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Economy

Simpson Moves to Block Obama’s TARP Raid

| Posted in Press Releases
Tags: Economy

“Republicans insisted that TARP include a number of taxpayer protections, including a requirement that any repaid funds be returned to the taxpayer to pay down the federal debt,” said Simpson. “Obviously those protections were necessary—now that companies are paying back the TARP payments they received and the taxpayer is making billions of dollars in interest, the Democrats are trying to turn the program from a one-time emergency measure to a permanent slush fund for growing government.”

Simpson Votes Against Permanent Death Tax

| Posted in Press Releases
Tags: Economy

“The bottom line is that H.R. 4154 would impose higher taxes on Idaho’s farmers, ranchers, and small businesses. In the best of times I can’t support increasing taxes on Idaho families, but at a time when unemployment is in the double digits, imposing a greater tax burden on our nation’s job creators is utterly irresponsible,” said Simpson.

Unemployment: We Need Real Solutions

| Posted in Press Releases
Tags: Economy

While Americans struggle to pay bills and keep food on the table, the Obama Administration and the Democrats in Congress continue to spend as if there were not record debts already on the books. While American jobs disintegrate they are working to ensure Khalid Sheikh Mohammed does not have his constitutional rights violated, and they continue to push a trillion-dollar plus health care government take-over and a cap-and-trade bill that will only further hamstring our economy.

Simpson Supports Passage of Small Business Bill

| Posted in Press Releases

“Although Republicans and Democrats unfortunately find little to agree on these days, we all agree that small businesses play an absolutely crucial role in our economy,” said Simpson. “They enhance innovation, enrich communities, provide jobs, and will lead the way out of this recession.”