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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.
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 2nd annual “Small Business Saturday”, a national initiative to drive shoppers to small businesses in their own towns and cities.
Today Congressman Tim Walberg voted in favor of H.R. 3010, the Regulatory Accountability Act, which will require federal agencies to review the considerations of new regulations before imposing them on small businesses.
Today, U.S. Representative Tim Walberg voted in favor H.R. 10, the Regulations from the Executive in Need of Scrutiny (REINS) Act of 2011. The bill requires that both Congress and the President approve of all new major rules created by federal agencies. A major rule is defined as any regulation which will have an annual economic cost of more than $100 million.
Today, Rep Walberg voted in favor of H.R. 1633, the Farm Dust Regulation Prevention Act of 2011. The legislation would block the Environmental Protection Agency (EPA) from regulating particulate matter, also known as dust, in rural areas where state dust laws are already in effect.
Today, Congressman Tim Walberg voted in favor of HR 3630, the Middle Class Tax Relief and Job Creation Act of 2011. The legislation wouldhelp working families without raising taxes or borrowing from the Social Security Trust fund.
Specifically, HR 3630 would:
Today, Congressman Walberg issued the following statement after voting against H.R. 2055, the Conference Report to fund the federal government for the rest of the fiscal year.
Today, Representative Tim Walberg awarded the Law Enforcement Congressional Badge of Bravery to the parents of an officer killed in the line of duty last year, Officer James Bonneau. Mr. Marc and Amy Bonneau accepted the award on their son’s behalf.
Following today’s series of votes seeking a full-year payroll tax cut extension, Congressman Tim Walberg released the following statement: