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  • Rep. Ted Budd Secures $543,000 Federal Grant for Salisbury
    Posted in Press Releases on August 31, 2020 | Preview rr
    Tags: Economy

    Salisbury, N.C. -- Today, Rep. Ted Budd announced that the City of Salisbury received $543,185 in funds from the National Park Service’s (NPS) Paul Bruhn Historic Revitalization Grants Program. Rep. Budd sent a letter of support to the NPS to secure the funds. The funds will be used to rehabilitate up to ten projects in the City’s Historic District. The city estimates that this grant funding would leverage approximately $5 million in private investment. The NPS program aims to, “enable the rehab... Read more

  • Rep. Ted Budd Introduces Bill to Simplify PPP for Small Businesses
    Posted in Press Releases on July 27, 2020 | Preview rr
    Tags: Economy

    Washington, D.C. -- Rep. Ted Budd (NC-13) helped introduce the Paycheck Protection Small Business Forgiveness Act. Background: The bill would create a simplified forgiveness process for businesses with PPP loans of $150,000 or less. This loan range makes up approximately 86% of all PPP loans. The bill also requires the Small Business Administration to create a one-page form for eligible small businesses to certify to their lender that they have met the requirements of the program. Rep. Budd said... Read more

  • Rep. Ted Budd Introduces Freedom From Regulations Act
    Posted in Press Releases on July 27, 2020 | Preview rr
    Tags: Economy

    Washington, D.C. -- Today, Rep. Ted Budd (R-NC), introduced the Freedom From Regulations Act along with Reps. Chip Roy (R-TX), Ben Cline (R-VA), Adrian Smith (R-NE), and Bill Flores (R-TX). This bill ensures that independent agencies comply with important statutes so that the rules they write are clear, transparent, and lessen the burden on the American people. Some of these statutes include the Unfunded Mandates Reform Act, the Economic Growth and Regulatory Paperwork Reduction Act, and the Dat... Read more

  • Rep. Ted Budd Leads Letter Urging TSA Temperature Checks During COVID-19
    Posted in Press Releases on July 1, 2020 | Preview rr
    Tags: Economy

    Washington, D.C. -- Rep. Ted Budd (R-NC) sent a letter to White House Chief of Staff Mark Meadows urging him to express White House support for a new policy at the Transportation Security Administration (TSA) to check the temperatures of all airline passengers at the screening checkpoint. The policy would be temporary during the COVID-19 pandemic and would help ensure a safer re-opening of the United States. The letter was co-signed by Reps. Bill Posey, Denver Riggleman, Andy Harris, Chip Roy, D... Read more

  • Rep. Ted Budd Receives Freedom Fighter Award
    Posted in Press Releases on June 23, 2020 | Preview rr
    Tags: Economy, Budget & Debt

    Washington, D.C. -- Today, Rep. Ted Budd received the FreedomFighter Award from FreedomWorks. The “award recognizes exceptional members of the House and Senate who have proven to be dedicated supporters of economic freedom and personal liberty.” Rep. Budd said in a statement: “I’m very proud to receive the Freedom Fighter Award for the third year in a row. FreedomWorks is one of the guiding lights in the movement for individual and economic liberty, so receiving this award means a lot to me. I w... Read more

  • Rep. Ted Budd Receives Spirit of Enterprise Award
    Posted in Press Releases on June 22, 2020 | Preview rr
    Tags: Economy

    Washington, D.C. -- Today, Rep. Ted Budd received the Spirit of Enterprise Award from the U.S. Chamber of Commerce. The award is given to lawmakers who show, “commitment to not only supporting pro-business legislation, but also a commitment to the bipartisan leadership and constructive governing necessary to move our country forward.” Rep. Budd said in a statement: “It is a true honor to receive this award from the U.S. Chamber. Their work in support of America’s free market system is unmatched.... Read more

  • Rep. Ted Budd Receives Abraham Lincoln Leadership for America Award
    Posted in Press Releases on June 9, 2020 | Preview rr
    Tags: Economy

    Washington, D.C. -- Today, Rep. Ted Budd (NC-13) received the Abraham Lincoln Leadership for America Award from the U.S. Chamber of Commerce. The award recognizes Members of Congress, “who have demonstrated the leadership critical to advancing policies that support America’s free enterprise system.” Rep. Budd said in a statement: “It is a true honor to be among the first Members of Congress to receive this award. Ensuring that America’s economic recovery from COVID-19 is swift and long-lasting w... Read more

  • Rep. Ted Budd Receives “Taxpayers’ Friend Award”
    Posted in Press Releases on June 2, 2020 | Preview rr
    Tags: Economy, Budget & Debt

    Washington, D.C. -- Today, Rep. Ted Budd received the “Taxpayers’ Friend Award” from the National Taxpayers Union (NTU). The award recognizes Rep. Budd for having one of the strongest voting records in Washington, D.C. supporting limited government, economic freedom, and low taxes. This year, Rep. Budd is one of only 48 House members to have earned this award for their outstanding voting record during the 2019 Congressional session. Rep. Budd said in a statement: “It is a true honor to receive N... Read more

  • Rep. Ted Budd Introduces Bill to Help Companies Attract Investors
    Posted in Press Releases on June 1, 2020 | Preview rr
    Tags: Economy

    Washington, D.C. -- Today, Rep. Ted Budd (R-NC) re-introduced the Encouraging Public Offerings Act. Rep. Budd previously introduced the legislation in 2017 and the bill passed the House on November 1, 2017, by a vote of 419-0. The legislation encourages capital formation by making initial public offerings more attractive for companies. Rep. Budd said in a statement: “Financial markets connect money to ideas. But, the process of taking a company public has become more and more difficult. This bil... Read more

  • Let’s End the CARES Act’s Work Disincentive That’s Hurting Employers
    Posted in Opinion Pieces on May 26, 2020 | Preview rr
    Tags: Economy, Health

    Daily Signal op-ed by Rep. Budd and Rep. Ken Buck https://www.dailysignal.com/2020/05/26/lets-end-the-cares-acts-work-disincentive-thats-hurting-employers/ If you’re a small-business owner looking to hire back workers you were forced to lay off due to the COVID-19 economic shutdown, you shouldn’t have to face another government-created burden. But sadly, you’re facing just that. Due to a flawed provision in the CARES Act, which House Democrats insisted be included, Americans are able to receive ... Read more

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