Senator David Perdue Announces Bipartisan Agreement To Reduce Dodd-Frank Regulations
State & National November 20, 2017
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) and 17 members on the Senate Banking Committee have drafted a bipartisan proposal to roll back significant portions of the Dodd-Frank Act, providing regulatory relief for Georgia’s community banks, credit unions, mid-sized banks, regional banks, and custody banks, none of whom contributed to the financial crisis of 2008. The proposal also improves important consumer protections, particularly for veterans, senior citizens, and victims of fraud.
“This is a huge win for our rural communities, small businesses, and the banks supporting them,” said Senator David Perdue. “This proposal will improve access to capital for small businesses, particularly in Georgia’s rural communities who have struggled with overregulation. In addition to this proposal, there is still work to be done. We will continue working with Secretary Mnuchin and the Trump Administration to eliminate even more regulations for consumers and business.”
“We appreciate the hard work of Senator David Perdue on behalf of the bankers and consumers in Georgia,” said Joe Brannen, President & CEO of the Georgia Bankers Association. “We are more hopeful that true relief can be accomplished in the near future so that Georgia bankers can continue to serve their communities in even more meaningful ways.”
Last spring, the Senate Banking Committee issued a request for legislative proposals from stakeholders, companies, and consumers aimed at creating economic growth. The committee then held a series of hearings exploring these ideas and has been drafting this proposal since that time. Democrats agreed that significant regulations of Dodd-Frank were negatively impacting local economics across the nation and joined Republicans in drafting this proposal.
Three key bills sponsored by Senator Perdue are included in this agreement: the Reciprocal Deposits Bill, the Portfolio Lending and Mortgage Access Act, and the PROTECT Act, which simplifies the credit freezing process. View the proposal’s text here and a summary here.
Highlights of the bipartisan package include:
- Improves consumer access to mortgage credit;
- Provides regulatory relief for small financial institutions and protects consumer access to credit;
- Provides specific protections for veterans, consumers and homeowners; and
- Tailors regulations for banks to better reflect their business models.
Senator David Perdue: Iran Is Third Largest Diversity Lottery Visa Recipient
Politics, State & National November 3, 2017
Senator David Perdue: Iran Is Third Largest Diversity Lottery Visa Recipient
“The RAISE Act would eliminate the Diversity Visa Lottery and move us to a merit-based immigration system”
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke with Laura Ingraham on Fox News Channel’s The Ingraham Angle about how the Reforming American Immigration for a Strong Economy (RAISE) Act, would create a merit-based immigration system and eliminate the outdated Diversity Visa Lottery.
Merit-Based System: “President Trump called this out last year and I give him high marks. This year he is backing our RAISE Act that Tom Cotton and I put forward. He talked about it today. We want to go to a merit-based immigration system.”
Plagued With Fraud: “Let’s talk about this Diversity Visa Lottery. This is a big fraud. It is fraught with fraud itself. It has social security fraud. It has identity fraud.”
National Security Issue: “Worse than that, 30% of the visas given out under this system go to countries that have been identified by ICE as harboring and promoting terrorism. In fact, the third largest recipient country for these visas is Iran. This is an insidious program. It needs to go away tonight.”
Finding Common Ground: “What we want to do in a merit-based system is eliminate chain migration. This is based on the same conclusion that the Democrats came to under Bill Clinton. President Bush created a commission to look at immigration. They suggested a merit-based system and Bill Clinton supported it. This should be a bipartisan approach to this problem.”
Proven To Work: “Most countries have already moved to protect their borders, their national security, and to provide for their economic growth and they do that within the immigration system. Canada and Australia did this decades ago. They went to a merit-based system where they bring the right kind of people in today relative to the economy and we don’t. We have a family based chain migration system that has got to end.”
Growing The Economy: “This is the biggest difference since 1990 and the Senator Ted Kennedy idea. If you look at our historical immigration, they came in, assimilated into the community, they learned English, they developed the skills, and they contributed to the economy. What we have going today is this politically correct idea that calls for an open border.”
