RSC Update: Obama's Fiscal Cliff "Offer" Is a Joke

 

 

Tuesday, December 4, 2012 | View Online

RSC Update: Obama’s Fiscal Cliff “Offer” Is a Joke

From the Chairman

The House of Representatives voted months ago to avoid the fiscal cliff by making sensible spending cuts and stopping big tax increases scheduled to take effect in January. This already-passed plan would simultaneously help our economy and serve as a down payment on the big reforms needed to truly defeat the debt.

President Obama finally made his opening proposal last week – and it’s a joke. He wants:

1. Unlimited power to raise the debt ceiling

2. A $1.6 trillion tax hike on top of the $1 trillion ObamaCare tax hike already in place

3. $4.71 in higher taxes for every $1 in spending cuts

4. Even more “stimulus” spending

If you know anything about America’s financial situation, President Obama just insulted your intelligence. Tax increases cannot solve Uncle Sam’s spending problem. If we want more jobs and a more prosperous future for our country, we need to cut spending.

God Bless,

Congressman Jim Jordan

Chairman, Republican Study Committee

 

RSC Media Activity – RSC members work hard to ensure that the conservative viewpoint is well-represented in all corners of the media. Visit our Media Center for more.

· Rep. Darrell Issa (CA-49): New STEM Visa Law Could Transform U.S. Economy; U-T San Diego, November 28.

· Rep. Cathy McMorris Rodgers (WA-05) with Rep. Diana DeGette (D-CO): Senate Should Pass Hydropower Improvements; Politico, November 28.

· Rep. James Lankford (OK-05): Rep. Lankford Speaks Tax Reform on Fox Business; Fox Business, November 29.

· Rep. Virginia Foxx (NC-05): Defending Medicare for Future Generations; The Hill, November 29.

· Rep. Eric Cantor (VA-07): Why Do We Educate Foreigners and Force Them To Go Back Home?; McClatchy-Tribune News Service, November 30.

· Rep. Duncan Hunter (CA-52): Secure the U.S.-Mexico Border First; U-T San Diego, December 1.

· Rep. Louie Gohmert (TX-01): The True Meaning of 'Fair Share'; Breitbart, December 3.

RSC Member Activity – RSC members make it a priority to introduce productive, conservative solutions for America’s future.

· Reps. Rob Bishop (UT-01) and Steve Pearce (NM-02) urged colleagues to consider greater energy development as a way to increase revenues without raising taxes.

· Rep. Ralph Hall (TX-04) introduced legislation to advance domestic energy production.

· Rep. Tom Price (GA-06) introduced legislation opposing the establishment of a financial transaction tax.

House Floor Activity – The following key legislation came through the House of Representatives recently.

· On November 30, the House passed H.R. 6429, the STEM Jobs Act, which would prioritize visas for foreign graduates of American universities in the STEM fields (science, technology, engineering, and mathematics).

Outlook – A quick look at what’s on the horizon.

· On Thursday and Friday, no votes are expected in the House while negotiations continue on the fiscal cliff.

· This Friday is the 71st anniversary of the attack on Pearl Harbor.

· On Saturday, Hanukkah begins at sundown.

RSC Reports

· RSC Updates are now online! Looking for one of our recently released charts and graphs? Click here.

· Stay up to date on budget and spending news with reports from the RSC Budget and Spending Task Force.

· Check out the RSC Sunset Caucus’ work to shrink the size of government and the Repeal Task Force’s work to eliminate bad laws and regulations.

· House rules now require sponsors of legislation to provide a Constitutional Authority Statement that explains how Congress has the constitutionally-derived authority to enact their proposals. Click here to see liberals’ highly questionable attempts.

· Read the RSC Money Monitor to track how bills passed by the House affect budget authorizations, mandatory spending, and federal government revenue.

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House Republican Study Committee
Rep. Jim Jordan, Chairman
Paul Teller, Executive Director
Brad Watson, Policy Director

Joe Murray, Professional Policy Staff
Curtis Rhyne, Professional Policy Staff

Ja’Ron Smith, Professional Policy Staff

Derek Khanna, Professional Policy Staff

Brian Straessle, Communications Director

Michael Tate, Deputy Communications Director
Wesley Goodman, Director of Conservative Coalitions and State Outreach

Yong Choe, Director of Business Outreach and Member Services

Rick Eberstadt, Research Assistant

1524 Longworth House Office Building
Washington, DC 20515
(202) 226-9717