Steve's Blog

The Upcoming Debt Ceiling Battle

Now that the so-called fiscal cliff battle is at an end, all’s quiet on the western front, right?  Hardly.

The upcoming battle on raising the debt ceiling could be much bigger.  Here’s why.

Republicans unfortunately didn’t have a great deal of leverage in the fiscal cliff battle.  That’s because the Bush tax cuts of 2001 and 2003 were automatically expiring on January 1st, 2013.  President Obama was holding all American taxpayers hostage – threatening to allow everyone’s taxes to go up unless Republicans would agree to throw just wealthier Americans overboard – which eventually happened.  I voted against the deal.

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Why I Voted Against the Fiscal Cliff Deal

Late New Year’s Eve, the United States Senate passed the fiscal cliff deal.  About 20 hours later, late New Year’s Day, the House of Representatives passed it.  I voted NO.  Here’s why.

First of all, it’s important to recognize that President Obama had a strong hand to play because taxes on all Americans were scheduled to go up on January 1st.  Why?  Because when the so-called Bush tax cuts were passed 10 years ago, Democrats in the Senate, who opposed cutting taxes at all, insisted on these tax cuts expiring in 10 years.  Without that provision, there would have been no tax cuts at all.  And on January 1st, yesterday, the 10 years was up.

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The Day After Christmas

I hope you and your loved ones had a wonderful Christmas yesterday.  Christmas is a time to remember the birth of Our Savior a little over 2000 years ago.  It’s a time to be grateful for all the blessings we have.  It’s a time to be with our families.

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Merry Christmas

With the end of the year, Americans now enter the holiday season full of joyful family reunions and Christmas and Chanukah gift giving.  We count our blessings and resolve to do better in the coming year.

Like any year, 2012 has been full of achievements and setbacks.  And I am truly humbled by the confidence you have shown in me as I was re-elected to represent the First District in the U.S.

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