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As Christmas quickly approaches, I find myself thinking about events that happened 66 years ago this week. Fighting Nazis in Belgium, members of the 101st Airborne found themselves in perilous danger. Freezing, short on provisions and hopelessly out-gunned the 101st held on to achieve one of the seminal moments in World War II.
Earlier today, President Obama signed H.R. 4853, the Middle Class Tax Relief Act of 2010, into law (more on the specifics below). I am pleased that Congress and the Administration were ultimately able to work in a bipartisan manner to protect the American people from the largest tax increase in history.
In the current lame duck session of Congress, there is still much work to be done. With just a few weeks to go until the New Year, Congress still has not acted to prevent the largest tax increase in American history.
As Washington dithers, Americans are left to wonder what their tax rates will be in 2011. However, if there is a silver lining in this debate, it's that both sides are now seriously talking about significant changes to the tax code.
WASHINGTON— House Small Business Committee Chairman Sam Graves (R-MO) today held a full committee hearing to examine the impact on small businesses that may result from LightSquared's use of its spectrum to provide broadband service near the Global Positioning System (GPS). Small businesses, including farmers, construction contractors, surveyors, and the general aviation industry, rely on the accuracy of GPS. Potential interference with GPS raises significant concerns to these small companies.
WASHINGTON— House Small Business Committee Chairman Sam Graves (R-MO) today issued the following statement on today's House vote on the three pending free trade agreements, H.R. 3078 - United States-Colombia Trade Promotion Agreement Implementation Act, H.R. 3079 - United States-Panama Trade Promotion Agreement Implementation Act, and H.R. 3080 - United States-Korea Free Trade Agreement Implementation Act:
(Washington D.C.) - U.S. Congressman Sam Graves today introduced legislation to extend and expand the teacher tax deduction for teachers who purchase classroom supplies for their students with their own money. Graves proposes extending the tax deduction to 2017 and increasing the amount deductable for full-time teachers from $250 to $500. It would also create a new tax deduction of $250 for part-time teachers.
This week I was selected by my colleagues to lead the Small Business Committee, one of 21 committees in the House of Representatives. This role will put me squarely in the fight to get our economy moving again.
As we turn the calendar to December, I am reminded that the sports season is in full swing. In the Sixth Congressional District, we have a pair of state football champions (Mound City and Penney High School in Hamilton), and a girl's cross-country champion (Kearney). Basketball season has begun and you can bet some of our teams will be cutting down the nets early next year.
WASHINGTON— House Small Business Committee Chairman Sam Graves (R-MO) today held a full committee hearing to examine decisions and proposed rules by the Department of Labor (DOL) and the National Labor Relations Board (NLRB) that some fear disadvantage small businesses in union organizing drives.
(Washington, D.C.) U.S. Congressman Sam Graves issued the following statement today after the announcement of a tentative agreement between Ford Motor Company and the United Auto Workers to add 1,600 jobs and $1.1 billion in investments to the Claycomo Assembly plant.