Michael Steele New RNC Chair Discusses The Future Of The GOP
February 7, 2009
YouTube – RNC Chairman Michael Steele Discusses The Future Of The GOP
MYRICK ANNOUNCES PASSAGE OF BREAST CANCER & ENVIRONMENTAL RESEARCH ACT
September 26, 2008
(Washington, D.C.) – Representative Sue Myrick (NC-09) today announced that HR 1157, The Breast Cancer and Environmental Research Act, passed in the House yesterday. This bill establishes an Interagency Breast Cancer Coordinating Committee to enhance efforts to study potential connections between breast cancer incidence and environmental factors.
“We’ve made great progress in treatment and screening for breast cancer, but there is more to be done,” said Rep. Myrick, a breast cancer survivor and the lead Republican co-sponsor of the bill. “This represents a practical step toward enhancing and intensifying breast cancer research as it relates to the environment.”
As amended, this bill has broad bipartisan support in both the House and Senate, and may be one of the last public health bills to pass both bodies before Congress leaves for recess. It will bring together leading decision-makers, scientists, researchers, and patient advocates to share the latest discoveries and determine the best and most cost-effective ways to study environmental and genomic triggers or causes of breast cancer. Since breast cancer and environmental research is conducted at other agencies beyond the National Institutes of Health, such as the Centers for Disease Control and the Department of Defense, it only makes sense that these agencies share their expertise and work toward the most promising research goals.
Breast cancer remains the most common form of cancer in women. Worldwide trends of breast cancer incidence indicate that lifestyle choices may impact which women (and men) eventually develop this potentially fatal disease. Studies funded by both public and private dollars have sought to address particular aspects of the environment’s impact on breast cancer rates, but more must be done to engage all agencies that support this research. The bill is supported by Susan G. Komen for Cure and Friends for Cancer Research.
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230 Cannon House Office Building Fax (202) 225-3389 http://myrick.house.gov/
Rep. Myrick Signs onto Military Freedom Act
February 16, 2008
(Washington,
“The men and women in the military protect us and our freedoms. They did not deserve the unbelievably poor treatment they received in Berkeley. This legislation will makes towns like Berkeley think twice before they disrespect our military and their recruiters,” said Rep. Myrick.
The Military Freedom Act would deny Federal funds for any state, city, county, or other political subdivision of a state that prohibits or restricts the establishment or operation of a military recruiting office. It covers all Federal funds, whether made available by appropriation, grant, award, contract, or any other means to a state or a political subdivision of a state.
Burr Introduces State Sales Tax Relief Bill
February 1, 2008
Alternative To Rebates Designed To Boost Consumer Spending, Stimulate Economy In April
Press Release
January 29, 2008
WASHINGTON, D.C. – U.S. Senator Richard Burr (R-NC) today introduced legislation encouraging states to suspend their sales tax as an alternative economic stimulus to the current rebate proposals being debated in Congress. The Sales Tax Holiday Act of 2008 would establish a national sales tax holiday for ten days beginning April 3rd to provide an economic boost for small businesses and consumers. Under the bill, states participating in the voluntary program would receive significant financial assistance from the federal government.
“The buying power of the American consumer is the best means we have for creating economic stimulus,” Burr said. “Tax holidays have a strong track record of increasing consumer purchases and sparking economic growth. By giving people the incentive to shop, more money will be pumped in our economy, giving it the boost it needs.”
The tax holiday would run from April 3rd through April 14th. The ten day period spans two full weekends of shopping before the April 15th tax deadline. The legislation encourages consumer spending to stimulate the economy at a time when the heavy federal tax burden is looming large on the minds of Americans. By temporarily removing the sales tax, the overall cost of goods and services would be reduced from 2.9% to 7% depending on the state sales tax percentage, increasing purchasing power and encouraging spending.
Under the measure, states could voluntarily suspend sales tax collection for ten days. The federal government would share the cost of lost tax revenue with participating states. States would be required to notify the Secretary of the Treasury by March 1, 2008 in order to qualify for federal assistance. The U.S. Department of the Treasury would pay participating state governments a total of sixty percent of lost tax revenue by July 1, 2008.
Click here for the full release
For more on Senator Burr’s ideas to strengthen the economic stimulus package, click below
Burr calls for sales tax holiday
Congressmen Robin Hayes Votes For Economic Stimulus Package
January 29, 2008
WASHINGTON, DC – Congressmen Robin Hayes (NC-8) today voted to pump more money into the economy and stimulate growth and investment. The House of Representatives passed the Recovery Rebates and Economic Stimulus for the American People Act of 2008.
“This legislation works to stimulate our economy in two ways – putting more money into the hands of our working families and providing business incentives to invest in new equipment and construction,” said Hayes. “I was strongly advocating that a provision directed at rural economies be added, and I am disappointed that it wasn’t. However, I think this bill is a good step forward.”
Summary of the House Economic Stimulus Package
I. Tax Relief for American Families:
Rebate Checks: The economic growth package will include rebate checks in the sum of two separate calculations, with an overall phase-out for those with adjusted gross incomes above $75,000 for a single taxpayer and $150,000 for married couples. Rebate checks will include a base amount determined by the greater of two options: (a) Income tax paid in 2007, with a maximum of $600 for a single taxpayer and $1,200 for married couples; or (b) $300 for an individual and $600 for a married couple, provided the individual or couple earned income of at least $3,000 in 2007.
A children’s bonus also will be included in the rebate check calculation. Anyone qualifying for the base amount also receives an additional $300 per child, with no cap on the number of children.
II. Promoting Investment:
Bonus Depreciation: The economic growth package will provide for a 50 percent bonus deduction on new equipment in the year it is placed in service, with certain exceptions for equipment with a “long life.” This temporary tax cut offers significant savings on new property with a depreciation period of 20 years or less. This will give employers – particularly small businesses – greater incentive to invest and create jobs for more Americans searching for work. The temporary bonus depreciation, coupled with expensing measures enacted in May 2003, resulted in a four percent increase in business spending in the first six months alone.
Section 179 Expensing This provision allows employers, including small businesses, to fully expense $250,000 in both new and used tangible property in the year it is purchased up to an overall investment limit of $750,000. This will provide a particularly strong incentive for small companies to invest in their businesses so they can continue to provide good-paying jobs for the American people.
Increase in Government Sponsored Enterprises (GSE)/Federal Housing Administration (FHA) Conforming Loan Limit: The conforming loan limits for both FHA and GSE (such as Fannie Mae and Freddie Mac) loans would be increased from $362,000 to $725,000 and from $417,000 to $625,000 respectively.
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