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November 9, 2011
Lee Introduces Bill to Repatriate Overseas Earnings
Today, Senator Mike Lee introduced the Rebuilding America Act, legislation that will permanently increase incentives for American companies to invest oversea earnings back in to the U.S. economy. Under Lee’s legislation the effective repatriation tax rate would be set at 5% down from 35%, which is currently the highest in the developed world.
November 8, 2011
Questioning Attorney General Eric Holder — Day Lee Briefing 11/08/2011
Today, Senator Lee will attend a Justice Committee hearing in which Eric Holder will answer questions about Operation Fast and Furious.
November 7, 2011
Repealing the 3% Withholding Tax on Government Contractors — Day Lee Briefing 11/07/2011
Today, the Senate will consider H.R. 647, which repeals the 3% withholding tax on all government contractors that’s currently set to go into effect in 2013. The bill already passed in the House in a 405-16 vote.
November 4, 2011
Talking Tax Reform with Senator Sanders — Day Lee Briefing 11/04/2011
Yesterday, Senator Lee voted against cloture on S. 1769, which was part of President Obama’s second stimulus package and would have authorized more stimulus spending. He also voted in favor of cloture on the Long-Term Surface Transportation Extension Act of 2011 (S.1786), which would provide flexibility to states and localities in their transportation spending, provide for an evaluation of transportation regulations, eliminate uncertainty for job creators, and establish infrastructure spending levels.
November 3, 2011
My First Legislation Passes — Day Lee Briefing 11/03/2011
The Senate has passed a bill introduced by Senator Lee for the first time, and then another right after the first. The bills authorized the transfer of vacant and virtually unused federal land in Utah to the growing cities of Mantua and Alta. Both pieces of legislation passed by unanimous consent.
November 3, 2011
Lee’s Land Conveyance Bills Pass Senate
Last night, the Senate approved legislation introduced by Senator Mike Lee to authorize the transfer of vacant and virtually unused federal land in Utah to the growing cities of Mantua and Alta. The bills were approved by unanimous consent and represent the first pieces of legislation authored by Senator Lee to pass the full Senate.
November 2, 2011
Governor Herbert, Utah Congressional Delegation React to Announcement on Hill Air Force Base
Utah Governor Gary Herbert and Utah’s entire congressional delegation, including Utah Senators Orrin Hatch and Mike Lee, and Congressmen Rob Bishop, Jim Matheson and Jason Chaffetz, today expressed deep concerns with the Air Force’s decision to eliminate jobs at Hill Air Force Base. The Governor and Utah’s delegation sent a letter today to Air Force Secretary Michael Donley detailing their disappointment with the decision. Currently, there are approximately 24,000 employees that work at Hill Air Force Base in various roles.
November 2, 2011
The Pie That Only Gets Bigger
Yesterday, the Senate voted down my motion to maintain 2011 spending levels in certain areas of 2012 appropriations, including agriculture and commerce. This would have saved taxpayers roughly $10 billion. Unfortunately, too many members of the Senate are still committed to fighting every attempt to enact even the smallest amount of savings.
November 2, 2011
My Vote on Recent Appropriations Bill — Day Lee Briefing 11/02/2011
Yesterday, Senator Lee voted against the 2012 appropriations bill for the Departments of Agriculture, Commerce, Justice, Transportation, and Housing and Urban Development. He opposed the bill because it will increase spending in those areas by roughly $10 billion over 2011 levels, and because that increase is achieved through budgetary gimmicks that hide the extra spending at first glance.
November 2, 2011
Lee Co-Sponsors Reform to Eliminate Budget Gimmicks
Today, Senator Mike Lee will co-sponsor legislation that eliminates the most common budgetary gimmicks used by Congress to hide hundreds of billions of dollars in spending. In the past six years alone, the tricks addressed in the Honest Budget Act (S.1651) have enabled Congress to spend over $350 billion, money that the country simply doesn’t have.