As a member of the executive committee of the Trump transition team, I'm gratified to see the future Trump administration starting to take shape. Today, the Trump team announced it is nominating Congressman Mike Pompeo as CIA Director, Congressman Jeff Sessions as Attorney General, and retired Army Lt. Gen. Michael Flynn as National Security Advisor. I think these are excellent candidates, particularly Mike Pompeo, who serves with me on the House Intelligence Committee. Mike has spent an immens...
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Congressman Devin Nunes (CA-22) released the following statement today after joining the executive committee of Donald Trump’s transition team: “Today I was honored to have been named to the executive committee of President-elect Donald Trump's transition team. In this role, I will advise President-elect Trump on the appointments of his Cabinet members and on appointments to other top positions in the new administration. I look forward to helping to assemble an energetic and forward-looking team...
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The economy grew by just 1.2 percent in the second quarter, the Commerce Department announced today, while first quarter growth was revised downward to 0.8 percent. With our unrivalled workforce and abiding entrepreneurial spirit, America can do so much better than this. And the starting point for sparking economic growth is no secret – we need to radically reform our convoluted and unfair tax system that makes it so hard to start up a business, run a small business, and expand virtually any bu...
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Puerto Rico is struggling with a fiscal crisis stemming, to a large degree, from its unfunded pension liabilities of $46 billion. Unable to cope with this disaster, Puerto Rico's governor signed a bill allowing his government to stop paying its debt. He also declared a state of emergency at the Government Development Bank in hopes of preserving essential government services. The results of these catastrophic pension debts should serve as a warning in the mainland United States, where state and ...
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Congressman Devin Nunes (CA-22) today introduced a bill in the House of Representatives to encourage transparency in state and local pension systems and to prevent federal bailouts of insolvent pension plans. State and local pension systems may seem fiscally secure, but that is often a façade created by assuming unrealistic rates of returns on investments and by using other accounting tricks. In fact, a forthcoming report from Stanford Professor of Finance Joshua Rauh estimates that the fiscal h...
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This week I introduced in the House of Representatives a bill—the American Business Competitiveness Act (ABC Act)—that will reform the business tax code. Actually, my bill doesn't reform the code as much as it totally abolishes it and replaces it with some clear, simple rules that everyday, small-business owners can actually understand without help from accountants and lawyers. A key feature of the bill is that it eliminates all the loopholes and special deals that riddle the business tax code....
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Today I introduced a bill to overhaul the way businesses are taxed. It would drastically simplify taxes, encourage startups, and create a level playing field for small businesses to compete with bigger firms. The Wall Street Journal covered it here.
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Medium.com America is renowned as a startup nation. The American people have always encouraged and admired daring entrepreneurs who — through ingenuity, courage, and determination — create something out of nothing. These are the brave men and women who begin with an idea for an innovation and then start a new business that transforms their vision into reality. Considering the risk involved in creating a startup, it’s unsurprising that most fail. But the survivors are critical to the American eco...
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I'd like to wish you and your families a Happy Thanksgiving. During the holiday week, please take a look at some Fox News discussions about allegations of intelligence manipulation at U.S. Central Command. To watch the reports, click on the picture below:
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