Permanent Delay of President's Health Care Law Needed

Senator Bob Corker
2013-07-12 18:47:01
Bob Corker - U.S. Senator, Tennessee [image = corker.enews.senate.gov//images/user_images/1277156967_Twitter_48x48.png] [link 1] [image = corker.enews.senate.gov//images/user_images/FacebookIcon_thumb.png] [link 2] [image = corker.enews.senate.gov//images/user_images/YoutubeIcon_thumb.png] [link 3] *E-MAIL UPDATES* *Yes, please periodically send me e-mail updates.** Click Here [link 4] *By subscribing to my e-mail updates, you are authorizing me to send regular e-mail updates from my office to your e-mail account. Survey/Question [survey] Survey/Question [survey] *Update from Senator Bob Corker July 12, 2013* *Permanent Delay of President�s Health Care Law Needed* On Wednesday, Senator Corker joined Senate Republicans in a letter [link 5] to President Obama urging him to permanently delay the implementation of the health care law. Last Week, the Obama administration announced [link 6] it will delay implementation of just one component of the law, the employer mandate, until 2015. The senators wrote in their letter [link 7] to the president: �[W]hile your action finally acknowledges some of the many burdens this law will place on job creators, we believe the rest of this law should be permanently delayed for everyone in order to avoid significant economic harm to American families.� * [image = corker.enews.senate.gov//images/user_images/Snapshot 1 (7-12-2013 8-08 PM).png] [link 8] Click Image to Watch Video* In an interview on �Fox News Sunday� last weekend [link 9], Senator Corker discussed the administration�s decision to delay the employer mandate and the impact the law has had on our nation�s economy. �I don't know how you could create a mechanism that has more downward pressure on employment than this health care bill. I mean, what it's doing to part-time workers, meaning driving people to the part-time effort, we've seen that most recently in our payroll numbers� It's been very damaging. And I think just moving it back a year is not going to undo the uncertainty that people have. So I think the administration is recognizing that this policy is very damaging,� said Corker. *Visiting Tennessee Troops in Afghanistan* * [image = corker.enews.senate.gov//images/user_images/07-07-13_Afghanistan_1.jpg]* Senator Corker returned Monday from a weekend trip to Afghanistan and Pakistan to evaluate U.S. policy in the region. On Sunday, he dined with Tennessee and other U.S. troops in Afghanistan. His trip, which was his fourth visit to the region since taking office, included meetings with senior government and business officials in both countries. On Sunday in Afghanistan, Corker visited with Tennessee service members in Kabul and at Bagram Airfield and met with senior U.S. military officials, including ISAF Commanding General Joseph F. Dunford, Jr. and 101st Airborne Commanding General James C. McConville. For more on his trip, visit: 1.usa.gov/12sbHBY [link 10]. During a hearing Thursday to assess the U.S. transition in Afghanistan, Senator Corker called on President Obama to quit delaying a decision on the number of U.S. forces to remain in Afghanistan after 2014, urging the president to base his decision on U.S. national interests and the need to preserve security progress made by the U.S. military. �I�m asking this administration� to look at our national interest, to make some decisions with clarity and show some world leadership, and do the things that we need to do as a nation to support these outstanding men and women in uniform that have sacrificed life and limb, the taxpayers that have sacrificed precious dollars, and move on with this,� said Corker, who noted the completion of a successful bilateral security agreement and the Afghan elections in 2014 are critical to Afghanistan�s future. Read more: 1.usa.gov/10PfND1 [link 11]. *�It is Past Time� For Housing Finance Reform* At a press conference last month, Senator Corker and Senator Mark Warner, D-Va., led a bipartisan group of senators in the introduction of legislation to strengthen America�s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns. The bill is cosponsored by Senators Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., Kay Hagan, D-N.C., and Mark Kirk, R-Ill. [image = corker.enews.senate.gov//images/user_images/062513-17460-0009-jk.jpg] [link 12] *Click Image to Watch Video* �Five years after the financial crisis, it is past time for us to modernize our unstable system of housing finance,� said Corker. �The framework we�re presenting here will protect taxpayers while maintaining market liquidity, and is the best opportunity we�ll have to finally move beyond the failed GSE model of private gains and public losses.