- House Republicans have proposed a real alternative to going over the fiscal cliff. It’s a plan based on testimony given by President Clinton’s former White House chief of staff, Erskine Bowles, last year.
The plan offers the president $800 billion in new revenues – not through higher tax rates, but through pro-growth tax reform that closes special-interest loopholes and deductions and lowers rates.
It would cut $900 billion in mandatory spending and another $300 billion in discretionary spending, over and above the spending cuts enacted in the Budget Control Act.
How do you feel about a plan like that? What do you like about it? What don’t you like about it? - LikesSee All
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- Big news this morning: I've *officially* been named to the Financial Services Committee for next year. I look forward to serving the 14th district and the state of Illinois!
http://www.youtube.com/watch?v=7sTmyBzf8sk&feature=plcp - Four years later, the government has finally sold its last stake in AIG. I'm sure I'm not the only one who is glad that chapter has closed.
- Just formed a bipartisan Science & National Labs Caucus. Our National Laboratories are crucial to long term economic growth, and they help keep us at the forefront of worldwide innovation.
hultgren.house.gov/press-releases/hultgren-announces-house-science-national-labs-caucus/ - The cat’s out of the bag: I expect to be named to the Financial Services Committee in the next few days. I’m looking forward to representing Chicago- and standing up for fiscal sanity- in this role. Thanks for all of your support!
http://www.chicagobusiness.com/article/20121130/NEWS02/121139980/hultgren-in-line-for-key-banking-panel