Retirement and Social Security

Today, the U.S. House of Representatives passed H.R. 4790, the Prioritizing Economic Growth Over Woke Policies Act, by a vote of 215 to 203. H.R. 4790, introduced by Congressman Bill Huizenga (R-MI), is designed to make it easier for Americans to save for retirement, increase financial security, and strengthen U.S. capital markets. H.R. 4790 achieves this by preventing regulatory… Read more »

Recently, our national debt crossed a stunning $34,000,000,000,000.  While some “debt deniers” in Washington seek to ignore the threat this massive number poses, it is undeniable that seniors, our children, grandchildren, and future generations of Americans will be impacted in the absence of solutions.   Last fiscal year, interest payments on the debt alone totaled a whopping… Read more »

Last week, I testified before the House Budget Committee on my Fiscal Commission Act. I introduced this bipartisan bill in September as a way to get our nation's fiscal house in order. With our national debt now at $33.8 trillion and climbing, just the interest we pay on the debt already exceeds everything the federal government spends on children, and within 3 years, is projected to… Read more »

Today, Congressman Bill Huizenga (R-MI) testified before the House Budget Committee on the need to get our nation’s fiscal house in order and how his bipartisan legislation, the Fiscal Commission Act of 2023, is the best path forward. During his testimony, Huizenga addressed the looming 23% cut to Social Security and the 11% cut to Medicare coming in the next decade if Congress fails to… Read more »

Last night, Congressman Bill Huizenga (R-MI) introduced the Fiscal Commission Act of 2023. This bipartisan fiscal commission will propose recommendations to significantly improve our nation’s medium and long-term fiscal trajectory. The Commission will consist of Members of Congress as well as individuals from the private sector. This legislation requires both the House and the Senate to… Read more »

Today, Congressman Bill Huizenga (R-MI) sent a letter to Postmaster General Louis DeJoy questioning the United States Postal Service’s plans for consolidating Southwest Michigan postal operations to single a “Sort and Delivery Center”. In the letter, Huizenga details how more transparency is needed as the proposal, which would force mail carriers to pick up mail at one specific center… Read more »

Today, Chairman of the House Financial Services Subcommittee on Oversight and Investigations, Congressman Bill Huizenga (R-MI), released the following statement after sending letters of inquiry to asset managers at BlackRock, Vanguard, State Street, J.P. Morgan Chase, T. Rowe Price, Prudential, Goldman Sachs, Fidelity, Capital Group Companies, and the Bank of New York Mellon.… Read more »

As your voice in Washington, my priority is to make Southwest Michigan an even better place to live, work, and raise a family. Earlier this year, the Biden Administration released a rule that would raise the cost of mortgages for potential homebuyers with good credit scores to subsidize riskier loans.  I believe this misguided rule to be profoundly unfair. Individuals who have worked… Read more »

On Wednesday evening, Congressman Huizenga appeared on "The Bottom Line" to discuss the ESG working group and how House Republicans will be addressing concerns over ESG in the weeks ahead. During the conversation, Rep. Huizenga made clear the fiduciary responsibility for asset managers, proxy advisors, and even the SEC should be on maximizing returns for investors, not pushing an… Read more »

Today, Congressman Bill Huizenga (MI-04) released the following statement after voting in support of the Fiscal Responsibility Act. “For the first time in modern history, Washington will be spending less money next year than it is this year,” said Congressman Bill Huizenga. “By making the first cut to baseline discretionary spending in more than a decade and enacting budgetary caps, the… Read more »