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Rep Tim Walberg voted on two pieces of legislation this week aimed at providing economic regulatory relief.

H.R. 4078, the Red Tape Reduction and Small Business Job Creation Act, freezes costly new regulations until national unemployment drops to six-percent or lower, gives small businesses the ability to intervene before government agencies agree to binding legal settlements that require them to issue more onerous regulation and increases transparency for federal agencies that have been operating beyond the purview of regulatory review.

Rep Walberg introduced legislation this week to help lower taxes and bring more certainty for individuals and small business owners.

Specifically, H.R. 6225 would make tax cuts permanent, eliminate the death tax, index the capital gains tax for inflation, and include an alternative minimum tax (AMT) patch for 2012.

Rep Walberg released the following statement following the bill’s introduction:

Today, the national debt hit the record high of $16 trillion, an increase of more than 50 percent since President Obama’s ‘stimulus’ went into effect. In response, Rep Walberg released the following statement:

Rep Tim Walberg released the following statement on the 11^th anniversary of the September 11 terrorist attacks:

“My thoughts and prayers go out to those that lost husbands, wives, fathers, mothers, children and friends on September 11^th. We will never forget them or the first responders who risked their lives to save others. It’s also important to remember the brave men and women in our armed services who continue to serve our country and defend our freedom.”

Rep Tim Walberg released the following statement after the attacks on American diplomats and embassy workers in Libya and Egypt:

Today, Rep Walberg voted for H.R. 1775, the Stolen Valor Act, which would make it a crime for anyone to knowingly benefit financially from lying about military service, records or awards.

"Our nation's servicemen and women deserve our highest respect and gratitude for the sacrifices they make in exchange for our freedom. One way to show our appreciation is through medals and decorations. Another is to make sure that those who misrepresent their service for personal gain are held accountable. The Stolen Valor Act accomplishes both," commented Rep Walberg following the vote.

Today, Rep Tim Walberg voted in favor of H.R. 6213, the No More Solyndras Act. The legislation would phase out the Department of Energy's mismanaged loan guarantee program and provide added taxpayer protections to existing applications. Solyndra was a California-based solar panel manufacturer that went bankrupt after receiving a $535 million loan guarantee from the Department of Energy under the 2009 stimulus law.