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112th Congress

Smith Statement on Free Trade Agreements

The agreements with Colombia, Panama and South Korea are jobs bills that will immediately help our economy and create opportunities for American businesses to grow.

These three agreements could help create 250,000 American jobs and boost our gross domestic product by over $10 billion –without increasing government spending. In the 21st district there are over 47,000 jobs directly supported by exports, according to the Chamber of Commerce. I support the trade agreements to increase competitiveness for American manufacturers.   Read more »

at Oct 12, 2011 5:39 PM
       

S&P Decision the Latest Consequence of Washington’s Spending Binge

Speaker Boehner Pres Office - Following another disappointing jobs report and S&P’s decision on the United States’ credit rating, Rep. Michael Grimm (R-NY) urged President Obama in the Weekly Republican Address to abandon his ‘stimulus’ policies and support solutions that will promote long-term economic growth -- solutions like a Balanced Budget Amendment to the Constitution and the House-passed Path to Prosperity budget which would preserve and protect our entitlement programs from bankruptcy. Watch the address here and read more below:

    at Aug 8, 2011 3:12 PM
           

    As Debt Surpasses GDP, Pelosi Says No More Spending Cuts

     

    NRCC - DEBT NOW GREATER THAN 100% OF GDP; TRANSLATION: AMERICA OWES MORE THAN THE SIZE OF THE ECONOMY. “US debt shot up $238 billion to reach 100 percent of gross domestic project after the government's debt ceiling was lifted, Treasury figures showed Wednesday. …

    “The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.”

    at Aug 6, 2011 10:31 AM
           

    Pete Sessions Statement on July Jobs Report

    Today, I released the following statement in response to the Department of Labor’s July jobs report:

    Today’s jobs report once again reinforces how Washington Democrats’ policies continue to fail to create American jobs. With only 117,000 jobs created in July, this weak report once again shows that our lagging economy is well behind creating the 200,000 to 250,000 jobs per month needed over a period of time to drive down unemployment.

    at Aug 5, 2011 12:41 PM
           

    A Bankrupt Nation Keeps on Spending: Congress Fails Once Again to Solve the Nation’s Fiscal Problems

    After months of meetings, speeches, threats and dire warnings of a US government debt default, Congress this week finally gave in to the pressure and passed another massive debt ceiling increase. It was a great show for the media and for the political class which followed every move like as if it were a Super Bowl game in progress, but in the end nothing really significant was accomplished.

    The net result of this “grand compromise” is that the United States government will continue to spend itself into bankruptcy. Besides raising the debt ceiling

    at Aug 2, 2011 6:05 PM
           

    Cornyn to Support Budget Control Act of 2011

    Today I announced I will support the Budget Control Act of 2011 and released this statement:

    Last November the message from the American people was crystal clear: end reckless, out-of-control spending and return fiscal sanity to Washington. The American people made their voices heard, and their impact has been monumental.   Read more »

    at Aug 1, 2011 7:09 PM
           

    Does it really matter who won?

    Regardless of who is declared the winner in the current debt ceiling debacle, the loser will be Obama for a simple reason, Obama owns the economy and the economy sucks. No matter how the mainstream media handicaps this, the reality is that Obamanomics has failed. If unemployment is still high in 2012 and the economy is sputtering, it will be hard for Obama to win. While many

    at Aug 1, 2011 9:47 AM
           

    Dems Keep Job-Destroying Default Clock Ticking With Political Games

    NRCC - Senate Majority Leader Harry Reid’s deficit plan is the only plan that at this point hasn’t passed a single house of Congress, and may not pass any house of Congress:

    REID PLAN REJECTED BY THE HOUSE: (H.R. 2693, Sen. Harry Reid’s “Budget Control Act of 2011,” Rejected 7/30/2011)   Read more »

    at Jul 31, 2011 11:36 AM
           

    Stand Or Flinch On The Boehner Bill In The Debt-Ceiling Debate?

    I read the threads from last night and this morning about whether as Allen West has, conservatives should accept the Boehner plan and abandon the tea party insistence that there should be NO debt increase without spending cuts that are immediate and greater than the amount of the increase, AND there should be the issuance to the states of a Balanced Budget Amendment to The Constitution. Conservatives, some say, should take what they have already gained, no tax increase and spending cuts above the debt-ceiling increase and move on: leave the rest to the responsibility of The Senate and the President.

    at Jul 29, 2011 5:29 PM
           

    Debt Ceiling Update

    As Congress continues to navigate this urgent and complicated debt crisis, you can count on me to do the right thing for the right reasons and to approach every vote as a free market, constitutional conservative. I have cosponsored a Balanced Budget Amendment to the Constitution every session since 2001, and I am an original cosponsor of the Cut, Cap and Balance plan that puts America on track for a balanced budget. I will continue to strenuously oppose any tax increases, while pushing hard for massive spending cuts and enforceable spending caps.   Read more »

    at Jul 29, 2011 1:45 PM
           

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