Urges House leadership to work together to extend payroll tax cut 

 

Washington, DC - Today, Rep. Bruce Braley (IA-01) wrote House Speaker John Boehner and House Minority Leader Nancy Pelosi urging them to work together to pass a yearlong extension of the middle class payroll tax cut.

In December, a yearlong middle class tax cut extension became mired in partisanship and Washington gridlock.  After weeks of stalled negotiations and scorched-earth tactics, a two-month temporary extension of the middle class tax cut was ultimately passed.

"In less than two months, the short-term middle class tax cut extension will expire.  If Congress doesn't start working together now, we'll be in the same situation we were at the end of December: a partisan shouting match.

 

"Enough is enough.  Let's start working together now to extend the middle class tax cut and restore certainty for middle class families.  A yearlong extension will put $1,000 in the pocket of the average middle class family and help strengthen the economy.  America's middle class can't afford to wait until the last minute."

 

Braley has consistently worked across party lines for a yearlong middle class tax cut extension.  He was one of only 10 Democrats to support a Republican bill to couple a yearlong extension of the middle class tax cut with other provisions.  Braley also supported the compromise Senate bill that extended the middle class tax cut until the end of February.

Text of Braley's letter is below; a copy of Braley's letter can be downloaded at the following link: http://go.usa.gov/niP

 

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January 23, 2012

 

The Honorable John Boehner                       

Speaker

U.S. House of Representatives               

H-232, U.S. Capitol                       

Washington, DC  20515                         

 

The Honorable Nancy Pelosi

Minority Leader

U.S. House of Representatives

H-204, U.S. Capitol

Washington, DC  20515

 

Dear Speaker Boehner and Minority Leader Pelosi:

Please work together to extend until the end of the year the payroll tax cut that is set to expire at the end of February. This issue is far too important for our country's economic recovery to let politics stand in the way.

This middle class tax cut is essential for job creation and our economic recovery. Extending this middle class tax cut will keep nearly $1,000 in the pocket of the average family and 160 million Americans would benefit from extending this tax cut. That's money a family can keep to spend on groceries, clothes, utilities, etc.  This tax cut puts money back in the pockets of middle class families that will help spur demand and economic growth.

Both political parties shamefully used this issue as political leverage when we tried to extend the payroll tax cut in December, but continuing this tax cut is more important than Washington politics. This issue shouldn't be about Republicans and Democrats - it's good for our economy and it's good for Americans. It's time for Congress to finish the job.

We're facing some tough times, and people in this country are desperate for leadership.  They don't care about labels, they care about results.  Americans don't want to see political point-scoring and game-playing in Washington.  They want to see people come together to solve problems.  Both parties generally support the idea of extending this middle class tax cut.  It shouldn't be so hard to get this done.

Please stand up for American families by extending the payroll tax cut. Now is not the time to leave them hanging. I stand ready to work in any way possible to help make a year-long extension of the middle class tax cut a reality.

Sincerely,

 

Bruce Braley,

Member of Congress

 

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Braley Statement on the Resignation of Rep. Gabrielle Giffords

Waterloo, IA -- Rep. Bruce Braley (IA-01) released the following statement regarding the resignation of Rep. Gabrielle Giffords (AZ-08):

"Gabby Giffords' decision to step down from Congress hit me almost as hard as the terrible tragedy in Tucson that eventually led to her decision. Gabrielle represents everything good and noble about the institution of Congress. Her willingness to reach across the aisle and bring people together and her tireless enthusiasm for the importance of her work and its impact on her constituents inspires us to refocus on our most important job: to help people.

"I was not expecting to hear that my friend Gabby has decided to step down from Congress, but I'm glad she's doing what's best for her recovery and long-term health.

"For the last year, Gabby has been a symbol of hope and determination for all Americans.   She has inspired us to count our blessings, stop complaining, hug our loved ones and pay it forward to those who need our help.  In these troubled times  we need more people in Congress with a heart like hers.

"I hope Gabby's courageous fight will inspire a new generation of women and men to step forward and run for office. Carolyn and I continue to hold our friends, Gabby and Mark, in our thoughts and prayers as they move forward with their lives.

"I look forward to seeing Gabby again on Tuesday night."

