Wednesday, August 7, 2013

Rep. Neugebauer (Texas) on Debt Limit and Agency Regulations

Open email to representative Neugebauer (Texas):

Dear Rep. Neugebauer,
    I read your newsletter and have the following comments:

DEBT LIMIT
   
You said that as a small business owner you were always very careful about taking on new debt, and you were surprised that in Washington new debt seems to be taken on by our representatives with very little thought. The obvious difference is that when you took on debt as a small business owner, it was your money. Our Washington representatives deal with other people's money. Since the difference leads to a fundamental difference in emotion, we really have to find some way to have the Washington representatives feel more accountable. I have no immediate solutions, but it is an ongoing problem, which should be faced.
    Congratulations on your introducing an amendment requiring a two-thirds vote majority in order to increase the national debt. It will not be popular with those who like the idea of spending other people's money without any particular accountability, but at least your action brings to their attention that their overspending is certainly not appreciated by all.

AGENCY REGULATIONS
   
Hooray! Now you're talking! You said that last week, you signed on as a co-sponsor of Rep. Michael McCaul’s (R-TX) One In, Two Out Act. This commonsense bill requires federal agencies to repeal two existing regulations before putting any new ones into effect.
    Let's not let this one die on the vine! Push! push! push! It involves the essence of a growing economy.
    Also consider going one step further. Have Congress repeal two laws for every new one they pass.

No comments:

Post a Comment