Congressman Steve Womack (AR-3) today released the following statement in response to the House Budget Committee’s introduction of its fiscal year 2016 budget proposal, A Balanced Budget for a Stronger America:
“America cannot afford to continue down this unsustainable path; we are more than $18 trillion in debt. Even more concerning is that 66 percent of our spending is… Read more »
On Tuesday, March 3, 2015, Congressman Steve Womack (AR-3) gave a special order speech on America’s economic outlook and President Obama’s fiscal year (FY) 2016 budget on the Floor of the U.S. House of Representatives.
“I see a tremendous burden that is growing every day, every week, every year that [my grandkids] have had nothing to do in creating, and that is a mountain of debt… Read more »
On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (JOBS Act) into law. Among other things, the bill raised the shareholder registration threshold from 500 to 2,000 and increased the deregistration threshold from 300 to 1,200 for banks and bank holding companies. Unfortunately, the JOBS Act did not explicitly extend the thresholds to savings and… Read more »
Congressman Steve Womack (AR-3) today released the following statement after voting against the passage of the Senate Amendment to H.R. 240, which makes appropriations for the Department of Homeland Security (DHS) for the fiscal year 2015:
“Our Founding Fathers gave Congress a tool to resolve legislative stalemates – the conference committee. It was one of their many strokes of… Read more »
Congressman Steve Womack (AR-3) today released the following statement in response to Israeli Prime Minister Benjamin Netanyahu’s address to a joint session of Congress:
“A nuclear Iran endangers the very existence of Israel, a bright light of democracy and our greatest ally in a region that is becoming more and more volatile with every passing day. Make no mistake, America… Read more »
Congressman Steve Womack (AR-3) today released the following statement in response to President Obama’s veto of the Keystone XL Pipeline Approval Act (S. 1), a bill which passed the House and the Senate with broad bipartisan support and authorized the construction, connection, operation, and maintenance of the Keystone XL pipeline:
“Today, President Obama showed his cards – instead of… Read more »
U.S. Senators John Boozman (R-AR) and Tom Cotton (R-AR), along with Congressmen Rick Crawford (AR-1), French Hill (AR-2), Steve Womack (AR-3), and Bruce Westerman (AR-4), sent a letter to President Obama last week urging him to resolve contract negotiations between the dock workers union and shipowners at West Coast ports because of the negative economic consequences it’s having on… Read more »
Congressman Steve Womack (AR-3) today released the following statement in response to the passage of America’s Small Business Tax Relief Act of 2015 (H.R. 636), which creates stability for small business owners, farmers, and ranchers by making permanent increased Section 179 small business expensing:
“I applaud the passage of H.R. 636 and the steps the House continues to take to support… Read more »
Congressman Steve Womack (AR-3) today released the following statement in response to the passage of the Keystone XL Pipeline Approval Act (S. 1), a bill which authorizes the construction, connection, operation, and maintenance of the Keystone XL pipeline:
“It has been six long years since the initial Keystone application was submitted. Americans are ready to build, and the House… Read more »
Federal excise taxes for all beer importers and for brewers of more than two million barrels annually are currently $18 per barrel. Brewers that produce less than two million barrels annually are taxed at a rate of $7 per barrel for their first 60,000 barrels, significantly decreasing their effective tax rate. While this reduced tax rate has successfully encouraged new entry… Read more »