Senator David Perdue Meets Georgia Principal Of The Year
State & National October 2, 2017
Senator David Perdue Meets Georgia Principal Of The Year
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) met with 2018 Georgia Principal of the Year, Dr. Tommy Welch of Meadowcreek High School in Norcross, Georgia. Dr. Welch is one of three finalists for 2018 National Principal of the Year.
“Both of my parents were school teachers and education is something very dear to me,” said Senator Perdue.“Under Dr. Welch’s leadership, Meadowcreek High School’s graduation rates have skyrocketed and SAT scores are up over 40 percent. Most importantly, students are receiving the skills they need to succeed in the future through on-campus internships with local business partners, college and career academies, and more STEM courses. I’m extremely impressed by the great work Dr. Welch is doing for Meadowcreek High School and wish him all the best as he competes for National Principal of the Year.”
Senator David Perdue Applauds President Trump’s Move To Increase Access To Insurance
Politics, State & National October 17, 2017
Senator David Perdue Applauds President Trump’s Move To Increase Access To Insurance
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) comments on President Trump’s action today to provide Americans’ relief from Obamacare:
“President Trump has proven once again he is willing to take bold action, even when Congress won’t. This action today will bring relief to the millions of Americans unable to obtain affordable health insurance because of Obamacare. This law is collapsing under its own weight and hurting millions of Americans. It needs to be fully repealed. In the meantime, I applaud the President’s courage to take action and support this move emphatically.”
Governor Signs House Bill 146 in Gilmer Fire Station
News May 4, 2017
Georgia Governor Nathan Deal visited Fire House 1 in Gilmer County Thursday to officially sign House Bill 146 known as the “Firefigher’s Cancer Insurance Bill.”
Joined by several officials including Georgia House Speaker David Ralston and Senator Steve Gooch, author of the bill Micah Gravley, District 67 Representative, opened the ceremony by speaking about the two year effort to bring the bill to this point. Gravley related his interactions with two firefighters, Frank Martinez and Brian Scutter, who he said were the honor of the Bill as they fought for and spoke with legislators to get the bill passed, as well as the appropriateness to have the signing in Scutter’s home station in Gilmer County. Scutter was also mentioned by Speaker Ralston who said he had made a promise to Brian that he would give all that was in him to bring this day about. Turning to face Scutter, Ralston said, “I kept my promise.”
Governor Nathan Deal, who originally vetoed last year’s Bill 216 called the new House Bill 146 an “innovative and great solution to the situation.” Deal said the Bill provides relief for firefighters by providing a different method for compensation and money for treatment and care for firefighters who contract cancers during their work. Gravley thanked the Governor for his support of, as he called it, a “better bill.”
The sentiment was echoed by Speaker Ralston who said, “We have arrived at a better solution. By requiring a local government to provide insurance to our firefighters for certain types of cancer, the firefighter can skip the process of litigating a worker’s comp claim. This will allow the firefighter to focus on getting better and recovery rather than having to worry about legal bills and depositions and hearings.”
FYN caught up with Speaker Ralston and Governor Deal to ask them to elaborate on why the bill is better, comparative to last years Bill 216. The Speaker replied saying, “This uses a Health Insurance Model as opposed to a Workman’s Comp model which means instead of having to make a claim and perhaps go through a court type process to get benefits and income, Firefighters in this case will file a claim just like health insurance.”
Governor Deal also spoke on the insurance versus workman’s comp comparison saying it was an awkward and “adversarial way of deciding whether or not compensation is owed.” Deal went on to say the newer Bill is a much better solution “to provide insurance coverage that will define benefits and give some flexibility as to deciding the compensation that will be given to firefighters.”
More than Senators and Congressman came to see Deal sign the Bill, though. Several representatives from neighboring and local emergency services attended the event including Gilmer’s own Director of Public Safety Tony Pritchett who said the Bill “gives you a sense of protection… You can lay your head down and sleep better at night knowing that if you contract cancer because of the job, there’s some protection that will take care of you and your family.”
