Tax and Appropriations
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Small businesses will see real benefits under the Democrats' health care reform law. The health care reform law provides employers a tax credit for employee health insurance starting this year. Through these tax credits, the security of access to quality, affordable health care becomes attainable for small businesses and their employees.
It appears Republicans can't take yes for an answer. Next week we anticipate bringing a budget to the Floor that cuts spending below the President's budget.
House Majority Leader Steny H. Hoyer delivered remarks this morning on the imperative for solving the nation’s fiscal crisis, the need for bipartisan cooperation on this issue, and how to balance economic recovery with long-term deficit reduction, at a Third Way event at Union Station.
Today, the Obama Administration proposed to Congress the Reduce Unnecessary Spending Act.
Democrats are committed to strengthening fiscal responsibility, as shown by our enactment of statutory PAYGO and creation of a bipartisan fiscal commission.
Today, the conservative group Citizens Against Government Waste reported on the earmark reforms undertaken by Congress since the Democrats won the majority in 2006.
This year, Democrats enacted legislation that returned more money to American families and businesses.
For more than a decade under Republican leadership, the number of earmarks nearly quadrupled – from 4,000 in 1994 to over 15,000 in 2005.
Today, the House Appropriations Committee announced that they are banning earmarks directed to for-profit entities.
As Democrats continue to work to strengthen the economy and restore fiscal responsibility, Republicans are trying to forget their record.