� This week, Senator Corker joined Senator Warner in a colloquy on the Senate floor to discuss the bill, including the provisions that ensure community banks and credit unions around the country have appropriate access to the system. Watch the colloquy here [link 13]. In 2008, Fannie Mae and Freddie Mac were taken into government conservatorship and given a $188 billion capital injection from taxpayers to stay afloat. As a result of this bailout, the private market has almost completely disappeared, and so nearly every loan made in America today comes with a full government guarantee. Despite this unsustainable situation, there has still been no real reform to our housing finance system since the financial crisis. For more information on the Housing Finance Reform and Taxpayer Protection Act (S. 1217), click here [link 14]. *Boston Globe (Opinion): The Fannie and Freddie Gravy Train* [link 15] Former U.S. Senator John Sununu (R-N.H.) wrote an op-ed in the Boston Globe this week praising efforts led by Senators Corker and Warner to strengthen America�s housing finance system. Sununu said the Corker-Warner plan �is bipartisan, substantive, and bold�� and noted �[T]he most organized opposition will come from defenders of the status quo.� Read more: 1.usa.gov/12AKGJ2 [link 16].� *Washington Post (Opinion):�It is time for the government to reduce its role in the mortgage business* [link 17] Mark Zandi, Chief economist at Moody's Analytics, wrote an op-ed in the Washington Post Friday praising the Corker-Warner bill. "It is time to fix Fannie Mae and Freddie Mac. Since the government took over the behemoth mortgage companies during the financial collapse nearly five years ago, nothing has changed. The government is still making nearly nine of every 10 U.S. mortgage loans. This is bad for both taxpayers and home buyers." he wrote. "[Corker-Warner is a] serious [effort] that would significantly reduce the government's role in the housing market...�With Congress on the housing finance reform train, it is time for the Obama administration to get on and perhaps even take a turn driving." Read more:�wapo.st/1dsCP5l [link 18].� *Woodrow Wilson Center Event: �AUMF: Reasserting the Role of Congress�* * [image = corker.enews.senate.gov//images/user_images/07-11-13_Wilson_Center_Re_AUMF.jpg]* Thursday at the Woodrow Wilson Center in Washington, Senator Corker participated in a panel discussion on the future of the 2001 Authorization for the Use of Military Force against al Qaeda. �When you look at not only the activities that we have to some degree underway now, but the activities, you know we�re going to have underway in the future, almost everyone would say there is a very thin thread between that AUMF that was authored � 60 words � back in 2001, to where we are today,� said Corker. �Congress needs to have some ownership over this, not in a way to keep us from acting in our national interest, but in a way that as we�re moving along, Congress is involved in helping make these decisions, which Congress will fund, and Congress is involved in helping to sell that back home. I think one of the biggest mistakes we�ve made by virtue of the way we�ve carried out our activities over the last decade, is very few Americans have any stake or ownership in our foreign policy. And I think that is major problem for our nation.� For more on the event, visit: bit.ly/1326CzY [link 19]. At a March hearing [link 20] on U.S. counterterrorism policy, Senator Corker called on the Foreign Relations Committee to hold hearings on updating the AUMF. Current and former counterterrorism officials in both the Bush and Obama administration�s testified about the increasing difficulty of applying the AUMF to today�s terrorism environment and the benefits of greater congressional oversight. *In the News* *Christian Science Monitor: Bob Corker, Senate GOP's tireless dealmaker, looks beyond immigration reform* [link 21] Last week, the Christian Science Monitor published a profile of Senator Corker, highlighting his willingness to take on the tough issues of our time. The profile notes, �While Washington's dysfunction almost led him to quit the Senate after one term in 2012, Corker�s dogged effort to broker compromises on a handful of major issues bespeaks a senator who is arguably the body�s happiest warrior, plunging into issues from Benghazi to the budget with aplomb.� Read more: bit.ly/13omazX [link 22].� *Chattanooga Times Free Press (Op-ed): Corker: Securing the U.S. border now* [link 23] Senator Corker penned an op-ed for the Chattanooga Times Free Press this week about his support for the Senate immigration bill. �The Senate immigration bill has drawn support from the U.S. Chamber of Commerce, chambers and universities across Tennessee, the American Conservative Union, the Southern Baptist Ethics & Religious Liberty Commission, among many, many others, who believe as I do, that from economic, national security, deficit reduction and moral standpoints, our country must enact real immigration reform now,� wrote Corker. Read more: bit.ly/18Od9Co [link 24].� *Chattanooga Times Free Press (Opinion): Corker�s work on immigration reform bill is commendable* [link 25] This week, Ron Harr, the president and CEO of the Chattanooga Area Chamber of Commerce, wrote in the Chattanooga Times Free Press that the �immigration reform bill recently passed by the U.S. Senate and now being considered by the U.S. House of Representatives is good for business, and with the addition of the amendment Sen. Corker co-authored, it is our best chance to repair the broken immigration system.� Read more: bit.ly/16XEE8H [link 26].�

