Thank you for reading The Conaway Chronicle, a review of my activities in Congress. This newsletter is to let you know what’s going on in Washington and what important issues are being debated in Congress. Oppose Making Bank Bailouts Permanent Earlier this month, the House of Representatives passed HR 4173, Congressman Barney Frank’s (D-MA, Chairman of the Financial Services Committee) Government Takeover of the Financial Service Industry. Small businesses that are still suffering from the cred...
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“If the past year has proven one thing about the Majority in Congress, it is that they are good at spending hard-earned taxpayer money. House Democrats have found yet another way to put this nation even further into debt by passing a second ‘stimulus’ bill, which creates over $150 billion in new federal spending."
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Congressman Mike Conaway (R-TX-11) made the following statement after the House of Representatives passed HR 4173; Barney Frank’s Government Takeover of the Financial Service Industry. “Small businesses that are still suffering from the credit crisis last year will find it even more difficult to obtain credit with the passage of this bill. Certain reforms are important to ensure that the free market is not impeded by interference or nefarious business practices, but this legislation does more t...
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Thank you for reading The Conaway Chronicle, a review of my activities in Congress. This newsletter is to let you know what’s going on in Washington and what important issues are being debated in Congress. Job-Creating $350 Million Federal Grant for Clean Coal Power Plant Comes to Odessa Last week, it was announced that a $350 Million federal grant will go toward a new clean coal power plant initiative in Ector County, set to create 2,000 jobs for the Odessa area. This grant, awarded to the Tex...
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“The fact that the President finds it permissible to use TARP funds that have been repaid and should be going to reduce our massive deficit to provide more bailouts that are completely unrelated to the financial crisis of 2008 is wrongheaded and is simply unacceptable. If our President and the Majority in Congress really want to create jobs and get the economy back on its feet, they should pay down the deficit, stop the spending and borrowing, and start putting money back in the pockets of hard-working Americans where it belongs.”
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Today, new unemployment numbers were released indicating that over 11,000 Americans lost their jobs in the month of November, with the unemployment rate at 10%. Congressman Mike Conaway (R-TX-11) made this statement following the announcement: "Today's announcement just reinforces what I've been saying: we must stop the out-of-control spending and the attempted government take-over of our health care system, financial services system, and the auto industry and focus on creating jobs. "Yesterday...
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Today, House Democrats brought a vote to the House floor that reinstates the dreaded Estate Tax, also known as the “Death Tax”, at 45% with a $3.5 million exclusion amount. The death tax expires for one year, beginning on January 1, 2010, before resurfacing in full force on January 1, 2011.
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“At a time when American families across the country are struggling to pay their mortgages, put food on the table, and pay their bills, the Majority in Congress, as well as the President, needs to focus on cutting wasteful government spending and job creation."
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Thank you for reading The Conaway Chronicle, a review of my activities in Congress. This newsletter is to let you know what’s going on in Washington and what important issues are being debated in Congress. Conaway legislation to protect troops signed by the President Today, President Obama signed into law the Homeland Security Appropriations Bill, which included language that I introduced with Congressman Health Shuler (D-NC), along with Senators Joe Lieberman (I-CT) and Lindsey Graham (R-SC), t...
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