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Waterloo, IA - Today, Rep. Bruce Braley (IA-01) released the following statement after learning of the death of US Marine Corps Master Sgt. Travis Riddick of Centreville, Iowa, in Afghanistan:

"My thoughts and prayers are with the Riddick family.  I am grateful for Master Sgt. Riddick's service and commitment to our country.  He made the ultimate sacrifice in the name of the country he loved.  I urge Iowans to keep the Riddick family in their thoughts during this difficult time."

 

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Washington, DC - Today, Rep. Bruce Braley (IA-01) released the following statement in response to Southwest Airlines' announcement that it would convert AirTran operations at Des Moines International Airport to Southwest Airlines service:

"Southwest Airlines' announcement is good news for Iowa travelers and the Iowa economy.  Southwest Airlines will bring reduced prices and increased competition to the Des Moines airport.  That means a more competitive business environment for Iowa employers and more money in the pockets of consumers."

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In case you missed it...

...there's another way to simplify regulations that may attract more consensus. Rep. Bruce Braley (D-Iowa) introduced a bill this week that would require that all federal regulations be written in clear, simple language that their intended audience can understand, reducing compliance costs for the private sector. He helped pass a similar bill last year to promote plain language in government, but it didn't touch regulations.

"Sadly, gobbledygook dominates the regulations issued by government agencies, making it almost impossible for small businesses to understand the rules of the road," Braley said in a statement about the bill.

The congressman offered an example of that "gobbledygook" when I interviewed him this week: The 300-page Volcker Rule, he said, "seems excessive to me," arguing that regulators trained in plain language would be able "to produce a document that's much simpler and much easier to understand."

Simplifying regulations is not so simple

Washington Post

1/19/12

Opponents of government regulations typically complain about the burden they impose on private-sector firms that have to comply with them, burden that they say dampens economic growth.

Part of that burden has to do with the sheer complexity of the regulations themselves, especially when taken together as a whole.

One financial industry consulting firm describes that web of regulatory mandates as a "complexity risk." In a new industry report flagged by Joe Nocera, the consulting firm Federal Financial Analytics argues that "the sum total of all the U.S. and global rules aimed at preventing financial crises" can end up having unintended consequences.

The study points out that both regulators and industry players tend to look at regulations in a "silo" fashion, without considering how the individual parts may overlap, contradict or otherwise work against each other. Federal Financial Analytics emphasizes that it doesn't oppose many of the new regulations, per se, but that many critical pieces need to be streamlined.

For example, the firm proposes creating "a more uniform capital framework" to make it easier for firms to comply with new U.S. and global capital standards. It also wants CEOs to be responsible for monitoring only risks that truly threaten their own firms or the financial system instead of "the minutiae."

But there can be big differences between how regulators and industry leaders would simplify byzantine regulations. The suggestion to reduce the number of risk factors that bank chiefs are responsible for monitoring which might concern regulators. But giving more discretion and power to regulators would likely concern industry. And finding a compromise between the two can often make a law even more complex.

Federal Financial Analytics blames such regulatory complexity on "over engineered standards" produced by a host of expert regulators. But industry lobbyists are also driving these deliberations to carve out exceptions if things aren't moving in their direction. As a result, achieving "simplicity" can be harder than it sounds in the abstract.

That said, there's another way to simplify regulations that may attract more consensus. Rep. Bruce Braley (D-Iowa) introduced a bill this week that would require that all federal regulations be written in clear, simple language that their intended audience can understand, reducing compliance costs for the private sector. He helped pass a similar bill last year to promote plain language in government, but it didn't touch regulations.

"Sadly, gobbledygook dominates the regulations issued by government agencies, making it almost impossible for small businesses to understand the rules of the road," Braley said in a statement about the bill.

The congressman offered an example of that "gobbledygook" when I interviewed him this week: The 300-page Volcker Rule, he said, "seems excessive to me," arguing that regulators trained in plain language would be able "to produce a document that's much simpler and much easier to understand."

Plain Regulations Act would require government rules be written in clear, concise language

 

Washington, DC - Today, Rep. Bruce Braley (IA-01) introduced a new bill - his first of 2012 - to streamline government regulations in an effort to save small businesses time and money.

