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e-News 5/3/13

 

The Week Just Past: Making Debt Repayment a National Trend

Rodney Wins Prestigious Spirit of Enterprise Award

Academy Night: Military Academies in High Demand

Bringing a “Hurricane Hunter” to Our Schools

 

The Week Just Past: Making Debt Repayment a National Trend

“It’s been a long time in coming, and it probably is just temporary, but the federal government announced this week that it would pay down a small portion of the national debt this quarter for the first time in six years.

“The Treasury Department said that it expects to retire a net $35 billion in bonds, notes and bills from April to the end of June. Earlier this year, Treasury estimated that it would be adding an additional $103 billion in this quarter.

“Of course, our challenge is to transform this one-time event into a long-term trend. 

“This week, I had the opportunity to speak to the Morris County Chamber of Commerce and the American Institute of Architects, visited with businessmen and women at the Livingston Chamber of Commerce and called on the Parsippany Chamber of Commerce Job Fair where long lines of people seeking work waited just to get inside.  At each one of these gatherings, I heard about the need to cut Washington spending, fight tax increases and tear down regulatory barriers to economic growth.  In other words, New Jersey businesses want the government to get off their backs and out of their way to allow them to create jobs and opportunities. 

“Our economy is growing at a 2.5 percent annual rate.  We have to do better to get people back to work and keep the Treasury Department paying down our national debt!”

Rodney Frelinghuysen

Recommended Reading: Speaking of regulatory barriers to hiring, Daniel Kessler wrote Tuesday in the Wall Street JournalThe Coming ObamaCare Shock, Millions of Americans will pay more for health insurance, lose their coverage, or have their hours of work cut back.

Read his piece here.

Rodney Wins Prestigious Spirit of Enterprise Award

Rodney has received the U.S. Chamber of Commerce’s “Spirit of Enterprise” award which is given to Members of Congress for their pro-jobs policies and commitment to economic growth.

“In the face of high-stakes politics and difficult choices, Representative Frelinghuysen provided America’s job creators with a strong voice in Congress,” said Thomas J. Donohue, president and CEO of the U.S. Chamber. “This award recognizes Representative Frelinghuysen for consistently demonstrating his support for pro-growth policies."

“I am honored to receive such a prestigious award,” Rodney said. “I am committed to working to create jobs and opportunities and to improve America’s economy by keeping taxes low and creating favorable conditions for economic prosperity. I will continue to support legislation that contributes to the creation of jobs and a better economic climate for the hardworking citizens of New Jersey.”

Recommended Reading: “State and local governments can expect ever-widening budget gaps through 2060, as rising healthcare costs for both citizens and public employees surpass recent improvements in their revenue, the Government Accountability Office said…”  Read theReuters story here.

In Case You Missed It: A Must Read - David Brooks, writing in the April 25th New York Times, “Health Chaos Ahead.”

Academy Night at Par-Troy High: Military Academies in High Demand

Well over 170 people, including 92 interested students, attended the 13th Annual Academy Night where representatives of the U.S. Military Academy (West Point), the U.S. Naval Academy (Annapolis), the U.S. Air Force Academy, the U.S. Coast Guard Academy and the U.S. Merchant Marine Academy spoke with potential academy enrollees and their families.

For further information on the requirements and the process for consideration to attend one of the academies, contact Rodney’s Morristown office at 973-984-0711.  

Bringing a “Hurricane Hunter” to Our Schools

Roughly one month before the beginning of the 2013 Atlantic “Hurricane Season,” Rodney brought a veteran National Oceanic and Atmospheric Administration (NOAA) “Hurricane Hunter” to four schools in his Congressional District. CDR Carl Newman met with students at Randall Carter School in Wayne, Beatrice Gilmore Elementary School in Woodland Park, Lincoln Elementary School in Nutley, and the Forest Avenue School in Verona.

“As a pilot, Commander Newman has had the unique opportunity to fly directly into some of the worst hurricanes our country has ever seen, including Hurricane Irene which struck New Jersey in 2011,” Rodney said.  “I am sure that his fascinating presentation demonstrated to the students the value of math and science education and will hopefully inspire many of them to pursue their life’s work in these fields.”

CDR Newman, a Naval Academy graduate and now an officer with the NOAA Commissioned Officer Corps, one of the seven uniformed services of the Unites States, has been flying with NOAA for over 13 years.

“Science is like a baton,” he told students at all four schools, “We are handing off the baton to you to take over.  If you stay in school and focus on math and science, you can do what I do today. We would love to have you.”

Hurricane Season in the Atlantic basin officially begins annually on June 1 and reaches its peak in September.

To read more, visit the Verona-Cedar Grove Patch here.

or Wayne Today here.

To learn more about NOAA, visit: http://www.noaa.gov/