1/30/2009 Weekly Washington Update From Congressman Jeb Hensarling
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1/23/2009 Weekly Washington Update From Congressman Jeb Hensarling
The economy is in turmoil, working families have challenges, and Speaker Nancy Pelosi has introduced an $825 billion package that is not an economic stimulus bill, but rather a government stimulus bill. This bill is going to cost each American family almost $10,522, it grows 150 government programs, and creates 32 new programs—19 of which the Office of Management and Budget show are ineffective and can show absolutely no results. Further, only 7% of the proposed funds can be spent in the first year, according to the Democrat-controlled budget office. Again, this isn’t a bill to help the economy, it is a bill to help big government, and they’re using economic turmoil to release 15 years of pent-up demand for big government programs.
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1/16/2009 Weekly Washington Update From Congressman Jeb Hensarling
This week, Congress considered releasing the remainder of the $350 billion from the Troubled Assets Relief Program (TARP). I must admit I find it somewhat ironic that the biggest critics of the $700 billion bailout are the very people who wrote the bailout legislation. Many are shocked at the lack of transparency and what they would view as the apparent lack of effectiveness. Again, these are the people who wrote the bill. I think the latest legislation requesting an additional $350 billion is an admission that they did not get it right in the first place. I am not trying to assess blame because there were members on both sides of the aisle who supported that legislation in good faith; however, I was not among them. I supported an alternative piece, but I say this to point out that here is another piece of legislation that is being rushed to floor. Haste makes waste.
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1/2/2009 Weekly Washington Update From Congressman Jeb Hensarling
I came to the U.S. House of Representatives six years ago because I believe in greater freedom. However, you simply cannot have more freedom and more government; you have to choose between one or the other. Sometimes, especially at a time of challenging economic times, you have to decide which is more important—a government check or a paycheck. Right now the government is increasingly taking a bite out of the family paycheck to pay for bloated Washington spending. Some will say that government has great needs, but it’s not always how much you spend in Washington that counts, but rather how you spend the money.
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12/19/2008 Weekly Washington Update From Congressman Jeb Hensarling
In just one year Washington managed to pass a $700 bailout bill for Wall Street, a multi-billion bailout for the auto industry, and a budget calling for the single largest tax increase in American history. Enough is enough.
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