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July 12, 2006, 3:18 am
By
Calif. Dem. Rep. Adam Schiff
My thoughts and prayers go out to the people of India as they recover from yesterday's heinous attacks. America has a strong ally in India, and our two nations must work together to root-out these murderous thugs.
Yesterday's attacks are a frightening reminder that those who wish to do harm to innocent people have no boundaries which they will not cross. There can be no capitulation. We must work together as a global community with our allies around the world to defeat these murderous purveyors of hate and death.
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July 11, 2006, 1:10 pm
By
Fla. GOP Rep. Ander Crenshaw
Today’s announcement is great news for America. Thanks to cutting taxes and reigning in wasteful spending, our economy is booming while the deficit is quickly shrinking.
These common sense policies have resulted in the creation of more than 5.4 million jobs since 2003 and a projected year end budget deficit as much as 30 percent less than originally expected. This is just more proof that American workers and families, not big government, are the best stewards of our taxpayer dollars.
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July 11, 2006, 12:12 pm
By
Colo. GOP Rep. Bob Beauprez
The Office of Management and Budget's announcement that the deficit is now projected to be $127 billion less than projected just six months ago is a great relief for the American taxpayers. I have fought in Congress to reduce the tax burdens on families and small businesses, grow our economy and allow the American people to keep more of their hard-earned money. This latest news confirms that the sound economic policies of this Republican Congress are working.
As tax revenues are expected grow by $245 billion we will be back on track to cut the deficit in half by 2008, a year ahead of the president's schedule. This is a great accomplishment of Congress and a great benefit for American tax payers.
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July 11, 2006, 11:46 am
By
Iowa GOP Sen. Chuck Grassley
The new budget estimates show that the tax cuts are working and gives us even more rationale for making them permanent. Despite this good news though, Congress needs to really look to curb spending. It’s much better to let the American people rather than those of us in Washington, DC spend their own money.
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July 11, 2006, 11:38 am
By
Ind. GOP Rep. Chris Chocola
Today's report was a factual validation of what we have been saying all along: When the American people keep more of their own money, they grow the economy, and when the economy grows, tax revenues increase. We've heard a lot of talk from people who seem to think that the only way to cut the deficit is to raise taxes; this report unequivocally proves them wrong.
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July 11, 2006, 10:24 am
By
Wis. GOP Rep. Paul Ryan
Lowering taxes has fueled sustained economic growth and job growth that ultimately bring more tax dollars into the Treasury, which helps us reduce the deficit. At the same time, we need to restrain spending, and we're working hard to do this through budget reforms such as my legislative line-item veto and overall efforts to control spending.
Today's announcement of lower deficit projections shows that tax relief paired with spending controls can put our fiscal house in order and eliminate the deficit.
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July 11, 2006, 10:20 am
By
Center for American Progress
By Christian E. Weller, senior economist; and John S. Irons, director of Budget and Tax Policy, Center for American Progress
President Bush is woefully out of touch with economic realities. “He fails to acknowledge that the economic recovery of the past few years has left millions of American middle-class families behind,
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July 11, 2006, 10:15 am
By
N.Y. Dem. Rep. Joseph Crowley
I am deeply shocked and saddened by the horrific images of the coordinated terrorist attack in Mumbai that killed hundreds of commuters riding the train lines home after work. These terrible images recall similar tragic acts of terror perpetrated in Madrid and London against innocent people, and even last week's revelations of a plot targeting New York City's bridge and tunnel system.
The attack reminds us again of the deadly threat the civilized world faces from those who only know how to hate. It also is a stark reminder that as a global community how vigilant we must be in our effort to apprehend the perpetrators of such acts both here and abroad - before such horrendous acts are committed.
Today's act of brutal terror in Mumbai also shows how vulnerable the world's economic centers are to the deadly threat of terrorism. By targeting India's commercial capital, the terrorists attacked the underpinnings of the Indian economy - the economic engine and diverse ideals of Mumbai.
But now we must focus our attention on the suffering of the wounded and the heavy loss of hundreds of families whose loved ones were killed. I send my deepest sympathies to our Indian friends, and, as a member of Congress, I will work to ensure India receives the necessary support from the United States to cope with this tragic incident and apprehend the perpetrators responsible for this brutal terrorist act.
- Congressman Crowley, former Democratic Chair of the Caucus on India and Indian Americans and a member of the House International Relations Committee
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July 11, 2006, 9:42 am
By
Utah GOP Rep. Chris Cannon
Recently, Reps. Bob Inglis, Spencer Bachus, Rich Boucher and I sent a letter calling for a Judiciary subcommittee hearing on the Commerce Department's pending review of a proposed agreement between VeriSign and ICANN. Valid concerns have been raised that the ".com" domain name registry could become an unregulated monopoly. In addition, the proposal guarantees VeriSign the opportunity to unilaterally increase prices in most years of the new contract.
It just makes sense that the Committee that has oversight of this issue take a close look. This matter will directly affect Internet operation and cost.
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July 11, 2006, 9:25 am
By
Va. Dem. Rep. Rick Boucher
In February of this year, as part of a settlement of litigation between VeriSign and the Internet Corporation for Assigned Names and Numbers (ICANN) relating to VeriSign's operation of the .com top level domain (TLD) registry, ICANN's Board of Directors narrowly approved changes to the .com registry agreement and submitted them to the Commerce Department for required review and approval. Concerns have been raised about potentially anticompetitive elements of this proposed agreement and its potential for creating a perpetual and unregulated monopoly over the single most valuable asset on the Internet - the .com domain name registry. These anti-competitive concerns are all the more alarming because .com makes up about 75 percent of domain name registrations in the United States and a significant percentage globally. Under the terms of the proposed agreement, control of the .com registry would be handed to one company, VeriSign, without any reasonable opportunity for rebidding the contract in the future and without effective limits on the maximum prices charged for .com registrations. It appears that these provisions would foreclose competition and lead to higher prices for consumers.
Last week I joined with Congressmen Cannon, Bachus and Inglis in calling on House Judiciary Subcommittee on Courts, the Internet, and Intellectual Property Chairman Smith to hold hearings on this matter. Hearings would allow Members of the Subcommittee to examine the implications and timing of the proposal and ensure that the goals of competition, consumer choice and innovation that both the Commerce Department and ICANN are obligated to promote are not thwarted.
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