Representative Todd Rokita
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  1. If you listened to Garrison today, we talked about the fiscal pothole deal last week, and the need for reforms to our entitlement programs. Here’s a short and quick look at the meaning of last week’s deal, which I voted against, and why it actually makes our long-term spending and debt problem worse.
  2. Recent Posts by Others on Representative Todd RokitaSee All
    • Jack Schrock
      "This year will go down in history. For the first time, a civilized nation has full gun registration. Our streets will be safer, our police more efficient, and the world will follow our lead into the future!" Adolph Hitler, 1935, on "The Weapons Act of Nazi Germany ."
      6 hours ago
    • Ryan Kruse
       "Think of it this way. The US is currently running a $1.3 trillion deficit (that is federal spending less tax revenue). That deficit, significantly one must note, almost exactly matches the amount that is being spent annually on the US military, and on military/intelligence-related activities. The US spends $1.3 trillion a year on a military it does not need. Politicians won't talk about cutting it down to size. In contrast, the federal government budget in 2012 allocated $870 billion for Medicare, Medicaid and all other programs under the aegis of Department of Health and Human Services. The total Department of State budget is $56 billion, and a portion of that is actually for military activities, such as intelligence operations and protection of embassies and consulates. The Department of Agriculture got $150 billion, and that includes the Food Stamp program. Federal spending on education was just $100 billion a year. Social Security is not part of the tax take or the federal budget, as it is all paid from the Social Security Trust Fund, which in turn has been financed by the dedicated payroll tax paid by working people and employers." http://www.nationofchange.org/war-addiction-default-america-s-political-dysfunction-root-unwillingness-cut-war-spending-1357313823
      1 · 20 hours ago
    • Thank you for voting No on the house bill for the fiscal cliff. We are proud of you. Most people do not understand where we are headed BB
      1 · Yesterday at 2:23pm
    • How horrible of you to vote against the much needed relief for victims of Hurricane Sandy. New York sends so much more in taxes to the government than it ever gets back. You have no compassion. You should be ashamed of yourself.
      Yesterday at 8:09am
    • I don't see how you are representing Indiana with being 1 of the 67 that voted against Hurricane Sandy.
      Yesterday at 5:35am
  3. We are in a fiscal crisis, with $16 trillion in debt and another $100 trillion on the way. Just as normal American families do, we have to be willing to cut spending on less important things if we want to pay for emergency expenses.

    Today’s bill failed to do so, and so I reluctantly opposed it.
  4. The slow growth of our economy is a direct result of a federal government that seems to only succeed at causing uncertainty for job creators. Our $16 trillion in debt and the $100 trillion in entitlement spending that is looming in the deca...des ahead, combined with an anti-growth tax code and a maze of federal regulations, make it difficult for any business owner to invest with confidence and to hire more employees. Until we get our fiscal house in order by passing responsible budgets that cut spending and reform entitlements, we’ll never see the real economic growth that America is capable of.See More
  5. Thank you to all the visitors in the DC office today, especially my mother and father who made the trip from Munster.
    Photo: Thank you to all the visitors in the DC office today, especially my mother and father who made the trip from Munster.
  6. I'm honored to represent Indiana's 4th District for second term in the 113th Congress and to also to serve as chair of the Early Childhood, Elementary, and Secondary Education Subcommittee on the House Committee on Education and the Workforce.
  7. At 6:30 (re-air at 8:05) tonight, I'll be discussing fiscal pothole on The Daily Wrap from The Wall Street Journal with Michael Castner Listen live here:
  8. I was honored to be selected as Chairman of the House Committee on Education and the Workforce's Subcommittee on Early Childhood, Elementary, and Secondary Education by Chairman Kline.

    Indiana has helped lead the way with groundbreaking ed...ucation reforms that have set an example for the rest of the nation. I’m excited to serve as chairman of the subcommittee with oversight over K-12 education, where I will have the opportunity to take what we’ve learned in Indiana to Washington, and also to ensure that states like Indiana have the flexibility and help they need to deliver top-quality education for students and families.See More
  9. I opposed this bill because we have a spending problem, and the deal sent over by the Senate makes it worse. I will not consign our children to a debtors’ prison just to block President Obama’s tax hikes.

    While Congress and the White House have steered the nation around a fiscal pothole tonight, we are still hurtling toward the real fiscal cliff. We must get serious about our debt crisis before it’s too late.
  10. I spoke with WLFI, News 18 last night in a phone interview about the "fiscal cliff" negotiations and the (then) likely Senate legislation. The "fiscal pothole" as I call it pales in comparison to the trajectory we are in if we don't reform entitlement spending.
  11. Amid the fiscal pothole negotiations, the House is voting on other legislation. I'm glad to support Nathaniel's efforts for this cause and am happy to see this bill headed to the President for consideration.
  12. Tomorrow I'll be a guest on the Pete the Planner show on WIBC. The show airs from 10a-12p. Listen for a quick take on fiscal pothole impact on your investments.
  13. Yesterday I made a surprise drop-in visit to 93.1 WIBC-FM's Garrison show. Guest host/produce Todd Meyer and I talked about the imminent fiscal pothole. Take a listen to the podcast (12-28-12C, at the beginning) here:
  14. It's Christmas Eve morn, but as Greg says "Let's get to work friends." Take a listen to me live on Garrison at 10:00 am on 93.1 WIBC-FM.
  15. We owe it to Hoosier farmers, businesses and working families to provide certainty by permanently stopping a hike in the death tax and permanently extending current tax rates and other provisions. By failing to act, the House has missed a great opportunity to grow our economy by reforming the tax code.

    But let’s be clear: tax reform alone won’t come close to solving our debt crisis – only cutting spending and reforming the drivers of our debt will. This entire debate has missed the point about the true fiscal cliff we face: the $100 trillion in entitlement spending coming down the pike for our children. Until both sides in Washington understand this, we will face an ever-worsening fiscal crisis.
  16. Short, but thoughtful read on Social Security reform from The Heritage Foundation's Morning Bell. 3 proposed fixes - Fix the annual inflation adjustment, Increase the full retirement age, and Focus benefits on those who most need them. Take a look and get beyond "don't touch Social Security" and let me know what you think
  17. The trend in multiemployer pensions unfortunately mirrors what we’re seeing in entitlement programs like Social Security – fewer and fewer active workers are paying to support an increasing number of retirees. With fewer people paying into ...the system, and with more companies struggling to meet their obligations because of the weak economy, taxpayers are facing billions of dollars in future obligations to keep these pension plans solvent.See More
  18. Another on-point column by John Stossel. "It's the spending, stupid" sums up the adult conversation Hoosiers are having about government spending and the true drivers of our debt.

    "People will have to see the wisdom of giving up government benefits now -- in exchange for something more abstract: a future free society in which our children won't be burdened by debt and taxes."
  19. Tomorrow, the House Committee on Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions will hold a hearing on the problems facing the US Pension Benefit Guaranty Corporation. Director Joshua Gotbaum will testify. Learn more on the hearing (and live webcast), the PBGC and multi-employer pension plans by visiting:
  20. On Monday, December 17, the Hendricks County GOP invited me to lead an "open-to-the-public" fiscal cliff discussion at the Prestwick Country Club in Avon.  
     
     I was glad to see some young Hooisers there that are as concerned about their fu...

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