Congressman McCaul’s August Work Period
You may have seen last week’s report from Federal Reserve Chairman Ben Bernanke that described economic growth as “less vigorous than we expected”. That was reflected in meetings I had with families and businesses across my district last week, that continue to experience economic hardship because of this administration’s policies and the uncertainty of extending tax cuts that expire at the end of this year.
Allowing the tax cuts to expire will amount to more than $3.6 trillion in new taxes. Americans of all income levels would pay an average of $2,200 more in taxes than they paid in 2010. I believe that during a recession is the absolute worst time to increase taxes on families that are trying to make ends meet and businesses that are struggling to create jobs.
I still believe in this country and the attitudes of the people I meet give me optimism that we will turn this around. But to do it we need to cut taxes and bring down our nearly $14 trillion deficit.
I would like to share with you results of a survey that my office mailed randomly across the 10th District this summer. From Austin to the Houston area more than 3,000 people responded, and the majority of people disagree with the direction that the current leadership is taking this country.
High Tech Legislator of the Year
I am honored to receive TechNet’s Founders Circle Award as Legislator of the Year. TechNet presents this to members of Congress for their support of policies that benefit growth of the high tech industry. I received the award last week while touring several tech companies in Austin that play major roles in cybersecurity, defense and food safety testing. I continue to work in a bipartisan way to make R&D Tax Credits permanent and to promote STEM education.
Hwy 290 Update
We are getting closer to formalizing a strategy to expand the U.S. 290 corridor between Houston’s 610 Loop and Hempstead. Last week our task force of elected officials at all levels plus TXDOT and the Cy Fair Chamber, convened to narrow down options for lane expansion and how to pay for it. It is likely that 290 will remain a freeway and that drivers on the Hempstead Highway will have the option of toll lanes. My goal is to secure a portion of the funding from the federal level.
TexasSchoolfor the Blind
Last week I toured the newly renovated Texas School for the Blind and Visually Impaired in Austin. Most of the 1916 complex is now transformed and is a facility that all of Texas can be proud of. I’m proud that I have been at the forefront of increasing available resources for Deafblind programs in Congress.
Congressman McCaul has a laugh with a student during a tour of the Texas School for the Blind and Visually Impaired in Austin.
As we move our mission from combat to support and bring our troops home I would like to take this moment to thank all of our men and women in uniform, their families, the wounded, and pay tribute to those who made the ultimate sacrifice. I am so proud of this great generation. Our perseverance has brought us to this day when we can finally bring them home with honor.