Browse by Month:

Posts Tagged ‘take over’

Rep. Culberson’s Statement on the Two-Year Anniversary of the Affordable Care Act

Washington, DC – Congressman John Culberson (TX-07) issued the following statement on the second anniversary of the President’s health care law:

“Today marks two years since the President signed the flawed Affordable…

Continue reading Rep. Culberson’s Statement on the Two-Year Anniversary of the Affordable Care Act

$145 Billion and Counting

Fannie Mae and Freddie Mac’s blank check from the Treasury Department poses a huge risk to the American taxpayer. Just this week, Fannie and Freddie asked for an additional $8.4 billion and $10.6 billion in federal aid after posting massive losses. This brings total taxpayer assistance to $145 billion. Both Fannie Mae and Freddie Mac have acknowledged that further losses are imminent, and the Congressional Budget Office estimates that Fannie and Freddie ultimately will cost taxpayers $389 billion.

Continue reading $145 Billion and Counting

Tax Increases in the Senate Health Care Bill

The House will soon vote on H.R. 4872, the Senate-passed health care bill. H.R. 4872 increases taxes by $569.2 billion over ten years, which will harm small businesses and middle-class families in the middle of an economic downturn. The Senate bill also employs a trick by implementing 10 years of tax increases and cuts to Medicare in order to pay for just 6 years of benefits.

Continue reading Tax Increases in the Senate Health Care Bill

America Can’t Afford Another Entitlement Program

Over the past year, Americans have said in every possible way – through letters, phone calls, town hall meetings, and elections – that they do not want a government takeover of health care. Today, the president will once again deny the American people the right to a clean start with health care reform, instead opting to push through his own agenda.

Continue reading America Can’t Afford Another Entitlement Program

Senate Democrats Unveil a Formal Government Takeover of Health Care

Rather than thoughtful policy, the Senate health care bill includes countless political handouts.

Continue reading Senate Democrats Unveil a Formal Government Takeover of Health Care

Financial Regulatory Reform Update

This week, the liberal majority plans to vote on a financial regulatory reform bill that will radically change the way markets function and vastly expand the federal government’s regulation of the free market. Although the House leadership argues this is necessary to address the problems plaguing the economy, the legislation will not create a single private-sector job, and this bill will not fix the problems of the economic crisis. Instead, at every turn, this bill expands government bureaucracy and red tape.

Continue reading Financial Regulatory Reform Update

Top Ten Tax Increases Included in H.R. 3962

1. SMALL BUSINESS SURTAX (Sec. 551, pg. 336)……………..$460.5 BILLION

Continue reading Top Ten Tax Increases Included in H.R. 3962