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Update from Senator Bob Corker
July 12, 2013

Permanent Delay of President�s Health Care Law Needed

On Wednesday, Senator Corker joined Senate Republicans in a

The senators wrote in their


Click Image to Watch Video

In , Senator Corker discussed the administration�s decision to delay the employer mandate and the impact the law has had on our nation�s economy. �I don't know how you could create a mechanism that has more downward pressure on employment than this health care bill. I mean, what it's doing to part-time workers, meaning driving people to the part-time effort, we've seen that most recently in our payroll numbers� It's been very damaging. And I think just moving it back a year is not going to undo the uncertainty that people have. So I think the administration is recognizing that this policy is very damaging,� said Corker.

Visiting Tennessee Troops in Afghanistan

Senator Corker returned Monday from a weekend trip to Afghanistan and Pakistan to evaluate U.S. policy in the region. On Sunday, he dined with Tennessee and other U.S. troops in Afghanistan.

His trip, which was his fourth visit to the region since taking office, included meetings with senior government and business officials in both countries. On Sunday in Afghanistan, Corker visited with Tennessee service members in Kabul and at Bagram Airfield and met with senior U.S. military officials, including ISAF Commanding General Joseph F. Dunford, Jr. and 101st Airborne Commanding General James C. McConville. For more on his trip, visit: During a hearing Thursday to assess the U.S. transition in Afghanistan, Senator Corker called on President Obama to quit delaying a decision on the number of U.S. forces to remain in Afghanistan after 2014, urging the president to base his decision on U.S. national interests and the need to preserve security progress made by the U.S. military.

�I�m asking this administration� to look at our national interest, to make some decisions with clarity and show some world leadership, and do the things that we need to do as a nation to support these outstanding men and women in uniform that have sacrificed life and limb, the taxpayers that have sacrificed precious dollars, and move on with this,� said Corker, who noted the completion of a successful bilateral security agreement and the Afghan elections in 2014 are critical to Afghanistan�s future. Read more: �It is Past Time� For Housing Finance Reform

At a press conference last month, Senator Corker and Senator Mark Warner, D-Va., led a bipartisan group of senators in the introduction of legislation to strengthen America�s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns. The bill is cosponsored by Senators Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., Kay Hagan, D-N.C., and Mark Kirk, R-Ill.


