Budget

Bacon Votes to Cut Deficit and Get Financial House in Order

| Posted in Press Releases
Tags: Budget

Bacon Votes to Cut Deficit and Get Financial House in Order  Washington – Rep Don Bacon (NE-02) issued the following statement after voting for the Inflation Reduction Act:  “The United States is $32T in debt and the Biden budget projected $19T more deficits in the coming decade. This is unsustainable and puts our country on a fiscal house of cards. The…

Don Bacon speaks on debt ceiling vote, plans to approve

| Posted in In the News
Tags: Budget

Representative Don Bacon says he plans to vote to approve raising the debt ceiling when the deal comes to a vote on Wednesday. “It’s not as much as we wanted, it’s more the democrats wanted, that’s how compromises work,” Bacon told 6 News. “Now we need to curtail spending, and we’re going to curtail some spending, but we also need to raise the debt ceiling. I’ll be voting yes on…

Bacon calls on Biden to “Meet Us at the table!”

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Tags: Budget

Bacon calls on Biden to “Meet Us at the table!” Washington - Rep. Don Bacon (NE-02) issued the following statement regarding the debt ceiling and the use of the 14th Amendment: “The 14th Amendment does not give the President the unliteral authority to start writing checks wherever he wants. To even consider this abuse of power is reprehensible and shows what…

Bacon Provides More Details on Biden Zeroing Out Bomb Sniffing Program

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Tags: Budget

Bacon Provides More Details on Biden Zeroing Out Bomb Sniffing Program Biden Zeroed Out Program in FY’24 Budget Request   Washington – Rep. Don Bacon (NE-02) is hearing more from law enforcement in Douglas County and Omaha about a crucial program for them being zeroed out by President Bien in his budget request- The Canine Reimbursement Program, which provides funds for local…

Bacon Votes to Control Ballooning Debt

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Bacon Votes to Control Ballooning Debt Washington. – Rep. Don Bacon (NE-02) issued the following statement after voting for Speaker McCarthy’s debt ceiling legislation: “The passage of this bill puts the ball in the President’s and Schumer’s court to start negotiating. Their stance of refusing to negotiate is being criticized by a large majority of Americans because it is not right. In…

Rep. Don Bacon on Biden's handling of U.S.-China relations ahead of State of the Union

| Posted in In the News

Rep. Don Bacon on Biden's handling of U.S.-China relations ahead of State of the Union Fallout from the Chinese spy balloon has put a renewed focus on China and foreign policy ahead of President Biden's State of the Union address. Republican Congressman Don Bacon of Nebraska joins CBS News' Ed O'Keefe and Caitlin Huey-Burns to discuss that plus the looming standoff over the debt…

Bacon’s Statement on 2023 State of the Union

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Bacon’s Statement on 2023 State of the Union Washington – Rep. Don Bacon (NE-02) issued the following statement in response to the President’s State of the Union address: “Tonight, the President tried to claim that the economy is booming but more American families are saying they are worse off financially. Gas has gone up over a dollar since he took office; December is the…

The Debt Ceiling: How Bad Might Things Get, and Will Congress Raise It?

| Posted in In the News
Tags: Budget

Treasury Secretary Janet Yellen has warned that a "global financial crisis" could ensue should Congress allow the U.S. to default on its debt obligations come June. Still, the Republican-controlled House has indicated it may be willing to do just that if President Joe Biden proves unwilling to negotiate a deal with House Speaker Kevin McCarthy to…

Rep. Don Bacon on the Debt Ceiling and Federal Spending

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Washington Journal Rep. Don Bacon on the Debt Ceiling and Federal Spending Representative Don Bacon (R-NE) talked about the state of the economy, federal spending, and the debt ceiling battle. https://www.c-span.org/video/?525512-101/washington-journal-rep-don-bacon-r-ne-discusses-debt-ceiling-federal-spending

Republican Congressman Don Bacon urges bipartisanship on debt ceiling

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Tags: Budget

Republican Congressman Don Bacon urges bipartisanship on debt ceiling As the battle over the debt ceiling heats up in Congress, NPR's Ailsa Chang talks with Congressman Don Bacon, a Republican from Nebraska, about the negotiations. https://www.npr.org/2023/01/19/1150075811/republican-congressman-don-bacon-urges-bipartisanship-on-debt-ceiling