Budget

Javier Palomarez, USHBC President, Endorses Balanced Budget Amendment to the U.S. Constitution

| Posted in In the News
Tags: Budget

President & CEO of the United States Hispanic Business Council (USHBC), endorses H.R.9353 - Proposing a balanced budget amendment to the Constitution of the United States. Palomarez states: “From the perspective of small businesses, a Balanced Budget Amendment to the United States Constitution would be healthy for our economy. Our federal deficit is making it increasingly…

Bacon Issues Statement on Biden’s Objection to Pay Raise for Military

| Posted in Press Releases

Bacon Issues Statement on Biden’s Objection to Pay Raise for Military Washington - Rep. Don Bacon (NE-02), chairman of the House Armed Services Committee’s Cyber, Information Technologies, and Innovation Subcommittee and Quality of Life Panel, issued the following statement in response to President Biden’s objection to the 15% pay raise for junior enlisted servicemembers in the…

Bacon Introduces Income Tax Relief Bills for Americans

| Posted in Press Releases

Bacon Introduces Income Tax Relief Bills for Americans Washington – Rep. Don Bacon (NE-02) today announced he was introducing two bills to help alleviate some of the financial burden many Americans carry - H.R. 7870 the Tip Tax Termination Act and H.R. 8194 the Second Job Tax Relief Act of 2024. Due to the Biden Administration’s out-of-control spending policies…

On Tax Day, Gottheimer touts efforts to lower taxes

| Posted in In the News

U.S. Rep. Josh Gottheimer, D-5th District, held a press conference Monday at H&R Block in Emerson to announce actions toward lowering taxes for families and small businesses here in New Jersey. Local officials, residents and stakeholders joined Gottheimer. “Families across the state and country are rooting for a refund this Tax Day. But, for far too many Jersey families and small…

US Congress Rushes To Approve Spending Bills Before Shutdown Deadline

| Posted in In the News

Lawmakers are racing Friday to pass the final spending package needed for the current budget year, a long overdue action that will set funding for federal agencies and push any threats of a government shutdown to the fall. With spending set to expire for several key federal agencies at midnight Friday, the House and Senate are expected to take up to spare a $1.2 trillion measure that…

Bacon Issues Response to Biden’s SOTU

| Posted in Press Releases

Bacon Issues Response to Biden’s SOTU Washington. – Rep. Don Bacon (NE-02) issued the following response after President Biden’s State of the Union Address: "Pres. Biden missed the mark tonight on border security and inflation. He failed to acknowledge his responsibly for the mess at our borders. He ended the ‘Remain in Mexico’ policy; he sued the State of Texas for protecting itself…

Bacon Votes to Cut Deficit and Get Financial House in Order

| Posted in Press Releases
Tags: Budget

Bacon Votes to Cut Deficit and Get Financial House in Order  Washington – Rep Don Bacon (NE-02) issued the following statement after voting for the Inflation Reduction Act:  “The United States is $32T in debt and the Biden budget projected $19T more deficits in the coming decade. This is unsustainable and puts our country on a fiscal house of cards. The…

Don Bacon speaks on debt ceiling vote, plans to approve

| Posted in In the News
Tags: Budget

Representative Don Bacon says he plans to vote to approve raising the debt ceiling when the deal comes to a vote on Wednesday. “It’s not as much as we wanted, it’s more the democrats wanted, that’s how compromises work,” Bacon told 6 News. “Now we need to curtail spending, and we’re going to curtail some spending, but we also need to raise the debt ceiling. I’ll be voting yes on…

Bacon calls on Biden to “Meet Us at the table!”

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Tags: Budget

Bacon calls on Biden to “Meet Us at the table!” Washington - Rep. Don Bacon (NE-02) issued the following statement regarding the debt ceiling and the use of the 14th Amendment: “The 14th Amendment does not give the President the unliteral authority to start writing checks wherever he wants. To even consider this abuse of power is reprehensible and shows what…