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  • Rep. Budd Introduces Reset Act of 2017
    Posted in Press Releases on July 28, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Legislation Allows Overturning of Major Regulations Washington D.C. -- U.S. Representative Ted Budd (R-NC) introduced the Reset Act of 2017. The Reset Act calls for a review of all major federal regulations and allows Congress the option of overturning any regulation through a majority vote of both the House and Senate. This legislation follows on the success of the Congressional Review Act, which has been used 14 times in 2017 to overturn major federal regulations. "We all have to answer to som... Read more

  • Budd Terrorism Bill Passes House
    Posted in Press Releases on July 25, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Bipartisan Budd legislation included in Russia Sanctions Act Washington, D.C. -- U.S Representative Ted Budd's first bill was passed by the US House today. The terrorism bill was included in the the Russia, Iran, and North Korea Sanctions Act, an effort to use economic sanctions to deter bad behavior by rogue states, including the Russian-sponsored hacking of the presidential election. The bipartisan Budd-Sinema legislation establishes a comprehensive national strategy to combat the financing of... Read more

  • Ted Budd: Congress owes voters real results
    Posted in In the News on July 14, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    The first time Gallup polled the approval rating of the U.S. Congress, the year was 1974, and over the course of that year, it was about 40 percent. At the beginning of this year, that approval rating had been cut in half, clocking in at an embarrassing 19 percent. Congress worked a great deal more in 1974. That Congress was in session for more than nine full work weeks longer than the most recent one. That’s more than two months of work time. It’s no wonder the American people flat-out hate Co... Read more

  • Budd Draws Attention to Contracting Malfeasance
    Posted in Press Releases on July 12, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    U.S. Representatives Ted Budd (NC-13) and Walter Jones (NC-3) sent a letter to the Secretary of the Air Force sharing the accounts of two former majors in the 6th Special Operations Squadron of a failed 2013 contracting effort for weaponized agricultural aircraft. The majors detail a troubling account of contracting malfeasance at the 645th Aeronautical Systems Group, known as “Big Safari.” The chain of events described by the majors in the letter mirror a similar pattern seen in the Kenya Forei... Read more

  • Budd Statement on KC-130 Crash
    Posted in Press Releases on July 11, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    U.S. Representative Ted Budd (R-NC) released the following statement on the loss of 15 US Marines and 1 Sailor in the KC-130 airplane crash in Leflore County, Mississippi en route from Marine Corps Air Station Cherry Point, N.C: “The loss of 15 US Marines and 1 Sailor in yesterday’s tragic plane crash in Mississippi is devastating. With a heavy heart we are sending our thoughts and are prayers to the families and loved ones of the service members lost. My condolences are with everyone who is tou... Read more

  • Budd Statement On Passage of Financial Choice Act
    Posted in Press Releases on June 8, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Representative Ted Budd (R-NC) released the following statement in regards to the passage of the Financial CHOICE Act: “The more complicated the system, the more likely it is to break down. Dodd-Frank is nothing if not complex, adding 400 new rules and 2,300 pages of new regulations onto the financial system. The Financial Choice Act replaces this complexity and weakness with simplicity and strength. Under Choice, banks that, in essence, keep significant cash on hand as a shock absorber against ... Read more

  • Budd, Hensarling, Luetkemeyer Make the Case Against the Durbin Price Control
    Posted in Press Releases on June 8, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Representative Ted Budd (R-NC) was joined by Chairman of the House Financial Services Committee, Jeb Hensarling (R-TX), and the Chairman of the Subcommittee on Financial Institutions and Consumer Credit, Blaine Luetkemeyer (R-MO), for a colloquy on the damages that the Durbin Amendment has wreaked on the welfare of low-income consumers and the American financial system at large. During the colloquy, Rep. Budd made the following remarks: I draw a distinction between political costs and real cost... Read more

  • Budd, Walker defend ATM maker against foreign competitor
    Posted in In the News on June 5, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    U.S. Reps. Ted Budd and Mark Walker joined two other North Carolina congressmen this week in prodding trade officials to rule in favor of an ATM manufacturer with a local workforce of more than 200. The two Republican congressmen, who each represent parts of Guilford County, partnered on a letter they sent Monday to the U.S. International Trade Commission urging it to side with Diebold Nixdorf in the Ohio-based company’s patent dispute with a Korean competitor. The manufacturer that has a plant ... Read more

  • NC Lawmakers Urge ITC to Uphold the Public Interest and North Carolina Manufacturing Jobs
    Posted in Press Releases on June 1, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Washington, D.C., Representative Ted Budd (NC-13) and three other lawmakers sent a letter urging the Chairman of the Internal Trade Commission (ITC) to consider the North Carolina manufacturing jobs at stake before making a ruling in a patent infringement dispute between Diebold-Nixdorf, an American manufacturer of Automated Teller Machines (ATMs), and Hyosung, a Korean ATM maker. Rep. Ted Budd (NC-13) and Chairman Mark Walker (NC-6) released the following statement after sending the letter to t... Read more

  • Budd Applauds Oversight Committee’s Decision to Order Air Force to Turn Over Documents in Kenya Deal
    Posted in Press Releases on May 23, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Rep. Ted Budd (R-NC), whose efforts at oversight of the recent Kenya Foreign Military Sale have been stonewalled by the Air Force, released the following statement in the wake of the House Oversight and Government Reform Committee’s decision to require the Air Force to turn over vital documents in the Kenya Foreign Military Sale: “The fundamentals of this case remain the same. A secretive acquisition unit of the Air Force, known as Big Safari, continues to purchase light attack aircraft from a ... Read more

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