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Spending Cuts and Debt

Appropriations Bills

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Each year, Congress has a responsibility to craft 12 separate appropriations bills – each one covering a different function of the federal government. These bills appropriate (i.e. provide) money for the federal government to operate.  Passage of these bills can seem like a dysfunctional process. For starters, Congress frequently runs right up to the deadline, and often relies on…

U.S. Creditworthiness Downgrade

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The creditworthiness of the United States was downgraded by Fitch Ratings earlier this week. Everyone from the White House and Janet Yellen to financial analysts and journalists were losing their minds over this news. But why on earth does this surprise anyone?! Our nation is over $32 trillion in debt. Our deficit spending is out of control; we are spending trillions of dollars more…

June 1st Tele-Town Hall Replay

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With thousands of constituents on the phone, I covered a wide variety of topics yesterday during my telephone town hall. This include a long discussion on the the debt ceiling "deal" and our nation's massive debt problem. For those who missed it, you can catch a full reply here...

One Trillion and Counting

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If you stacked $100 bills more than 630 miles in the sky, you'd have $1 trillion.  Just $1 trillion. Now multiply that by 32.  That's how much debt we're in: $32 trillion and counting. It's borderline criminal. Democrats don't seem to care. Every time they open their mouths its to call for more spending, more programs, more agencies, more regulations, more bureaucrats, more…

Debt Negotiations (sort of) Continue

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As of mid-day Monday, there’s still no meaningful progress to report on the looming debt ceiling deadline. Negotiations continue, but time is short before we hit the “X-date” next month where the government may not be able to pay all its bills on time. The bottom line is this: We’re at a critical point in this country with astronomical debt exceeding $31 trillion. It won’t be long…

What to Watch

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Here’s the preview of coming attractions with this debt ceiling. It’s been five days since the House passed the “Limit, Save, Grow Act.” Remember, that’s the Republican bill to safely reduce federal spending while dealing with our debt ceiling.   Now many people are wondering what the Senate will do, since the ball is now in their court. But friends, don’t worry about the…

Transparency with Your Tax Dollars

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I just reintroduced a bill in the House to help shed some more light on where your tax dollars are spent. It’s called the COST Act, which stands for “Cost Openness and Spending Transparency.” This bill will force the public disclosure of how federal dollars are distributed. Here’s how it works:   As we all know, the federal government relies on hundreds of companies,…

Rep. Ralph Norman Introduces the Cost Openness and Spending Transparency (COST) Act

| Posted in Press Releases

On Thursday, Rep. Ralph Norman (SC-5) introduced the Cost Openness and Spending Transparency (COST) Act. This legislation will require public disclosure of the total cost to taxpayers for every project supported with federal funds.   The COST Act is co-sponsored by Rep. Nancy Mace (SC-1), Rep. William Timmons (SC-4), and Rep. Paul Gosar (AZ-9). This is a…

Update on Debt Ceiling Talks

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I’ll be on a plane today heading back to D.C. for what’s sure to be an exhausting week in Congress. The debt ceiling is going to be one of the bigger issues front & center… Remember: for the longest time, your elected officials in Washington have spent more money than the government was able to take in. Republicans and Democrats alike have all had a detestable spending problem.…