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Economy

Simpson Votes to Reform the Federal Regulatory Process

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Idaho Congressman Mike Simpson voted for two pieces of regulatory reform legislation to prevent regulatory overreach by the Obama administration during its final days and to return accountability and transparency to the federal regulatory process. The total cost of regulations imposed by federal agencies is estimated at $1.88 trillion annually. “Each year, federal agencies issue…

Simpson Responds to Federal Judge’s Decision on Obamacare Lawsuit

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Idaho Congressman Mike Simpson released the following statement after a federal judge ruled that the Obama administration unlawfully paid billions to Obamacare health insurers without congressional approval. “Yesterday’s ruling confirms what many American’s already know, the President is acting unilaterally without consulting Congress,” said Congressman Simpson. “The President didn’t…

Simpson Co-Sponsors Banking Regulatory Reform

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Idaho Congressman Mike Simpson is a cosponsor of H.R. 2896, the Taking Account of Institutions with Low Operation Risk Act of 2015. The TAILOR Act would provide smaller community banks and credit unions with regulatory relief. H.R. 2896 requires federal financial regulatory agencies to consider the risk profile and business models of financial institutions when taking regulatory action;…

Simpson Opposes Onerous Rule from Department of Labor

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Tags: Economy

Idaho Congressman Simpson is a cosponsor of H.R. 4773, the Protecting Workplace Advancement and Opportunity Act, which blocks a U.S. Department of Labor rule to significantly increase the salary threshold for exemption from federal overtime pay requirements for managerial, professional or administrative positions.    Currently under the Fair Labor Standards Act (FLSA),…

SIMPSON RESPONDS TO SOTU

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Idaho Congressman Mike Simpson issued the following statement after the President’s State of the Union Address. “I am not surprised that the President missed another opportunity to unite our country with his last State of the Union address,” said Simpson. “Instead of engaging Congress with a list of policy proposals we can work on together, the President chose to use the speech…

Congress Sends First Ever Obamacare Repeal Bill to President’s Desk

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Idaho Congressman Mike Simpson supported the Senate amendment to H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act today which builds on the House passed version from October. The legislation repeals the most onerous Obamacare provisions through a mechanism known as reconciliation, which is a budgeting process that allows Congress to align the priorities outlined…

House Overwhelmingly Passes FY2016 Omnibus Appropriations – Big Wins for Idaho

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Idaho Congressman Mike Simpson today applauded the passage of H.R. 2029, the Fiscal Year (FY) 2016 Consolidated and Further Continuing Appropriations bill that included many important provisions for Idaho and Western States. The House passed H.R. 2029 by a vote of 316-113, and it will be considered by the U.S. Senate today.  Links to the bill text and reports can be found here:…

What the FY2016 Omnibus Appropriations Bill Means To Idaho

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Idaho Congressman Mike Simpson applauded the release of H.R. 2029, the Fiscal Year (FY) 2016 Consolidated and Further Continuing Appropriations bill that included many important provisions for Idaho and Western States.  “I applaud Chairman Rogers and Speaker Ryan for their hard work in assembling this comprehensive and responsible package that will keep the government open through…

Simpson Casts Responsible Vote on Bipartisan Budget Agreement

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Idaho Congressman Mike Simpson today voted to support H.R. 1314, the Bipartisan Budget Agreement of 2015.  In addition to preventing a catastrophic national default, this agreement achieves long-term savings through entitlement reform, delivers predictability and certainty to the appropriations process and the funding of our national defense, and repeals an onerous mandate put in…

Simpson Votes to End Harmful Obamacare Policies

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Idaho Congressman Mike Simpson supported H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act today. The legislation repeals the most onerous Obamacare provisions through a mechanism known as reconciliation, which is a budgeting process that allows Congress to align the priorities outlined in the current year’s budget resolution with existing law. “Even though…