Stimulus 2 — Day Lee Briefing 10/11/2011

October 11, 2011

Stimulus 2 — Day Lee Briefing 10/11/2011

Today’s Agenda

Senator Lee flies to Washington and will be voting on the Chinese currency bill and President Obama’s stimulus bill.

From the Senator’s Desk

Regulations by the Numbers for 2011:

266 Days:  Since the President’s Executive Order on Regulations

92 Days:  Since the President’s Executive Order on Regulations for Independent Agencies

1 Rule:  Repealed this year – spilled milk not considered an oil spill

480 Rules:  Regulations deemed significant under Executive Order 12866

$80.4B:    Cost of regulatory burdens from new rules for the year

62596 Pages:  Pages of regulations in the Federal Register so far this year

81.9 Million:  Hours of annual paperwork burden

In a victory for net neutrality opponents, a judicial panel chose the D.C. Circuit Court of Appeals in a random lottery Thursday to decide where the net neutrality case will be heard. The D.C. Circuit court is considered the most likely to overturn the controversial net neutrality.

 

On Twitter

SenMikeLee

I plan to vote against it. There are better alternatives. RT @dustinlocke: My senators better vote against the #JobsBill @SenMikeLee

 

SenLeeComs

Obama on another taxpayer-funded campaign tour http://wapo.st/oYZTTK

 

SenLeePressSec

So sad to hear that Marti is leaving @ABC4GTU. She adds a lot of energy to the show and will be missed. Best of luck, Marti!

 

SenLeeResearch

Average duration of unemployment reaches new all-time high of 40.5 weeks… good thing we had the stimulus: http://bit.ly/qCB8Z0 #tcot #jobs

 

Around the Water Cooler

 

Obama and Carter: Perfect together

Remember the heady days of 2009, when Barack Obama was heralded as the “smartest man ever to be elected president?” Remember when he won the Nobel Peace Prize after less than one year in office? Remember when more than one liberal historian routinely compared him to Franklin D. Roosevelt or Abraham Lincoln?

What a difference two years makes. Approaching his third anniversary in office, Obama looks more and more like another former president — our 39th chief executive, Jimmy Carter.

Utah joins other states in urging delay of new EPA rule on power plant emissions

Utah has joined with two dozen other states and one U.S. territory in urging a federal court to require the EPA to delay implementing a new, tougher air emissions standard for power plants.

In a friend of the court brief filed with the U.S. District Court for the District of Columbia, the states argue the EPA is rushing ahead with a rule that will have “far-reaching impacts without adequately considering the serious concerns and questions raised,” in the rulemaking process.

 

Reid Surtax Will Kill Jobs

Beginning in 2013, a new 5.6 percent “surtax” would apply to modified adjusted gross income which exceeds $1 million ($500,000 in the case of married filing separately returns).  After 2013, this figure would be adjusted for inflation

The Treasury Department reports that 80% of the taxpayers affected by the Reid surtax are small business owners.  Since small business owners pay business taxes on their 1040 tax forms, to raise the tax rate on these owners is to raise the tax rate on the very small businesses that create jobs.  The Reid surtax will kill jobs.

 

A Look Ahead

Tomorrow, Senator Lee will be meeting with R&R Partners, Ute Oil & Gas, and the 744th Engineer Company of the Army Reserve. He will also attend a Foreign Relations Business Meeting and the Americana Gala hosted by Paralyzed Veterans of America.

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