self-Sufficiency Act, under Suspension of the Rules. Then the House passed ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 1/15/18

CALENDAR: The House will return Tuesday, and stay in session through Friday. The Senate will also return Tuesday, and stay in session through Friday. LAST WEEK ON THE HOUSE FLOOR: The House came back into session on Monday for a quorum call. On Tuesday, the House passed three bills under Suspension of the Rules. On Wednesday, the House passed two Rules, and then passed S. 140, to amend the White Mountain Apache Tribe Water Rights Quantification Act of 2010. Then the House passed H.R. 4567, the DHS Overseas Personnel Enhancement Act of 2017, under Suspension of the Rules. On Thursday, the House took up S. 139, the FISA Amendments ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 1/8/18

CALENDAR: The House will return Monday, and stay in session through Thursday. The Senate will also return Monday, and stay in session through Thursday. LAST WEEK ON THE HOUSE FLOOR: The House was not in session last week. THIS WEEK ON THE HOUSE FLOOR: The House will return Monday, with the first vote set for 6:30 PM. On Tuesday, they’re scheduled to try to take up 15 bills under Suspension of the Rules. On Wednesday, the House will take up S. 140, to amend the White Mountain Apache Tribe Waters Rights Quantification Act of 2010. On Thursday, the House will take up S. 139, the FISA Amendments Authorization Act of 2017. And ...

Dear President Trump: We have high hopes for 2018 following a stellar 2017

Tea Party Patriots and our supporters would like to congratulate President Trump on a tremendous first year in office and we are grateful for all that we’ve accomplished together in 2017. As we move into 2018, we wanted to communicate a list of issues that are very important to the tea party movement and ensure that you will have our support if you drive these issues in 2018: End the congressional exemption from ObamaCare Repeal ObamaCare Secure our borders and implement an 'America First' immigration policy Confirm more conservative judges to the federal judiciary A balanced budget amendment Promote term limits for ...

The passage of tax reform brings back the bull market

It’s been two weeks since the GOP tax reform package was signed into law and we’re already seeing a rise in the stock market. The Dow closed at 25,000 for the first time in history today and it’s only going to get better for businesses and investors. Fox Business has the story: The White House forecasts that U.S. growth could reach 4% once the economy experiences the full effects of the tax reform law, and any materialized gain in GDP would be building upon an already solid foundation. In the third quarter of 2017, the U.S. economy grew at 3.2%, the fastest rate since the first quarter of 2015 and also the first time since 2014 that the ...