United States Senator Richard Shelby, Alabama

U.S. Senator Richard Shelby (R-Ala.), ranking Republican on the Committee on Banking, Housing and Urban Affairs, today made the following statement at a hearing on oversight of the Federal Housing Administration and the U.S. Department of Housing and Urban Development&rs; read more

The so-called fiscal cliff describes $545 billion in severe tax increases and spending cuts that are scheduled to occur in January 2013 if the president and Congress do not act. As projected by the Congressional Budget Office, the impacts of going over the cliff would inc... ... read more

Jobs The federal government does not create sustainable job growth; the private sector does. Rather, the government’s proper role is to create the conditions necessary for private sector job growth. The Obama administration’s initiatives have not produced pr... ... read more