For more on the Signing of House Bill 146 watch the full ceremony below or find more Photos in our Album:
Senator David Perdue Addresses Local Elected Officials At White House
State & National December 8, 2017
Senator David Perdue Addresses Local Elected Officials At White House
“Georgia is leading the way”
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA), Vice President Mike Pence, and senior Trump Administration officials joined Georgia county commissioners and state legislators at a White House event this week highlighting how Georgia is leading at the national level to help influence and shape major policy decisions impacting the people of Georgia and our country.
Highlights:
Best State For Business: “This is the fifth year in a row that Georgia has been named the best state in the country in which to do business. That doesn’t happen by accident. It happens because we’re business friendly. We have great people and great workers, and we have state legislators that are from the real world – people who come for 40 or 45 days and then go home to their businesses or professions to make a living for their family. I believe that keeps you in direct contact with what’s important.”
Leading The Way: “I want to highlight a few Georgians who are serving in this Administration: our former governor, Sonny Perdue, is doing a great job as Secretary of Agriculture; Nick Ayers is the Vice President’s Chief of Staff; Billy Kirkland is Deputy Director of Intergovernmental Affairs for the White House. Tom Graves and Doug Collins are in different forms of leadership in the House. Johnny Isakson is leading the charge for our veterans. Zippy Duvall is President of the Farm Bureau and making a big difference. Chris Wray is our FBI Director. Ashley Bell is Director of External Affairs for the Peace Corps. Major General Bob McMahon from Warner Robins is an Assistant Secretary of Defense, and we’ve nominated and confirmed several U.S. attorneys and federal judges from Georgia.”
Making A Serious Impact: “Many of the people you’ve heard from today have Georgia roots. It’s clear that the state of Georgia is hitting way above our weight class. We’re the eighth largest state in the country population wise and we’re making a serious impact up here.”
Senator Perdue and Vice President Pence were joined by several Georgia natives serving in the Trump administration, including Department of Agriculture Secretary Sonny Perdue; Vice President Pence’s Chief of Staff, Nick Ayers; and White House Intergovernmental Affairs Deputy Director, Billy Kirkland. Representatives from the Small Business Administration, Departments of Transportation, Health and Human Services, Homeland Security, Energy and Education, and Housing and Urban Development also addressed the group.
Senator David Perdue Refutes Misinformation On Tax
State & National November 10, 2017
Senator David Perdue Refutes Misinformation On Tax
“No excuse for this nonsense. I think it’s our role, on both sides, to call out these untruths.”
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke on the Senate floor to set the record straight on Democrat’s false assumptions on tax, which have been proven wrong.
Highlights
Citing Retracted Studies: “On Monday, The Tax Policy Center released a study saying that the House plan to change the tax code would raise taxes on 25% of American families. The study didn’t even survive a full day. It was retracted later that afternoon. It’s not even publicly available online to review. But do you know what is still public? The Democrat statements that came out of that report, false statements highlighting this study as reality.”
Perpetuating Falsehoods: “The website Vox posted a story about the Tax Policy Center study titled, ‘The Numbers Are In And The House Republican Tax Bill Raises Taxes On Nearly One-Third of Americans.’ Sure, they say they’ll update the story once new numbers are available. In the meantime, this headline and story are still in existence as if they were true. Why wouldn’t they take down the story? Why wouldn’t they change the headline?”
Failing Fact Checks: “Multiple members of the Minority Party have said the tax framework supported by President Trump would raise taxes on families earning less than $86,000 per year. This talking point is so wrong that even The Washington Post came out and said so. They gave this claim four Pinocchios. That’s the worst rating you can get on their fact check.”
Putting On A Show: “The Minority Party is doing all it can to try and stop us from getting this done this year because it makes good politics somehow. That’s the only explanation I see. It just doesn’t make any sense. Why would someone oppose giving the middle class a tax break? Why would someone oppose making America competitive again? Why would someone oppose bringing billions of dollars of U.S. profits back into the United States so they can be reinvested in the economy and create jobs?”
