Excerpt: “Sixteen years ago Congress came just one vote shy of passing a balanced budget amendment – garnering bipartisan support in the process. Now, Congress has the chance to get it right this time. For our economy now and for future generations’ sake later, we must pass a balanced budget amendment.”
Excerpt: “Americans have felt the effects of September 11th in many ways in the decade since. I want to pay particular tribute to the brave men and women in our military who have fought for our freedom this past decade, especially those that gave their lives."
Article: Chicago Sun-Times, by Abdon M. Pallasch
Excerpt: Roskam's prescription for a cure: a new bill that would require any administration regulation that would have greater than a $100 million impact on the economy would need to be approved by Congress. Fraleigh said the administration should trust the food industry to regulate itself.
Article: The Daily Herald, by Kerry Lester
Excerpt: Downers Grove-based Sara Lee says it's hurt by proposed new federal nutrition guidelines aimed at eliminating childhood obesity. The new guidelines would prohibit advertising turkey sandwiches and hot dogs at sporting events and on television programs attracting large numbers of children because of the products' high sodium contents.
"I think the issue most easy to crystallize is the issue Sara Lee finds itself dealing with," Roskam said. "It points out an absurdity, something we need to transcend to create a buoyancy in the economy."
Like Sara Lee, other area companies told Roskam that government regulation is hurting their bottom lines.
Article: CBS Chicago
Excerpt: Roskam is proposing that Congress be required to approve any change in rules that would impact the nation's economy by more than $100 million.
He said he is aware that it would mean rulemaking gridlock.
"It would have a restraining influence at the agency level, where federal executive branch officials are going to say, 'Look, this has to pass the House and the Senate.' Internally, it will have a restraining influence," Roskam said.
Op-Ed: Chicago Sun-Times, by Congressman Peter Roskam
Excerpt: Appropriate and responsible regulations play an important policymaking role. Yet the Obama administration has turned rule-making into an assault on American businesses and the jobs they create. Right now, 4,257 new regulations are in the works, 219 of which will cost over $100 million annually — 15 percent more than last year.
Interview on Fox News
Excerpt: I'm not here today pumping sunshine telling you that this makes all of the fiscal problems of the United States go away. The previous congress and this administration have rung up national debt to the point where it is crippling, and these are the consequences of it. What we've got to do is take this on one step at a time, and I would submit that Speaker Boehner's plan is exactly that first step we need to move forward, and I think most folks are getting clear-minded about that as well.”
Excerpt: “Washington has a spending problem, not a revenue problem, and higher taxes and putting politics ahead of good policy is not a viable solution. Americans support the principles of Cut, Cap and Balance. That’s why the House will vote this week on a debt plan that upholds the principles of Cut, Cap and Balance, and cuts more than it raises."
Op-Ed: The Hill, by Majority Whip Kevin McCarthy and Congressman Roskam
Excerpt: A constitutional mandate would legally bind both the president and Congress to produce annual budgets that spend no more than the government takes in. It would end the explosive annual deficits that have ballooned to record levels. Last year alone, under President Obama and the Democrat-controlled Congress, our annual deficit was $1.4 trillion, and we’re paying billions in interest on the borrowing for the failed $800 billion “stimulus” bill from the year before. These figures are unconscionable, and only the legal force of a constitutional amendment requiring a balanced budget will guarantee a change in our fiscal course.
Excerpt: “Washington's spending problem continues to create barriers to job creation, yet Democrats simply want more of the same failed policies: higher taxes and continuing the spending binge. That's exactly what got us 9.2% unemployment, a potential double-dip recession, and our backbreaking debt.