Economy
More on Economy
March 16, 2012
This week I will introduce The Shared Responsibility in Preserving America's Future Act, which would require passage of a balanced budget amendment by the Congress in exchange for a 5 percent surtax on individual income exceeding $1 million annually. While my proposal may turn some heads, I hope it can be the beginning of Republicans and Democrats working together to fundamentally change Washington and start reducing our national debt.
March 15, 2012
Congressman Rick Crawford today introduced The Shared Responsibility in Preserving America's Future Act, which would require passage of a balanced budget amendment by the Congress in exchange for a 5 percent surtax on individual income exceeding $1 million annually.
March 9, 2012
Small businesses are the lifeblood of our nation's economy. Family-owned small businesses are more than just a place to work, they are living and breathing enterprises that are often passed from one generation to another. Arkansas is full of successful small businesses and family startups.
March 5, 2012
WASHINGTON – Congressman Rick Crawford led members of the House Rice Caucus in calling on Iraq to ease import rules for American rice. Crawford co-founded the Rice Caucus in the United States House of Representatives and took the lead on sending a letter to Iraqi Minister of Trade Khair Alla Babaker asking him to ease import rules for American rice.
February 24, 2012
As of today, the price for a gallon of regular gasoline in Jonesboro is $3.45. Just a year ago that same gallon of regular gasoline would have cost $2.96. We have all heard news reports that gas could hit a record $5.00 a gallon this summer. I talked to a factory worker this week in Mountain Home who is already spending 20 percent of his monthly income on gas. At a time when our economy is struggling, higher gas prices will put a huge burden on working families trying to make ends meet.
February 17, 2012
WASHINGTON – Today, Congress Rick Crawford released the following statement about the House of Representative's payroll tax extension vote:
"Today's vote will extend tax relief to Arkansas's working families. The vote means that a dad in Paragould will be able to put another tank of gas in his truck to get to work. It means that a mom in West Memphis will be able to pay for her children's school lunch for another week, and it means that a senior citizen in Mountain Home will be able to visit her doctor."
"Today's vote will extend tax relief to Arkansas's working families. The vote means that a dad in Paragould will be able to put another tank of gas in his truck to get to work. It means that a mom in West Memphis will be able to pay for her children's school lunch for another week, and it means that a senior citizen in Mountain Home will be able to visit her doctor."
February 14, 2012
This marks the fourth straight year that President Obama has proposed a budget with over $1 trillion in deficit spending. A budget is a statement of priorities and clearly President Obama has not made deficit reduction a priority. This budget has already been panned as an election year ploy. I genuinely welcome all ideas to table but we cannot play politics with the federal debt that we are passing onto our children. My constituents want responsible action from Washington to address the national debt.
February 8, 2012
Washington – Congressman Rick Crawford is encouraging constituents to take advantage of free tax preparation services available from the IRS Free File program.
Since 2003, IRS Free File has offered free access of leading commercial tax preparation software to 70% of taxpayers. Every taxpaying American with a 2010 Adjusted Gross Income of $57,000 or less can visit www.IRS.gov/freefile to prepare, complete and file their federal tax returns at no cost. The service is made available through a partnership developed by the IRS and the Free File Alliance.
Since 2003, IRS Free File has offered free access of leading commercial tax preparation software to 70% of taxpayers. Every taxpaying American with a 2010 Adjusted Gross Income of $57,000 or less can visit www.IRS.gov/freefile to prepare, complete and file their federal tax returns at no cost. The service is made available through a partnership developed by the IRS and the Free File Alliance.
February 3, 2012
This week I introduced a bill before the House of Representatives that would give farmers a free-market option to prepare for disasters without relying entirely on the federal government. My bill, the Farm Risk Abatement and Mitigation Election or FRAME Act, would establish tax-deferred farm savings accounts to give farmers a choice in responding to disasters.
February 2, 2012
WASHINGTON – Congressman Rick Crawford (R-AR) introduced the Farm Risk Abatement and Mitigation Election (FRAME) Act, to give farmers a free-market option for disaster preparedness. The FRAME Act would establish tax-deferred farm savings accounts that would allow farmers a choice in disaster response measures.