Small Businesses

Simpson Votes for Lower Taxes

| Posted in Press Releases

Idaho Congressman Mike Simpson praised the passage of H.R. 1, the Tax Cuts and Jobs Act today in the House of Representatives. H.R. 1 is the first comprehensive tax reform legislation to pass the House since 1986. “Since coming to Congress, I’ve talked to farmers, ranchers and businesses throughout Idaho and I consistently hear about the burden that our overly complex, outdated, and unfair tax cod... Read more »

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; and requir... Read more »

Simpson Votes to Stop Obama Administration Anti-Gun Initiative

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Idaho Congressman Simpson supported H.R. 766, the Financial Institution Customer Protection Act, to curtail the Obama Administration’s regulatory enforcement program known as “Operation Choke Point.” “Operation Choke Point” is a Department of Justice (DOJ) initiative in which federal banking regulators investigate banks’ business with merchants deemed to be at high risk for fraud and money launder... Read more »

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 in the bud... Read more »

Transportation Appropriations Bill Passes House with Simpson’s Truck Weight Language Intact

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Idaho Congressman Mike Simpson today supported final passage of the Fiscal Year 2015 Transportation, Housing and Urban Development Appropriations bill, which passed the House 229 to 192. The bill included Simpson’s language increasing truck weights on Idaho Interstates Highways to 129,000 pounds. The increase, above the current allowance of 105,500 pounds, puts Idaho in line with neighboring state... Read more »

Simpson to FDA: Listen to Farmers on Food Safety

| Posted in Press Releases

“Earlier this year, the U.S. Food and Drug Administration (FDA) released more than 1,236 pages of new regulations governing the growing, harvesting, packing and holding of fresh produce. While it is of utmost importance to preserve the safety of the U.S. food supply, I am concerned about the scientific necessity of this rule and the economic impact that it would have on growers in Idaho. “The prop... Read more »

Simpson Says No to Higher Taxes

| Posted in Press Releases

Idaho Congressman Mike Simpson today voted for H.R. 8, the Job Protection and Recession Prevention Act of 2012. This legislation would extend through December, 2013, the low-tax policies originally enacted in 2001 as part of the Economic Growth and Tax Relief Reconciliation Act. “I cannot support raising taxes on Americans while we struggle to emerge from a recession,” said Simpson. “Tax relief is... Read more »

House Takes Steps to Reduce Federal Regulations on Small Businesses

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Idaho Congressman Mike Simpson supported legislation today that will help reduce the uncertainty plaguing our economy as a result of the Obama Administration’s excessive regulatory rule writing. H.R. 4078, the Red Tape Reduction and Small Business Job Creation Act passed the House with a final vote of 245-172. “I have been stunned by the volume of regulations promulgated by the current Administrat... Read more »