U.S. Congressman LOUIE GOHMERT: Proudly Serving the First District of Texas

 

Economics and Public Finance

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  • Rep. Gohmert’s Statement on Senate Rejection of Cut, Cap, and Balance
    Posted in Press Releases on July 22, 2011 | Preview rr
    Tags: Economics and Public Finance

    Today, Rep. Louie Gohmert (TX-01) issued the following statement after the Senate voted 51-46 to reject the Cut, Cap and Balance Act and turn a blind eye to fiscal responsibility: “It is apparent the Senate Democrats have turned their backs on the desire of the vast majority of the American people. Not only has it been 814 days since the Senate last passed a budget, it seems as if they are trying to stifle job growth and the U.S economy all together. By refusing to even allow the Cut, Cap and Ba... Read more

  • Rep. Louie Gohmert Calls For Open Debt Ceiling Negotiations
    Posted in Press Releases on July 11, 2011 | Preview rr
    Tags: Economics and Public Finance

    Today, Rep. Louie Gomhert (TX-01) released the following statement with Rep. John Fleming (LA-04) calling on Republican and Democrat leadership to open debt ceiling negotiations to the American public. Having an open and transparent process will ensure that nothing is kept secret from the American people on this critical issue which will determine our nation's economic and national security for years to come. “We owe it to all Americans to conduct open and transparent debt ceiling negotiations,”... Read more

  • Rep. Gohmert’s Statement on June Jobs Report
    Posted in Press Releases on July 8, 2011 | Preview rr
    Tags: Economics and Public Finance

    Rep. Louie Gohmert (TX-01) released the following statement today concerning the recent unemployment report issued by the U.S. Department of Labor July 8: “In order to create jobs for the American people, Washington must stop spending money it does not have. A meager 18,000 American jobs were created in June, but if you look hard at the adjustments, we actually lost 26,000 jobs. This number is staggering and significantly below market expectations. Unemployment continues to climb and is at 9.2% ... Read more

  • Raising the Debt Ceiling: Republicans' Last Stand
    Posted in Opinion Pieces on May 6, 2011 | Preview rr
    Tags: Economics and Public Finance

    For fiscal year 2007, the last year for which the Republican majority was responsible for the budget, Republicans were properly berated by Democrats for being so irresponsible as to run up a $160 billion deficit. After President Obama took office, those very same beraters found it perfectly acceptable to spend upwards of $1 trillion more than we took in. Last year, in fact, they ran up a breathtaking $1.5 trillion deficit in just one year. On the other hand, House Republicans in the Pledge to Am... Read more

  • Bill would ensure troops get paid if government shuts down
    Posted in In The News on April 1, 2011 | Preview rr
    Tags: Economics and Public Finance

    Troops would continue to get their paychecks and other benefits on time if the government shuts down, under a bill proposed Friday by a Texas lawmaker. Congress has been unable to pass a budget for this fiscal year, so it has passed several short-term spending measures to continue funding the government at last year’s levels. The latest measure ends April 8. Lawmakers have three options: Agree on a budget by then, pass another temporary spending measure, or shut down the government.. The possibi... Read more

  • House Republicans Introduce Bill to Pay Military During Government Shutdown
    Posted in In The News on April 1, 2011 | Preview rr
    Tags: Economics and Public Finance

    Active duty members of the U.S. Armed Forces and military civilians who support them still have to show up to work even if the government shuts down next Friday, inspiring lawmakers to find a way to pay them minus a Defense Department operating budget. According to a senior defense official, active-duty military would be required to work since they are considered "essential government personnel" exempt from a shutdown -- as are military civilians acting in support of U.S. operations and activiti... Read more

  • Rep. Gohmert to Vote Against Spending Bill That Doesn't Cut ObamaCare
    Posted in Press Releases on March 15, 2011 | Preview rr
    Tags: Economics and Public Finance

    Congressman Louie Gohmert (TX-01) issued the following statement on his decision to vote against the 3-week spending bill: “Today our nation is $14 trillion dollars in debt. Every child born in America inherits a shocking $45,739 of national debt. It’s an understatement to describe our nation’s financial situation as dire. This three-week spending bill just kicks the can of financial uncertainty further down the road by making minuscule cuts.” "We are spending $4 billion per day more than what w... Read more

  • Rep. Louie Gohmert Introduces Zero-Baseline Budget Act
    Posted in Press Releases on March 10, 2011 | Preview rr
    Tags: Economics and Public Finance

    Last week, Congressman Louie Gohmert introduced H.R. 920 – designed to cut wasteful government spending. The Zero Baseline Budget Act of 2011 will amend the Balanced Budget and Emergency Deficit Control Act of 1985 and eliminate automatic increases for inflation. “Conservatives have advocated for years that there should be no automatic increases in any federal department's budget,” said Rep. Gohmert. “That has been a trap for years because when we cut the rate of increase or level-fund a program... Read more

  • Rep. Gohmert’s Remarks on the Anniversary of the Failed Stimulus
    Posted in Press Releases on February 17, 2011 | Preview rr
    Tags: Economics and Public Finance

    Rep. Louie Gohmert (TX-01) released the following remarks today on the two-year anniversary of the “stimulus” package being signed into law. “The ‘stimulus’ package has clearly failed to live up to the expectations the Obama Administration touted to the American people in February 2009. It has let down millions of workers by failing to keep unemployment under 8 percent as promised. With a $1-trillion dollar price tag, the stimulus has only added to our out-of-control national debt, which is over... Read more

  • Rep. Louie Gohmert’s Statement on President Obama’s 2012 Budget
    Posted in Press Releases on February 15, 2011 | Preview rr
    Tags: Economics and Public Finance

    Rep. Louie Gohmert (TX-01) released the following statement today regarding President Obama’s proposed budget for fiscal year 2012: “Yesterday, President Obama announced his 2012 fiscal year budget plan that makes minor cuts but at the same time adds new dramatic amounts of additional spending without any regard for the danger in which he puts this nation or the massive debt he irresponsibly is heaping on the backs of our children, grandchildren and even great grandchildren. His demand to spend ... Read more