Congressman Dean Heller (R-NV2) is making much of his interest in fiscal responsibility, and “job creation,” and “support for small business.” It’s time to take a look at his voting record.
February 4, 2010 H.J. Res. 45 on the Adoption of a Statutory Pay As You Go resolution, requiring that all new appropriations be offset by either revenue increases or cuts to existing accounts. Heller voted NO. [roll call 48]
Congressman Heller may try to claim that by voting against Pay-Go he was being responsible, in that he would not vote for any program requiring a tax increase. However, that argument falls apart when the obvious is noted: He could as easily have voted against the individual program in question if a tax hike was required to fund it.
March 4, 2010 H.R. 2847 on concurring with the Senate Amendment on Hiring Incentives to Restore Employment Act, Heller voted NO [roll call 90] The act gave tax breaks to businesses that hired unemployed persons, and increased expensing allowances for depreciable business assets.
March 24, 2010 H.R. 4849 the Small Business and Infrastructure Jobs Tax Act, establishing the Build America Bonds program, and increased the tax deductions for start up businesses. Heller voted NO [roll call 182]
May 28, 2010 H.R. 5116 America COMPETES Authorization Act, promoting education and research under the Office of Science and Technology, NOAA, the National Institute of Science and Technology, the Hollings Manufacturing Extension Partnership, the National Science Foundation, and the Department of Commerce’s Office of Innovation and Entrepreneurship. Heller voted NO [roll call 332] Heller did not vote on the motion to concur with the Senate version on December 21, 2010. [roll call 659]
June 15, 2010 H.R. 5486 Small Business Jobs Tax Relief Act of 2010, which increased the tax deduction for trade or business start up expenditures from $5,000 to $20,000 in FY10/11, and required that the IRS report on the use of certain kinds of tax shelters used to “offshore” profits. Heller voted NO [roll call 363] *It appears that Congressman Heller was more concerned about the prospect that some multi-national corporations would not be able to put income into off shore accounts than for notion that small start up businesses could get an decrease in their tax liability.
June 17, 2010 H.R. 5297 Small Business Lending Fund Act of 2010, created the Small Business Lending Fund in the Department of the Treasury, created a small business credit iniative, and a small business early stage investment program, in addition the bill increased from 50% to 100% the amount excluded from gross income of the gain from the sale or exchange of qualified small business stock acquired after March 15, 2010 and before January 1, 2012. Heller voted NO [roll call 375]
June 30, 2010 H.R. 4173 Wall Street Reform and Consumer Protection Act of 2009, Heller voted NO [roll call 413] (Conference Report) Although the bill contained provisions requiring that large banks and financial institutions plan for winding down their operations in the case they crashed, Republicans claimed the bill would intrench Too Big To Fail. This was not an accurate representation of the bill’s content — which required a wind down plan for bankruptcy proceedings, and that the banks contribute to a fund to prevent taxpayers from being on the hook for “bail outs.” Bankers objected to being required to pay into the fund.
September 16, 2010 H.R. 4885 the Rural Energy Savings Program Act, established a program under the Home Star Energy Efficiency Loan program for interest free loans to states for the installation of energy saving measures, citizens earning less than $250,000 annually would be eligible to participate in the program. Heller voted NO [roll call 530]
September 23, 2010 H.R. 5297, motion to concur in the Senate Amendment to the Small Business Lending Fund Act of 2010, Heller voted NO [roll call 539]