Economy
The American Recovery and Reinvestment Act, better known as the “stimulus,” turned three years old on Friday. When properly accounted, the price tag for this historic spending law is more than $1.1 trillion. To put this figure in perspective, the stimulus is more than twice the size of the New Deal and more than the entire value of Australia’s economy.
Washington, DC – Congressman Adrian Smith (R-NE) released the following statement after the White House released its budget blueprint for Fiscal Year 2013:
As a former chairman of the House Budget Committee once said, “If you can’t budget, you can’t govern.” Budgeting is one of the most basic things people do. Families and businesses in Nebraska budget every day, figuring out what their needs are and how they are to be met.
When talking to residents in the Third District, issues of access are often discussed: access to health care, veteran services, and, certainly, transportation. One important initiative which facilitates transportation access is the Essential Air Service (EAS). This program provides airline service to smaller, rural areas and ensures access to the national transportation system.
Washington, DC – Congressman Adrian Smith (R-NE) today released the following statement after voting in favor of the Fiscal Responsibility and Retirement Security Act (H.R. 1173) which repeals the Community Living Assistance Services and Supports (CLASS) Act:
Washington, D.C. – Congressman Adrian Smith (R-NE) has sent a bipartisan letter to the Chairmen and Ranking Members of the House Committee on Transportation and Infrastructure and the Senate Committee on Commerce, Science & Transportation urging them to reform and maintain the Essential Air Service (EAS) program in the final FAA Reauthorization bill:
This past week President Obama delivered his State of the Union address to a joint session of Congress. Traditionally this speech has been a chance for the President to outline his agenda for the coming year. After more than three years of economic hardship, this was the time to chart a new path forward to put our nation back on a sounder fiscal and economic footing.
Washington, DC – Congressman Adrian Smith (R-NE) today released the following statement on President Obama’s State of the Union address: