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Rep. Loudermilk is proud to announce that his nominee, Zach Blend, of the Goshen Valley Foundation, was chosen as a 2018 Angel in Adoption® Honoree.
Zach Blend has been the CEO of Goshen Valley Boys Ranch for ten years. GVBR creates an environment of safety, love, and stability for youth in foster care. Zach has been involved in youth development since college and has provided direction and support to all the house parents and residents at GVBR.
Angels in Adoption is a nonprofit organization that works closely with Congress in order to provide the necessary information and resources to make every child’s dream of a family a reality. And, since 1999, Angels in Adoption has celebrated individuals, couples, and organizations who work to provide for children in need of a family.
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A Message from Rep. Loudermilk: More Tax Cuts |
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Video of the Week: 'It’s time to enforce our laws and secure our borders'
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Press Release of the Week [1 of 2]: Rep. Loudermilk Introduces Bill to Increase Consumer Privacy and Modernize Financial Reporting |
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Rep. Loudermilk (R-GA) issued the following statement after he introduced the Financial Reporting Threshold Modernization Act, H.R. 6850:
“The Bank Secrecy Act of 1970 has not been updated in almost five decades and has resulted in massive paperwork burdens on community banks, credit unions, payment processors, and other companies. The law requires these companies to send a report to law enforcement any time there is a single-day cash transaction of $10,000 or more, in an effort to track and combat money laundering and terrorism financing. But the law hasn’t been adjusted for inflation since it was first enacted, and this threshold would be more than $60,000 in today’s dollars. The equivalent buying power of $10,000 today would be $1,500 in 1970, and that has resulted in more than 15 million reports currently going into a black hole at the Treasury Department every year. This captures many routine, legitimate transactions, which provides little to no value to law enforcement.
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Press Release of the Week [2 of 2]: House Passes Tax Reform 2.0 |
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Rep. Barry Loudermilk (R-GA) issued the following statement after the House passed Tax Reform 2.0:
“Republicans unleashed the economy last year when we slashed taxes for hardworking Americans. Main street businesses are booming, their optimism has never been higher, and unemployment is at historic lows. The House has doubled down on this success by passing another package of tax reforms. The new package of three bills will make permanent the tax cuts from the Tax Cuts and Jobs Act, allow families to keep more of their hard-earned money to use to their own benefit, and spur new business innovation. I encourage my colleagues in the Senate to pass this reform as soon as possible, so America can continue to be the most innovative country in the world.”
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Social Media of the Week: Ready Mix USA |
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| Graphic of the Week: Fewer Americans File for Unemployment |
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