Scott Brown on The Economy

Last Updated : Sep 26, 2012

Stimulus Funds

In October of 2009, Candidate Scott Brown appeared on a local radio show and spoke about the stimulus funds.

 

Vote on Jobs Bill

In February of 2010, Senator Brown released a press statement noting his vote on the jobs bill and the reasons for the vote.

Days later, Senator Brown released another statement noting his intention to vote against the legislation if it returned from the house laden with pork.

 

Wall Street Reform - Initial Response

In April of 2010, Senator Brown released a press statement noting his opposition to the contents of the financial regulatory legislation and to the content of the bill.

In May of 2010, Senator Brown released two statements noting his initial vote against cloture for the wall street reform legislation and then his vote in support of the measure. He notes that he was not against reform in the initial vote, but rather that the reform package is not adequate. He states that he decided to support cloture on the legislation when he received assurances from Senate Majority Leader Reid.

 

Response to Committee Version of Wall Street Reform

In June of 2010, Senator Brown responded to the committee version of the wall street reform package by objecting to additional costs in the package. 

 

Opposition to Bank Tax in Wall Street Reform

In June of 2010, Senator Brown released a press statement noting his objection to a $19 billion dollar tax in the wall street reform package and a letter that he had sent to Congressman Frank.

In July of 2010, Senator Brown released another statement noting his approval of the removal of the tax.

 

Support for Wall Street Reform Package

In In July of 2010, Senator Brown released a press statement noting his decision to support the final version of the wall street reform package. 

In July of 2010, Senator Brown released a statement on his campaign website noting his reasons for supporting wall street reform.

 

JOBS Act

On March 29, 2012 Senator Brown spoke on the Senate floor in support of the JOBS Act.

 

2010 Campaign Website Statements

 

2012 Campaign Website Statements

 

Voting Record

Wall Street Reform

In 2010, the Senate passed the Wall Street Reform and Consumer Protection Act of 2009. The legislation consolidated many financial regulatory agencies, increased transparency in the derivatives market, regulation of credit rating agencies, and a "resolution regime" to resolve insolvent banks. Scott Brown voted in favor of the Wall Street Reform Legislation.

Scott Brown voted in favor of the Wall Street Reform Legislation.

 

Sponsored and Cosponsored Legislation

Session-112; Bill Number-S 72; Small Business Paperwork Mandate Elimination Act of 2011 - Cosponsor

Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more.

Session-112; Bill Number-S 18; Small Business Paperwork Mandate Elimination Act - Cosponsor

Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more. Rescinds $39 billion of appropriated but unobligated discretionary funds. Exempts unobligated funds of the Department of Defense (DOD) or the Department of Veterans Affairs (VA). Requires the Director of the Office of Management and Budget (OMB) to determine and identify from which appropriation accounts such rescissions shall apply and report to the Secretary of the Treasury and Congress on such rescissions.

Session-111; Bill Number-S 3578; Small Business Paperwork Mandate Elimination Act - Cosponsor

Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more.

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