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Thornberry proposes bill to delay Obamacare and stop across-the-board defense cuts
Feb 8, 2013
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With across-the-board sequestration cuts set to take place on March 1, Congressman Mac Thornberry (R-Clarendon) introduced a bill today to replace those arbitrary cuts for the rest of the fiscal year by delaying the full implementation of Obamacare until 2016. “This bill pays for the cost of one yea...
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Thornberry votes to make current tax rates permanent
Jan 1, 2013
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U.S. Congressman Mac Thornberry (R-Clarendon) made the following comments after a vote in the House of Representatives to make current tax rates permanent: "Making the current tax rates permanent for the vast majority of Americans, as this bill does, is a major accomplishment. I continue to hear fro...
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The Blizzard of Statistics and the “Fiscal Cliff”
Dec 21, 2012
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In the blizzard of statistics surrounding the “fiscal cliff,” two numbers give us the essential bottom line. They are 20.6 and 24.3. Let me explain. Since World War II, the top income tax rate has varied widely. It has been as high as 94 percent and as low as 28 percent. Usually it was somewhere in ...
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