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Economy

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March 17, 2017 Press Release

President Trump’s budget proposal is just that, a proposal; Article 1 Section 9 of the Constitution reserves the power of the purse strings to Congress. While we only have top line numbers from the President, I am happy to see the defense sequester being pushed away, but unhappy to hear funding for the Chesapeake Bay cleanup has been cut in the budget. I look forward to working with my colleagues on the Appropriations Committee, the rest of Congress, and the President to ensure completion of our constitutional duty.

March 1, 2017 Press Release

WASHINGTON D.C.- March 1, 2017—Congressman Scott Taylor announced his support for the Searching for and Cutting Regulations that are Unnecessarily Burdensome (SCRUB) Act, H.R. 998. The SCRUB Act creates a regulatory review commission that will review and provide recommendations as to which regulations to repeal. The SCRUB Act also provides that for each new regulation there must be an equal repeal of an existing regulation implemented.

January 13, 2017 Press Release

WASHINGTON D.C.- January 13, 2017— Today, Rep. Scott Taylor announced his support of the Fiscal Year 2017 budget which paves the way for the repeal of the Affordable Care Act through a budget process called reconciliation. 

January 11, 2017 Press Release

WASHINGTON D.C.- January 11, 2017— Today, Congressman Scott Taylor supported H.R. 5, the Regulatory Accountability Act, which would require federal agencies to abide by several new measures that would help to peel back years of executive and agency overreach. Under this legislation, courts would no longer be allowed to defer to an agency’s interpretation of law. It would also delay implementation of regulations and require hearings and advanced notice for those that have a large fiscal impact.  Several other provisions provide for more transparency to the public.

January 5, 2017 Press Release

WASHINGTON D.C.- January 5, 2017— Today, Congressman Scott Taylor announced his strong support of the REINS Act. The REINS Act, which stands for Regulations From the Executive In Need of Scrutiny, puts limitations on Executive Branch over-reach by requiring federal agencies to go through Congress if there is a fiscal impact of more than $100 million dollars per year on the economy.