Drowning in Red Ink
By: Congressman Frank Lucas (Diary) | June 11th at 03:30 PM |
This month, our country reached a staggering milestone – the national debt topped $13 trillion. To put that in perspective, if you were to spend $1 per second, it would take you about 412,000 years to rack up $13 trillion in debt. While the median income per person in 2004 was $23,535, each American taxpayer’s share of the national debt is $118,500. Even more troubling, | Read More »
Reading the Bill Is Important
By: Congressman Frank Lucas (Diary) | October 27th at 03:11 PM |
During this Congress, Speaker Pelosi and her leadership team seem to have forgotten the importance of following the proper legislative process so that the final product is a thoughtful and successful bill. By refusing to follow regular order, the Speaker has crammed one bill after another across the House floor, forcing votes on legislation before most members have even had an opportunity to read it. | Read More »
Fiscal Responsibility Is the Best Policy
By: Congressman Frank Lucas (Diary) | July 10th at 02:53 PM |
Recently, the Obama Administration and Speaker Pelosi have joined many of their colleagues to call for yet another “economic stimulus” package, like the one passed in February of this year, as a means to encourage economic growth. As a reminder, the first “economic stimulus” package cost the American taxpayers a whopping $789.5 billion. And since that money needed to be borrowed, the interest drove the | Read More »