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GovernmentCornyn introduces bill to hold federal agencies, programs accountableCreates federal sunset commission, based on Texas model, to evaluate how to save taxpayers’ dollars From the Office of Senator John Cornyn July 12, 2007
Create an eight member bipartisan Commission, made up of four Senators and
four Representatives, that will look at the effectiveness and efficiency
of federal programs and agencies. – History of Sen. Cornyn’s efforts to protect taxpayers’ dollars and ensure fiscal responsibility –Permanent Sales Tax Deduction Bill Sen. Cornyn is an original co-sponsor of the Permanent Sales Tax Deduction bill, S. 180. This deduction levels the playing field for Texans and annually provides $1 billion in tax relief. Amendment to slow future income tax rate increases While the Senate was considering the budget for fiscal year 2008, Sen. Cornyn authored an amendment that would create a point of order against raising income taxes by requiring a super-majority of the Senate, or 60 votes, to pass any legislation that increases income tax rates on the American people. He fought to include his bipartisan amendment in the 2008 budget. The Senate passed his amendment by a vote of 63-35, but Democrats stripped it out in the conference on the budget with the House of Representatives—despite unanimous passage of a measure instructing the Senate’s negotiators to include it in the final budget. Stop Over-Spending Act of 2007 In May, Sen. Cornyn joined several of his colleagues in introducing legislation to control federal spending, reduce the deficit and curb runaway entitlement spending. The Stop Over-Spending (S.O.S.) Act of 2007 would require Congress to reduce the growth of “mandatory,” or entitlement spending, if deficit targets are not met. It would also institute automatic across-the-board reductions in discretionary spending if Congress can’t meet established spending caps. Also included in the comprehensive package is Sen. Cornyn’s 60-vote point of order against legislation that increases income taxes. Amendment to reform entitlement spending In March, Sen. Cornyn introduced an amendment that would reform runaway entitlement spending and save taxpayers $34 billion over the next five years by eliminating waste, fraud and abuse in government programs. Fair Tax Act Sen. Cornyn supports the Fair Tax Act, which would replace income, capital gains, payroll, estate, gift, corporate and self-employment taxes with a national retail sales tax. The IRS would also be significantly downsized and reformed. --Additional information--Questions and Answers on the Authorization and Sunset Commission Act: http://www.cornyn.senate.gov/index.asp?f=page&pid=338 . Sen. Cornyn’s statement for the Senate Record on the Authorization and Sunset Commission Act: http://www.cornyn.senate.gov/index.asp?f=record&rid=237510 http://cornyn.senate.gov/index.asp?f=page&pid=324&lid=1 . Sen. Cornyn serves on the Armed Services, Judiciary and Budget Committees. In addition, he is Vice Chairman of the Senate Republican Conference and the Senate Select Committee on Ethics. He serves as the top Republican on the Judiciary Committee’s Immigration, Border Security and Refugees subcommittee and the Armed Services Committee’s Airland subcommittee. He served previously as Texas Attorney General, Texas Supreme Court Justice, and Bexar County District Judge. |
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