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November 29, 2010 Don't Raise the Debt Ceiling!As of November 7th, the total U.S. public debt outstanding reached an astonishing $13.7 trillion. This means that although Congress just raised the debt ceiling to $14.3 trillion back in February, the new Congress will face another debt ceiling vote almost immediately next year. Otherwise, the Treasury will not be able to continue issuing debt to fund government ... View More |
December 2, 2010 Statement on HR 4853, the Middle Class Tax Relief Act of 2010December 2, 2010 Today I voted for HR 4853, legislation which ensures the continuation of many of the Bush tax cuts. If no action had been taken by this Congress, all Americans would have had to pay higher income, dividend, and capital gains taxes beginning on January 1, 2011. While I ... View More |