Media

Today, U.S. Representative Tim Walberg voted in favor of H.R. 3078, 3079, and 3080 to expand trade with Colombia, Panama and South Korea, and Motion to Concur in the Senate Amendment to H.R. 2832 to provide Trade Adjustment Assistance. All passed the full House of Representatives.

Today, U.S. Representative Tim Walberg voted in favor of the EPA Regulatory Relief Act of 2011 (H.R. 2250), which passed the full House of Representatives 275-142 and heads to the U.S. Senate for further consideration. Below is a description of the legislation, which seeks to stop another new, costly, job destroying regulation from the Obama Administration:

Today, U.S. Representative Tim Walberg voted in favor of H.R. 674, legislation that will repeal the 3% withholding rule that is scheduled to take effect in 2013. This rule would require federal, state and local governments to withhold 3% of the payments to vendors for purchased goods and services. Many businesses, including family farms, construction companies and trucking firms, operate on slim profit margins, and this rule would impose a substantial new burden that undermines their ability to create jobs.

U.S. Representative Tim Walberg voted in support of H.R. 2930, the Entrepreneur Access to Capital Act, and H.R. 2940, the Access to Capital for Job Creators Act. Both of these bills will help enable small businesses and entrepreneurs to access funds for job creation.

Congressman Tim Walberg has joined with the Library of Congress to preserve the memories of our American war veterans through the Veteran’s History Project. The program will connect Michigan’s veterans with volunteers and family members who will record the personal narratives through audio, visual or written accounts and store them in the Library of Congress’ archives.

Today, the House Committee on Oversight and Government Reform examined the extravagant bonuses given to top executives at Fannie Mae and Freddie Mac. The hearing entitled, “Pay for Performance: Should Fannie Mae and Freddie Mac Executives Be Receiving Millions in Bonuses?” questioned Fannie and Freddie’s CEO’s concerning this issue.

Today, Congressman Tim Walberg voted with 260 of his colleagues in favor of H.J. Res 2, which proposes a Balanced Budget Amendment to the Constitution. However, the resolution did not receive enough votes to pass, because a two-thirds vote is required for passage of a Constitutional Amendment. Two-hundred and sixty-one Members voted “yes” and 165 voted “no.” The legislation would require a balanced federal budget, with exceptions for times of war. Since President Obama has taken office the national debt has increased 34%, the fastest increase under any administration in history.

Congressman Tim Walberg is encouraging constituents to support their local and small businesses this Saturday, one of the busiest shopping days of the year. The day will mark the 2^nd annual “Small Business Saturday”, a national initiative to drive shoppers to small businesses in their own towns and cities. Small businesses create about 7 out of every 10 new jobs in the country and they employ just over half of the country’s private sector workforce.