A message from Senator Mike Enzi on the Debt Ceiling Deal
As I travel across Wyoming this month, I’ve heard from residents every day expressing their frustrations with Washington, the debt ceiling deal and the lack of a long-term solution for dealing with our national debt. This issue, even with the passage of the debt ceiling increase, remains one of the most important issues facing our country.
Every day Washington must borrow 40 cents of every dollar it spends. This addiction to spending is not fiscal stewardship by any means and only saddles future generations with bills they will never be able to pay back. This is why we must continue to push for solutions that will get the country back on track financially for the short- and long-term.
One of these solutions is my “1% solution” that I introduced with Rep. Connie Mack. You may have heard it called the “penny plan” or the “1 cent plan.” The bill would require Washington to cut a single penny (a 1% spending cut) from every dollar the federal government spends for 7 years and caps spending at 18 percent of America’s total economic output after achieving a balanced budget in the eighth year. That 1% translates to over $7.5 trillion in spending cuts over ten years! You can find out more about the plan by visiting: http://www.onecentsolution.org/.
I also remain steadfast in my support of a balanced budget amendment to the Constitution and the Cut, Cap and Balance Act –I am a co-sponsor of both bills.
No matter what path we take to get our fiscal house in order, we need to remember that this is not a simple or short-term problem. We didn’t get $14 trillion in debt overnight and getting out of this hole begins when we stop digging. It will require a principled stand against more spending at every turn. As Senator Barrasso has said on numerous occasions, the debt ceiling deal fight was round one in a fifteen round fight. While there were better bills and ideas offered, the bill that passed was the first step in the right direction: it cut spending more than the debt ceiling was increased and set up a process for more spending cuts in the coming months.
I remain committed to working with my colleagues on both sides of the aisle to address this issue and ensure that folks in Wyoming do not have to bear the burden of more debt.
On the Horizon
As Congress returns to session in September, there are many important legislative proposals on the horizon.
In the coming months Congress will consider:
- Patent reform.
- Three free trade agreements that have the potential to create thousands of American jobs.
- The re-authorization of a workforce training law known as the Workforce Investment Act (WIA).
- The annual National Defense Authorization Act (NDAA).
- All annual appropriation bills.
You can find out more about these issues and other pending legislative proposals by visiting: www.enzi.senate.gov.
Wyoming state offices
Senator Enzi's five state offices in Cheyenne, Gillette, Casper, Cody and Jackson offer office hours where Wyoming residents have the opportunity to meet with Senator Enzi’s state representatives in his absence. State offices are open Monday-Friday. For contact information, click here.
Connect with Senator Enzi on FacebookIf you haven't already become a "fan" of Senator Enzi's Facebook page, check it out. It is a great way to see more of what is going on in Congress. Click here to view his page.
Enzi encouraged by wolf management agreement
“I appreciate Governor Mead’s hard work to come up with a solution that works for both Wyoming and for the Department of Interior,” Enzi said. “Wolf populations have exceeded all recovery goals. Their population growth is endangering our state’s wildlife and livestock industries. We cannot allow that to continue, and it is time to remove these predators from protection under the Endangered Species Act in Wyoming as with bordering states Idaho and Montana. Removing wolves from the Endangered Species List has been a priority of mine since I came to the Senate.”
New Health Care Law is Already Driving Up Insurance Premiums
More than two years ago, the Congressional Budget Office stated that the new health care law was going to increase premiums for individuals and families by 10 to 13 percent. This is an increase of up to $2100 per family.
Insurance premiums are expected to rise by 9.4% in 2014. The rate increases are 4.4% higher than it would have otherwise been as a result of the new health care law.
“As predicted, the new health law is already driving up health insurance premiums,” said Senator Enzi. “The authors of the health care law do not want to acknowledge that the reason premiums are going up is because the law they enacted is driving health care costs up. We need to enact provisions that will actually lower health care costs, help employers and allow Americans to keep the plans they want, rather than being forced to buy the plan that a government bureaucrat thinks best meets their needs.”
Did you know...?
There is a wide misconception that members of Congress do not participate in Social Security. This rumor is actually FALSE and all members of Congress are required by law to participate in Social Security.
Since 1984, federal employees are covered by the Federal Employees’ Retirement System (FERS). This is the system that all federal employees –including members of Congress- contribute toward the cost of their pensions through a payroll tax, in addition to their participation in Social Security.
If you’re from Wyoming and ever in Washington, D.C, Senator Enzi and Senator Barrasso co-host a weekly event for constituents to meet their Senators one-on-one.
Wyoming Wednesdays are every Wednesday while the Senate is in session and open to all Wyoming residents who would like to stop by and visit with their Senators. For more information, visit: www.enzi.senate.gov.
General Electric (GE) is hosting a free conference in Casper on Wednesday, August 24, to help Wyoming businesses partner with larger corporations. GE will host buyers from GE Aviation and GE Energy, as well as GE Tier I suppliers looking for Wyoming companies that can fill increased production demands.To find out more about the GE Conference and to register for this opportunity for your business, visit: www.regonline.com/wyoming_ge.