Financial Services, Jobs, and the Economy

House Panel Approves Startup Bills, Paving Way For Floor Votes

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By Andrew Ackerman and Alan Zibel Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--In a rare display of bipartisan agreement Wednesday, a U.S. House panel approved four bills that aim to make it easier for small businesses to raise money, clearing the way for the full House to vote on the measures next week. The bills approved by the House…

HDR: McHenry: House acted responsibly with Cut, Cap and Balance Act

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As we approach the Aug. 2 deadline for raising our debt ceiling, we must consider one of the only things both sides agree on – the national debt limit should represent our nation’s commitment to sound fiscal management of our government. Therefore, we must admit that the act of raising the debt ceiling proves that Washington has failed fiscally and economically to manage the American taxpayer’s money.

VIDEO: Step off the elevator in this "Skyscraper of Debt"

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This week, Congressman McHenry released "A Skyscraper of Debt," a new video where he breaks down the consequences of our nation's debt crisis for families and small businesses. In the video, Congressman McHenry outlines the realities facing our national economic outlook should we fail to enact meaningful spending cuts along with any increase to our debt limit.

How did you celebrate the first birthday of Obama’s “Recovery Summer?”

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This past Friday marked the one-year anniversary of the beginning of the Obama Administration’s “Recovery Summer,” the three month “victory lap” designed to celebrate the “success” of their stimulus plan. Senior Advisor David Axelrod touted their summer campaign, stating, “Just over a year later, the Recovery Act is putting millions of Americans to work and helping the economy grow again.”