Tag: Fiscal Responsibility

U.S. SENATE —U.S. Senator Steve Daines is urging President Biden and Senate Majority Leader Chuck Schumer to protect Montanans’ financial privacy and abandon the Biden administration’s unprecedented proposal to force banks and other financial institutions to report customer information, such as deposits or withdrawals of as little as $600, directly to the IRS. At a U.S. Senate hearing today, Daines raised his concerns that this proposal would be especially burdensome for smaller banks and credit unions in Montana, which would be required to submit additional information to the IRS on nearly all of their customers. Watch and download the remarks HERE. Then

U.S. SENATE— U.S. Senator Steve Daines today spoke on the floor of the United States Senate urging his colleagues to oppose Congressional Democrats’ reckless $3.5 trillion tax and spending spree bill. The Democrats’ proposed bill would push America down the path of socialism and force Montanans to pay for it through massive new tax hikes. To watch the full speech, click HERE. Daines’ remarks as prepared for delivery: “I rise today to join my colleagues in speaking out against the Democrats’ reckless $3.5 trillion dollar tax and spending spree bill that Chuck Schumer and Nancy Pelosi are rushing through Congress.   “This is the largest spending bill in our nation’s

U.S. SENATE —U.S. Senator Steve Daines released the following statement after the United States House of Representatives voted to pass the $4 trillion budget resolution with a commitment to vote on the $1 trillion infrastructure package next month. “We knew all along Nancy Pelosi and House Democrats would prioritize their far-Left agenda over the needs of the American people. The Democrats had always planned to force their liberal wish-list of social policies through Congress with or without the support of Republicans. It is astonishing that as Montanans are already facing skyrocketing prices and soaring inflation, Democrats believe the best solution is to grow the government, spend more money we don’t have and impose taxes on hardworking

U.S. SENATE – U.S. Senator Steve Daines urged President Biden to renominate Jerome Powell for another term as Chair of the Board of Governors of the Federal Reserve to promote economic stability and further the economic recovery. “In order to promote continued economic stability, I respectfully urge you to renominate Jerome Powell as Chair of the Federal Reserve Board of Governors,” Daines said. “I believe doing so would send a strong signal to households, businesses, and consumers that the head of the Federal Reserve continues to enjoy broad bipartisan support, and will act as necessary to achieve its dual mandate of price stability and maximum employment. In

U.S. SENATE —Today, U.S. Senator Steve Daines released the following statement after Senate Democrats unveiled the details of their $4 trillion budget resolution that will radically expand the federal government, increase taxes for Montana families and businesses and put a massive amount of debt on the backs of Montanans. “Montanans are already grappling with soaring inflation and skyrocketing prices on everything from gas, to housing costs, to groceries. The reckless tax and spending spree bill the Democrats are now pushing will do nothing but hurt hardworking Montana families, small businesses, farmers and ranchers,” Daines said. “This behemoth of a spending bill is packed with far Left,

U.S. SENATE —U.S. Senator Steve Daines made the following statement after Senate Democrats announced a massive $3.5 trillion spending plan with major tax increases: “Just yesterday, Montana families woke up to more disastrous news on inflation, which is at a 13-year high, and they are quickly being priced out of affording everyday necessities like food and gasoline. Democrats are foolish to think a massive $3.5 trillion tax and spend plan will help Montana families. Montanans don’t want bigger government and bigger government is not the answer. They want to keep their hard-earned dollars and they want those dollars to be worth something

U.S. SENATE —U.S. Senator Steve Daines today released the following statement after President Biden submitted his budget request to Congress. “The President’s budget is packed with wasteful spending that will strap future generations with trillions of dollars in debt to advance his liberal agenda,” Daines said. “Included in this budget are billions of taxpayer dollars for Planned Parenthood and more of Biden’s anti-energy agenda that will kill Montana jobs and raise costs for Montana families. This massive tax and spend proposal must be defeated.” ### Contact: Katherine McKeogh, Katie Schoettler