Business & Economy
Lt. Governor Simon to support strip club tax PDF Print E-mail
News Releases - Business & Economy
Written by Kathryn Phillips   
Tuesday, 21 February 2012 09:16

CHICAGO – Lt. Governor Sheila Simon, Sen. Toi Hutchinson and women’s advocates will support an entrance fee on strip clubs to raise money for rape crisis centers and violence prevention.

DATE: Friday, February 17

TIME: 1:45 p.m.

PLACE: Blue Room, 15th floor, Thompson Center, 100 W. Randolph St., Chicago

In Case You Missed It: Schilling Floor Statement on his Bipartisan Bill to Reform Small Business Contracting PDF Print E-mail
News Releases - Business & Economy
Written by Andie Pivarunas   
Tuesday, 21 February 2012 09:04

Washington, DC – February 16, 2012 - In case you missed it, Congressman Bobby Schilling (IL-17) spoke on the floor of the House of Representatives this morning in support of the Building Better Business Partnerships Act, bipartisan legislation he introduced last week with Congresswoman Judy Chu (CA-32).  This bill will streamline the process for small businesses to participate in mentor-protégé programs which pair new businesses looking to increase their government contracts with more experienced businesses.  To view Schilling's floor statement, click here or on the image below.

As part of the Small Business Committee’s contracting initiative, two other bipartisan pieces of legislation were introduced last week with the goal of creating protections to fight contracting fraud and empowering advocates who fight for small business during the federal acquisition process.  More information on the Committee’s initiative can be found here on the Committee’s website.

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Schilling Will Return $110,000 to Taxpayers PDF Print E-mail
News Releases - Business & Economy
Written by Andie Pivarunas   
Monday, 20 February 2012 15:56

Washington, DC – Congressman Bobby Schilling (IL-17) not only voted to cut his office budget more than 10 percent since taking office, but will return $110,000 of his 2011 office budget to taxpayers, he said today.

Each congressional office is allotted an annual office budget, or Members Representational Allowance (MRA), from which it pays operating expenses such as district office rent, staff salaries, office supplies, and all mailings to constituents.  Schilling not only voted to reduce his 2011 office budget by 5 percent, but is returning another 8 percent or $110,000 to taxpayers in 2011.  He has voted to reduce Members’ office budgets another 6.4 percent in 2012 and expects to return a portion of that to the taxpayers at the end of the year as well. 

“At a time when we are borrowing 42 cents of every dollar Washington spends, Congressional offices like mine should make do with less,” Schilling said.  “While some expenses may vary from year to year based on the needs of the district, I am proud my offices have been successfully providing high-quality services to my constituents while reducing our overall expenses and remaining mindful of taxpayer dollars.  The $110,000 I am returning may not solve our debt crisis, but every dollar counts.  Congress must lead by example to end Washington’s spending addiction on behalf of the taxpayer.”

Schilling spent a total of $151,138 less in 2011 than his predecessor did in 2010, including $405,018 less on staff salaries and expenses alone.  He spent a total of $103,038 less than what his predecessor spent in 2009, including $362,018 less on staff salaries. 

Schilling has brought his own health care to Washington, rejected congressional pay raises and the pension, and has authored legislation to tie Members of Congress' access to their federal pensions to the Social Security age of their constituents.  Schilling also has authored the Savings Over Spending Act to incentivize smarter spending across the agencies of the federal government by discouraging end-of-year  “spend downs."

This week, Schilling also sent a letter to Speaker of the House John Boehner (OH-08), asking that the House work to ensure a Member of Congress’ returned MRA funds are sent immediately to the Treasury in an effort to pay down our national debt.  Currently, these unspent funds are held in a separate fund for two years prior to being sent to the Treasury. 

“Going forward, the immediate return of unspent MRA funds to the Treasury for debt reduction should be the standard by which we govern,” Schilling wrote.  “The more incentives we have at our disposal to save taxpayer money, the better.  This is their money.”

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Young Americans View China as a Threat; List National Debt and Indebtedness to Foreign Powers as America's Top National Security Issues -- A Primer for Vice President Xi Jinping PDF Print E-mail
News Releases - Business & Economy
Written by Christian Newswire   
Monday, 20 February 2012 09:03
Future Chinese leader tours America, engages in multiple press events to improve China's image with stops in DC, Iowa, and California

WASHINGTON, Feb. 14, 2012 /Christian Newswire/ -- As Chinese Vice President Xi embarks on a five-day tour of the United States, which includes trips to the District of Columbia, Iowa, and California, Generation Opportunity is highlighting results from its national poll demonstrating how America's young adults view threats to America, American national security, and its relationship to federal spending. The poll focuses specifically on young Americans ages 18-29 and reveals the opinions of young Americans on issues such as indebtedness to China, U.S. debt, and a variety of economic challenges.

Vice President Xi Jinping is expected to assume control of the Chinese Communist Party later this year and to then become president of China in 2013.

