Lee Introduces Budget Before Borrowing Act

Lee Introduces Budget Before Borrowing Act

Today, Senator Mike Lee introduced the Budget Before Borrowing Act, which would forbid the raising of the debt ceiling unless Congress has already passed a budget in the same fiscal year. The bill was introduced with 9 additional cosponsors.

Lee Threatens Resistance to Nominations Until President Rescinds Unconstitutional Appointments

Today, Senator Mike Lee formally responded to the President’s unconstitutional recess appointments to the National Labor Relations Board and the Consumer Financial Protection Bureau. In a statement delivered at a Judiciary Committee business meeting, Lee outlined the unconstitutional nature of the appointments and criticized the justification offered by the Justice Department’s Office of Legal Counsel.

State of the Union

Upon taking office, President Obama encountered one of the worst recessions in the country’s history. He faced tremendous challenges and made a compelling case during the election that he could solve them. To be sure, it would have been difficult for any President to make reforms that would have had an immediate effect on an economy that many believed had not yet hit bottom. But the country was ready to give “hope and change” a chance.