Click Image to Watch Video

�Five years after the financial crisis, it is past time for us to modernize our unstable system of housing finance,� said Corker. �The framework we�re presenting here will protect taxpayers while maintaining market liquidity, and is the best opportunity we�ll have to finally move beyond the failed GSE model of private gains and public losses.�

This week, Senator Corker joined Senator Warner in a colloquy on the Senate floor to discuss the bill, including the provisions that ensure community banks and credit unions around the country have appropriate access to the system. Watch the colloquy In 2008, Fannie Mae and Freddie Mac were taken into government conservatorship and given a $188 billion capital injection from taxpayers to stay afloat. As a result of this bailout, the private market has almost completely disappeared, and so nearly every loan made in America today comes with a full government guarantee. Despite this unsustainable situation, there has still been no real reform to our housing finance system since the financial crisis.

For more information on the Housing Finance Reform and Taxpayer Protection Act (S. 1217), click
Former U.S. Senator John Sununu (R-N.H.) wrote an op-ed in the Boston Globe this week praising efforts led by Senators Corker and Warner to strengthen America�s housing finance system. Sununu said the Corker-Warner plan �is bipartisan, substantive, and bold�� and noted �[T]he most organized opposition will come from defenders of the status quo.� Read more:
Mark Zandi, Chief economist at Moody's Analytics, wrote an op-ed in the Washington Post Friday praising the Corker-Warner bill. "It is time to fix Fannie Mae and Freddie Mac. Since the government took over the behemoth mortgage companies during the financial collapse nearly five years ago, nothing has changed. The government is still making nearly nine of every 10 U.S. mortgage loans. This is bad for both taxpayers and home buyers." he wrote. "[Corker-Warner is a] serious [effort] that would significantly reduce the government's role in the housing market... With Congress on the housing finance reform train, it is time for the Obama administration to get on and perhaps even take a turn driving." Read more:  Woodrow Wilson Center Event: �AUMF: Reasserting the Role of Congress�

Thursday at the Woodrow Wilson Center in Washington, Senator Corker participated in a panel discussion on the future of the 2001 Authorization for the Use of Military Force against al Qaeda.

�When you look at not only the activities that we have to some degree underway now, but the activities, you know we�re going to have underway in the future, almost everyone would say there is a very thin thread between that AUMF that was authored � 60 words � back in 2001, to where we are today,� said Corker. �Congress needs to have some ownership over this, not in a way to keep us from acting in our national interest, but in a way that as we�re moving along, Congress is involved in helping make these decisions, which Congress will fund, and Congress is involved in helping to sell that back home. I think one of the biggest mistakes we�ve made by virtue of the way we�ve carried out our activities over the last decade, is very few Americans have any stake or ownership in our foreign policy. And I think that is major problem for our nation.�

For more on the event, visit: At a March

In the News


Last week, the Christian Science Monitor published a profile of Senator Corker, highlighting his willingness to take on the tough issues of our time. The profile notes, �While Washington's dysfunction almost led him to quit the Senate after one term in 2012, Corker�s dogged effort to broker compromises on a handful of major issues bespeaks a senator who is arguably the body�s happiest warrior, plunging into issues from Benghazi to the budget with aplomb.� Read more:
Senator Corker penned an op-ed for the Chattanooga Times Free Press this week about his support for the Senate immigration bill. �The Senate immigration bill has drawn support from the U.S. Chamber of Commerce, chambers and universities across Tennessee, the American Conservative Union, the Southern Baptist Ethics & Religious Liberty Commission, among many, many others, who believe as I do, that from economic, national security, deficit reduction and moral standpoints, our country must enact real immigration reform now,� wrote Corker. Read more:
This week, Ron Harr, the president and CEO of the Chattanooga Area Chamber of Commerce, wrote in the Chattanooga Times Free Press that the �immigration reform bill recently passed by the U.S. Senate and now being considered by the U.S. House of Representatives is good for business, and with the addition of the amendment Sen. Corker co-authored, it is our best chance to repair the broken immigration system.� Read more: