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October 7, 2011
The Nuclear Option — Day Lee Briefing 10/7/2011
In the United States Senate the minority is entitled to be heard. Not entitled to win, but entitled to be heard. That is the core problem here. I say to my friend the majority leader, nothing personal about it, we are fundamentally turning the Senate into the House. No amendments before cloture. No motions to suspend after cloture. The minority’s out of business. And it’s particularly bad on a bill that has the support of over 60 members, as this one did. If you’re not among those 60, you’re out of luck.
October 6, 2011
Lee Statement on China Currency Bill
There are better, more productive ways to create jobs than to threaten a trade war with our largest trading partner. Tariffs only serve to increase costs for American businesses and consumers. Instead, we should be looking at ways to grow the economy by reducing excessive regulation, fundamentally reforming the tax code, getting our fiscal house in order, and increasing our domestic energy supply.
October 5, 2011
Senate Democrats Hold Up Obama Jobs Bill — Day Lee Briefing 10/5/2011
Senator Lee has a Judiciary Hearing featuring testimony from Supreme Court Justices Scalia and Breyer, and his weekly constituent social event is scheduled for the afternoon. No votes are expected today as the Senate considers the China currency bill, S. 1619.
October 5, 2011
Sen. Lee Submits Jobs and Economic Stimulus Legislation
Today, Senator Mike Lee submitted legislation that would create millions of new jobs and inject $1 trillion into the American economy by significantly reducing the excessive tax on repatriated assets. Sen. Lee’s proposal would permanently lower the tax rate for businesses from 35% to 5% on money earned overseas and brought back to this country.
October 4, 2011
Questioning Chairman Bernanke — Day Lee Briefing 10/4/2011
Recently, we received reports of the Fed’s role in bailing out banks in Europe to the tune of several trillion dollars. This decision was not made with the knowledge or consent of Congress. And with the banking crisis in Europe ongoing as we speak, we do not know what the Federal Reserve might be doing there now or in the future. Although the Fed may not be legally obligated to inform anyone of all of its actions, many are of such scope and importance that reason suggests that consultation with Congress would be a good idea.
October 4, 2011
Joint Economic Committee Hearing with Ben Bernanke
In 1977, Congress first gave the Federal Reserve a dual mandate to promote both “maximum employment” and “stable prices.” Unfortunately, in the last few years, we’ve had anything but maximum employment and stable prices. Most Americans believe the prices of products and services they buy on a daily basis like food, gasoline, electricity, heating oil, and health care services have increased significantly in recent years and grown more volatile. Moreover, we have official unemployment over 9 percent and many Americans struggling to find work in a difficult economy. Therefore, in my view, the Federal Reserve is failing in its Congressional
October 3, 2011
Chinese Curency and Utah Prairie Dogs — Day Lee Briefing 10/3/2011
Senator Lee will travel to Washington today where the Senate is ecpected to proceed to S. 1619, the Currency Exchange Rate Oversight Reform Act.
September 29, 2011
Provo Town Hall Twitter Recap — Day Lee Briefing 9/29/2011
Read Q & As from Senator Lee’s town hall in Provo in 140 characters or less.
September 28, 2011
Another Town Hall, The Federal Gas Tax, Letter to President about Immigration — Day Lee Briefing 9/28/2011
Eighteen Republican senators led by the Senate Judiciary Committee’s ranking member, Sen. Charles E. Grassley, are questioning the Obama administration’s immigration policies, saying they go beyond the scope of the law and allow those who entered the country illegally to remain.
September 28, 2011
No Debate, No Amendments and, now, No Votes?
The Senate is often referred to as the world’s greatest deliberative body. Unfortunately, it is becoming less common for the Senate to deliberate on anything, at least in a public, open, and transparent way.