Vitter Reiterates Need for Spending Cuts, Calls for Full Faith and Credit Act
(Washington, D.C.) - U.S. Sen. David Vitter today urged his colleagues to focus on reducing excessive spending and consider legislation like he supported last Congress with U.S. Sen. Pat Toomey (R-Pa.), the Full Faith and Credit Act. The legislation, of which Vitter was an original co-sponsor, would have e... Read More
Vitter Statement on Fiscal Cliff Vote
Sen. David Vitter made the following statement after the passage of the fiscal cliff deal. "This is a much better tax outcome under Obama than I would have guessed. It preserves the Bush tax cuts for 99% of Americans, with good policy on the death tax, dividends and capital gains, so important to s... Read More
Vitter: Reid-Obama Proposals Don't Cut Deficit, Debt by One Penny
(Washington, D.C.) - U.S. Senator David Vitter (R-La.) made the following statement regarding fiscal cliff negotiations. “There's certainly no Senate deal yet. And the biggest reason is that every Reid-Obama proposal this weekend raises taxes only to usher in MORE spending – they don't... Read More
Vitter: Interior Dept. Continues to Mislead on Offshore Energy Production
(Washington, D.C.) - U.S. Sen. David Vitter made the following statement following the U.S. Department of Interior’s announcement of a western Gulf of Mexico lease sale. The sale they announced will be only the third lease sale since the 2010 drilling moratorium. The five-year lease sale plan that ha... Read More
Vitter Calls Corps Budget Problems a Vicious Cycle
(Metairie, La.) - U.S. Sen. David Vitter (R-La.) said today that U.S. Army Corps of Engineers’ budget problems are leaving people in Louisiana in danger and could cause economic trouble. This week it was Read More
Sens. Vitter, Sherrod Brown Urge Bernanke to Increase Capital Standards
(Washington, D.C.) - U.S. Sens. David Vitter (R-La.) and Sherrod Brown (D-Ohio) sent a bipartisan letter urging Federal Reserve Chairman Ben Bernanke to increase the capital requirements of megabanks. “Placing higher capital requirements on megabanks is a common sense way to fix the dangers o... Read More
Vitter Congratulates House Passage of “Audit the Fed”
(Washington, D.C.) - U.S. Senator David Vitter today congratulated the House of Representatives on the passage of Federal Reserve Transparency Act of 2011. The bill would conduct an audit of the Board of Governors of the Federal Reserve as well as the Federal Reserve banks. “This legislation... Read More
Vitter Opposes Tax Increase Legislation, Supports 1-Year Extension of Current Rates
(Washington, D.C.) - U.S. Sen. David Vitter today opposed legislation that would have not only increased taxes on small business owners and job creators, but also would have increased the death tax, impacting Louisiana farmers and other small businesses like seafood producers. “This vote on t... Read More
Vitter, Rep. Biggert Agree on 60-day Flood Insurance Extension
(Washington, D.C.) - U.S. Sen David Vitter spoke with Rep. Judy Biggert (R-Illinois) asking her to urge the House of Representatives to move forward on the 60-day extension for the National Flood Insurance Program. The House had previously passed a 30-day day extension, but Biggert, the author of the... Read More
Vitter Warns of National Security Risks if Strategic Petroleum Reserve is Opened
(Washington, D.C.) - U.S. Sen. David Vitter today warned the administration of the security concerns of opening the Strategic Petroleum Reserve. News reports have indicated that Obama will ask other G8 leaders for a coordinated reserve release at their upcoming summit. “The U.S. is the single... Read More