The poll reveals that 76 percent of young American adults view China as either an economic or military threat, 62 percent believe the top American national security issue is the U.S. debt -- followed by energy dependency and indebtedness to foreign powers -- and over 70 percent indicated very big concerns about America's deficit.

"Young Americans are very strong in their belief that America is an exceptional nation, but they believe that our growing debt, our indebtedness to foreign powers, like communist China, and our dependency on foreign sources of energy pose a threat to our national security. As vice president Xi tours America, he should understand that the overwhelming majority of young Americans view the Chinese government as an economic or military threat and that they are committed to increasing American economic and energy independence so that the United States remains a global leader.

"It is hard for Americans, especially young adults, to be impressed by foreign leaders who deny their citizens the basic human freedoms of speech and religious expression, especially in the age of social media and global commerce," said Paul T. Conway, president of Generation Opportunity and the former Chief of Staff of the U.S. Department of Labor under Secretary Elaine L. Chao. Conway has also served as an official at the U.S. Department of Homeland Security and is an alumnus of the Senior Executives in National and International Security program at Harvard University's John F. Kennedy School of Government.

To reduce these vulnerabilities and manage America's national security challenges, young Americans believe elected officials in Washington, D.C. need to get the country on more stable economic footing by cutting federal spending rather than raising taxes. They also believe the U.S. needs to increase the production of domestic energy sources such as oil, natural gas, and coal.

Generation Opportunity commissioned a poll with the polling company, inc./WomanTrend (April 16 – 22, 2011, +/- 4 percent margin of error) and highlights some of the results below.

The China Threat:

  • 76 percent of Young Americans view China as a danger:
    • 48 percent as an economic threat
    • 28 percent as both an economic and military threat.

American National Security:

  • Top 3 greatest threats to American National Security: National Debt (62 percent), Energy Dependency (61 percent) and Indebtedness to Foreign Powers (50 percent). The threat of terrorism at (39 percent) followed as the fourth major national security concern.
  • 71 percent indicated very big concerns about America's "deficit."
  • 70 percent (net) would increase production of domestic energy sources like oil, natural gas and coal.

American Exceptionalism:

  • 56 percent -- more than half -- indicated their agreement with "American Exceptionalism" -- described as an ideal of freedom and democracy exclusive and unique to the United States.

Young Americans Views on Washington Leaders and the Economy:

  • 69 percent say political leaders do NOT reflect the interests of young Americans.
  • Only 31 percent approve of President Obama's handling of American youth unemployment.
  • 76 percent of overall Millennials would favor a decrease over an increase in federal spending from its current level if given the chance to set America's fiscal priorities.
  • 69 percent prefer reducing federal spending over raising taxes on individuals in order to balance the federal budget.
  • 59 percent of overall Millennials agree the economy grows best when individuals are allowed to create businesses without government interference.
  • 53 percent of overall Millennials agree if taxes on business profits were reduced, companies would be more likely to hire.

Generation Opportunity is a non-profit, non-partisan 501 (c)(4) organization that seeks to engage everyone from young adults, to early career professionals, college students, young mothers and fathers, construction workers, current service men and women, veterans, entrepreneurs, and all Americans who find themselves dissatisfied with the status quo and willing to create a better tomorrow.

Generation Opportunity operates on a strategy that combines advanced social media tactics with proven field tactics to reach Americans 18-29. The organization’s social media platforms -- "Being American by GO" on Facebook and "The Constitution by GO" on Facebook -- have amassed a total fan base of more than 2.3 million. Both pages post links to relevant articles and reports from sources ranging from the federal General Accountability Office (GAO), to The New York Times, The Washington Post, The Brookings Institution, The Wall Street Journal, The Huffington Post, and The Heritage Foundation.

Read about Generation Opportunity here; visit "Being American by GO" on Facebook here and "The Constitution by GO" on Facebook here.

For our Spanish-language page -- Generación Oportunidad -- click here.



Braley Statement on Middle Class Tax Cut Extension Developments PDF Print E-mail
News Releases - Business & Economy
Written by Jeff Giertz   
Tuesday, 14 February 2012 12:55

Washington, DC -- Rep. Bruce Braley (IA-01) released the following statement today after media reports indicated that House Speaker John Boehner will bring a stand-alone bill to the full House for a vote this week to extend the middle class payroll tax cut through the end of 2012.   Unless Congress acts, the middle class payroll tax cut will expire at the end of February.


“I’m encouraged that Speaker Boehner is putting aside partisanship to bring a yearlong extension of the middle class tax cut up for a yes-or-no vote this week.  This tax cut is good for the economy, and it shouldn’t matter what’s good for the Republican or Democratic party.  This tax cut will put $1,000 back in the pocket of the average Iowa family – Iowans can ill-afford any more political games on this issue.  I look forward to voting on this bill.”

In January, Braley wrote to Speaker Boehner and Democratic Leader Nancy Pelosi urging them to work together to extend the middle class tax cut for a full year.

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