Rep. Ted Budd Leads 52-Member Coalition to Oppose Biden’s Big Labor Mandate

| Posted in Press Releases
Tags: Economy

Washington, D.C. – Today, Rep. Ted Budd (R-NC) was joined by Sens. Richard Burr (R-NC), James Inhofe (R-OK), and Ted Cruz (R-TX); as well as 48 House members in a public comment to the General Services Administration (GSA) opposing the Biden administration’s executive order mandating Project Labor Agreements (PLAs) for Federal Construction Projects, which represents a blatant giveaway to…

Rep. Ted Budd Sponsors Bill to Rescind Funding for 87,000 New IRS Agents

| Posted in Press Releases
Tags: Economy

Washington, D.C. – Rep. Ted Budd has sponsored H.R. 9092, the Family and Small Business Taxpayer Protection Act. The bill would rescind the new funding provided to the Internal Revenue Service (IRS) in the “Inflation Reduction Act” for increased enforcement, including the hiring of 87,000 new agents. The bill was originally introduced by Rep. Adrian Smith (R-NE). Rep. Budd said in a…

Rep. Ted Budd Urges DOD to Raise Troop Pay to Cover Inflation

| Posted in Press Releases

Washington, D.C. – Today, Rep. Ted Budd (R-NC) sent a letter to Secretary of Defense Lloyd Austin urging him to commit to using new legal authority to increase Inflation Bonus Payments to match the most recent Consumer Price Index (CPI) level. Full text of the letter: On August 15, 2022, Michael Gristion, the Sergeant Major of the Army, penned an article titled “The Army’s Financial…

House Passes Budd-Sponsored Foreign Merger Subsidy Disclosure Act

| Posted in Press Releases

Washington, D.C. – The House of Representatives has passed H.R. 5639, the Foreign Merger Subsidy Disclosure Act. Rep. Ted Budd (R-NC) is a co-sponsor of the bill.  The bill requires American companies to disclose any economic support they have received from a foreign nation. Rep. Budd said in a statement: “The American people have a right to know if U.S. companies have any…

Rep. Ted Budd Receives Digital Future Award for Supporting U.S. Innovation

| Posted in Press Releases
Tags: Economy

Washington, D.C. – Rep. Ted Budd (R-NC) has received the Digital Future Award from the Crypto Council for Innovation. “The Crypto Council for Innovation’s Digital Future Award recognizes policymakers who have shown a willingness to learn from and interact with the digital assets industry, have been consistently engaged in key issues, and demonstrated a collaborative approach to an issue…

Rep. Ted Budd Earns Guardian of Small Business Award From NFIB

| Posted in Press Releases
Tags: Economy

Washington, D.C. – Today, Rep. Ted Budd (R-NC) received the Guardian of Small Business Award from the National Federation of Independent Business (NFIB). The NFIB is the nation’s leading small business advocacy organization. The award, “is reserved for legislators who vote consistently with small business on the key issues identified by small business owners.” Rep. Budd said in a…

Rep. Ted Budd Sponsors Bill to Expand Pell Grants for Job Training Programs

| Posted in Press Releases

Washington, D.C. – Rep. Ted Budd (R-NC) has co-sponsored H.R. 2037, the Jumpstart Our Businesses by Supporting Students Act.  The bipartisan bill would extend Pell Grant eligibility to qualified 8-15 week job training programs. The courses would be required to be tailored to the skills necessary for high-skilled, in-demand professions and would prepare graduates for any licensing…

Rep. Ted Budd Statement Opposing Democrat Plan to Raise Taxes & Expand the IRS

| Posted in Press Releases
Tags: Economy

Washington, D.C. – Rep. Ted Budd (R-NC) released the following statement opposing the so-called “Inflation Reduction Act”: “At a time when working families across North Carolina are struggling to put food on the table and pay their electric bill, Democrats want to double down on the policies that got us in this mess. This Democrat bill raises taxes in a recession, hires 87,000 new IRS…

Rep. Ted Budd Proposes Amendment to Protect Middle Class Taxpayers From IRS Expansion

| Posted in Press Releases
Tags: Economy

Washington, D.C. – Rep. Ted Budd (R-NC) has submitted an amendment to the “Inflation Reduction Act” that would prohibit the Internal Revenue Service (IRS) from using new funding to conduct audits on individuals making less than $400,000 per year. The Senate failed to adopt a similar amendment from Sen. Mike Crapo (R-ID) after all 50 Democrats opposed it. Read the legislative text of the…

Rep. Ted Budd Submits Amendment to Fund Border Security Instead of IRS Expansion

| Posted in Press Releases

Washington, D.C. – Today, Rep. Ted Budd proposed an amendment to the “Inflation Reduction Act” that would redirect over $69 billion of new Internal Revenue Service (IRS) funding into several aspects of border security. Rep. Budd’s amendment: Provides $25 billion to build the border wall. Includes Rep. Budd’s Build the Wall Now Act to ensure the money will…

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