Ignoring National Interest: “If Democrats were acting in our national interest, we’d be hearing about the studies showing that, on average, Americans are projected to get a pay increase between $4,000-$9,000 under this plan. We’d be hearing about how families making less than $86,000 per year are actually getting a tax cut. Again, that’s a point even The Washington Post acknowledged. We’d be hearing about how lowering the corporate tax rate and ending the tax on repatriated earnings will make us more competitive with the rest of the world. We’d be hearing about the economic growth that could result from these changes.”
Changing Their Tune: “There are members of the Minority Party who supported these changes to the tax code right up to the point President Trump took office. That’s no excuse for this nonsense. I think it’s our role, on both sides, to call out these untruths. It’s also our responsibility to stop this nonsense.”
Senator David Perdue: RAISE Act Eliminates Outdated Diversity Visa Lottery
Politics, State & National November 2, 2017
Senator David Perdue: RAISE Act Eliminates Outdated Diversity Visa Lottery
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) comments on how the Reforming American Immigration for a Strong Economy (RAISE) Act, would eliminate the outdated Diversity Visa Lottery:
“President Trump is right, the Diversity Visa Lottery Program is a problem and is plagued by fraud. Given these serious concerns, Senator Cotton and I have proposed eliminating this outdated program as part of the RAISE Act. While Senate Democrats originally created the Diversity Visa Lottery in 1990, many have supported legislation that would have eliminated it in the years since. I hope we can include this area of common ground as we work to fix our broken immigration system and strengthen our national security.”
Background:
- The Immigration Act of 1990, established the current Diversity Visa Lottery Program which was spearheaded by Senator Chuck Schumer.
- The Diversity Lottery is plagued with fraud, advances no economic or humanitarian interest, and does not even promote diversity.
- The Diversity Lottery is an arbitrary way to distribute the privilege of U.S. citizenship based on nothing more than the luck of the draw.
- The RAISE Act would eliminate the 50,000 visas arbitrarily allocated to this lottery.
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Fact vs. Fiction: Senator Perdue Lays Out The Facts About Tax On Fox News
State & National December 5, 2017 , by Admin AssistantFact vs. Fiction: Senator Perdue Lays Out The Facts About Tax On Fox News
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke with Shannon Bream on Fox News @ Night to clear up the misinformation about the U.S. Senate’s plan to fix the tax code, help middle-class families, and make America more competitive again.
Fiction: The GOP tax plan will add $1 trillion to the national debt.
Fact: “I am more optimistic that this plan is going to ignite our economy. President Trump said job one was getting our economy going again. We pulled back on regulations, unleashed our energy potential, and now we have an historic opportunity to change the tax code and make American companies and workers competitive again with the rest of the world.”
Fiction: This tax plan is only going to help the wealthy and hurt lower and middle-income Americans.
Fact: “Real Americans are going to benefit from this. A family of four, making the median income of $73,000 a year, will have their taxes cut almost 60%. A single mom with one child, making $41,000 a year, which is the median income for a single worker, will get a 75% tax cut. More importantly, between 3-6 million people are estimated to have their taxes go to zero. The greatest beneficiary of this plan is the person who will get a job because the economy is going to be ignited.”
Fiction: There has been no transparency to this process. The entire process was hidden from the American people and pushed through at the last minute.
Fact: “Over the last few years, there have been over 70 open hearings in the Senate about changing the tax code. This has been a fully transparent process. I hear the rhetoric from the other side. This is all coming from the side who a few years ago had then-Speaker Pelosi say ‘you’ve got to pass the bill to see what’s in it.’ This has been an open process the entire time. This is regular order. It went through committee, where we had amendments offered. We’ll have amendments added to it tonight. All of this has been done in the light of day.”
Fiction: The tax plan will generate very little economic growth.
Fact: “President Trump has really pushed us to make sure this plan will make American businesses grow. I believe we have accomplished that. Today, we have the highest corporate tax rate in the world, and the corporate tax rate is a huge penalty on the American worker. I know because I’ve lived in Asia and worked all over the world. We are now going to become more competitive with the rest of the world.”