It seems to me that this is an opportunity to make Puerto Rico an enterprise zone, to dramatically reduce the tax and regulatory burdens.
Tom McClintock
The Public Record
Thomas Miller McClintock is an American politician serving as the U.S. Representative for California's 5th congressional district since 2009. A member of the Republican Party, he has been an advocate for limited government and fiscal conservatism throughout his political career. McClintock has focused on issues such as tax reform, environmental policy, and government spending. He previously served in the California State Assembly and as a member of the California State Senate, where he gained recognition for his commitment to conservative principles.
Granting Puerto Rico such unprecedented bankruptcy authority would likely raise the borrowing costs of our states.
Puerto Rico got lower interest rates to borrow precisely because of this assurance of stability.
Puerto Rico seems to me to be a poster child for a heavily regulated and government-managed economy and Keynesian deficit stimulus spending.
The same principle applies to rewriting the rules after they have been agreed to and loans have been made under those rules.
The current releases from Folsom are due to flood control regulations that are badly outdated.
We cannot do that because of environmental regulations that are not only outdated, but, in many cases, have been found to be either defective or actually fraudulent.
I am very concerned that the lesson that this government is teaching is that it does not care about the residential needs of users.
We have not accomplished the stated purpose of these laws, which was to improve the environment.
The interest on that debt is the fastest-growing component of the Federal budget.
Our government's good credit is vital to everything that we do here. And there are two ways to wreck that credit: by borrowing too much; or by failing to pay it back on time and in full.
That is why we dare not increase the debt without also correcting what is causing it.
Within 5 years, it will consume more than we now spend for our entire defense establishment.
And just a few years ago, then-Senator Barack Obama vigorously opposed an increase in the debt limit sought by the Bush Administration.
Congress alone has the constitutional power to tax, to borrow, and to spend. We regulate our borrowing through the debt limit.
The United States now staggers under $19 trillion of debt, nearly half of it run up in the last 8 years.
If you are paying your home mortgage with your credit card, and that is essentially what this country is doing at the moment...
Today the Subcommittee on Federal Lands has come to St. George to hold an oversight hearing on the Bureau of Land Management's draft Resource Management Plan pursuant to the Omnibus Public Land Management Act of 2009.
The Secretary of the Interior shall identify a route. It does not say 'study' or 'consider,' and it does not say 'may.' It says 'shall identify a route.'
If you get in bed with the Federal Government, you had better be prepared for something more than a good night's sleep.
The elected representatives of the city and county whose people pay the taxes and whose livelihoods and quality of life depend upon these projects?