The Plain Regulations Act would require the government to write new and updated regulations in clear, simple, easy-to-understand language.

"Whether you like or loathe government regulations, I think everyone can agree that when they exist they should be written as clearly as possible," Braley said.  "Sadly, gobbledygook dominates the regulations issued by government agencies, making it almost impossible for small businesses to understand the rules of the road.

 

"The Plain Regulations Act would simplify rules, saving small businesses time and freeing up money that can be better used investing in growing the business and creating jobs."

 

The costs to small businesses of complying with government regulations are significant.  The National Small Business Association has estimated that businesses with less than 20 employees pay an estimated $7,600 per employee to comply with regulations.

"Simplifying regulations won't eliminate the costs of compliance, but it will reduce them.  And it's an easy way to save small businesses money that can quickly attract bipartisan support."

 

Examples of lengthy, overly complex regulations abound.  As part of the Affordable Care Act, the Department of Health and Human Services recently published a 189 page rule outlining the requirements for doctors to form Accountable Care Organizations.  Doctors have complained that the regulations are too complex and convoluted for them to understand.

 

Braley is known for his efforts to simplify government writing.  In 2007, Braley launched a three-year effort to require the government to write forms and documents like tax returns in easy-to-understand language with the introduction of the Plain Writing Act.  The bill was signed into law by President Obama in 2010, and improves the accountability of the federal government by promoting clear communication that the public can understand and use.  The law went into effect in July of 2011.

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Washington, DC - Today, Wednesday January 18, 2012, Rep. Bruce Braley (IA-01) released the following statement regarding the Stop Online Piracy Act (SOPA):

"I strongly oppose SOPA, even though I remain concerned about the significant problem of online piracy.  Over 800 Iowans have already contacted me expressing their opposition to SOPA, telling me it threatens free speech online.  I agree.

 

"America's great strength has always been innovation built on the open exchange of ideas.  Every new idea is built on the shoulders of those that preceded it.

 

"Limiting the free exchange of information online would stifle technological progress and put the United States at a competitive disadvantage with other nations.  That's the wrong move for American innovation and advancement."

 

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Will discuss introduction of the Plain Regulations Act

 

Washington, DC - Rep. Bruce Braley (IA-01) will hold his weekly press conference call with Iowa reporters this morning at 10:30am CST.

 

Braley will discuss the introduction of the Plain Regulations Act, a bill modeled after his successful Plain Writing Act signed into law by President Obama in 2010, which will require the federal government to write rules and regulations in clear, concise, easy-to-understand language.  Braley says the legislation would save small businesses time and money.

 

WHAT: Bruce Braley's weekly press call with Iowa reporters

 

WHEN:                 TODAY, Wednesday January 18th, 2012

11:30am EST // 10:30am CST

 

CALL-IN:               866-704-2208

PASSCODE:         2414543#

 

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Braley Statement on Martin Luther King, Jr. Day 

 

Washington, DC - Today, Rep. Bruce Braley (IA-01) released the following statement in recognition of Martin Luther King, Jr. Day, which will be observed on Monday, January 16th:

"Dr. King's values and work in the face of violence, indifference, and entrenched prejudices remind us that the work of one person willing to speak up against injustice can change the world.  Because of Dr. King's work, his dream of a nation where people are judged by the content of their character, rather than the color of their skin, is closer to fruition.

"While that dream is yet to be fulfilled, Dr. King's legacy lives on in our hearts and minds.  Dr. King stood up for people who didn't have a voice when others failed to stand up for them.  His life should inspire all of us to fight for those among us?of any color, background, or creed?who've had their voices taken away."

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Waterloo, IA - On Sunday and Monday, Rep. Bruce Braley (IA-01) will observe Martin Luther King, Jr. Day at events in Waterloo and Cedar Rapids.

Sunday, January 15, 2012

5:00pm                 Waterloo Martin Luther King, Jr. Dinner

Five Sullivan Brothers Convention Center

Waterloo, Iowa

 

Monday, January 16, 2012

 

11:30am               Cedar Rapids United Way Martin Luther King, Jr. Day Banquet

Class Act Restaurant

7725 Kirkwood Blvd. SW

Cedar Rapids, Iowa

 

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