Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Boehner Zeroes In On Tax Reform At CUNA GAC

WASHINGTON (2/27/13)--One of the most prominent Republican policymakers on Capitol Hill today discussed one of the hottest, most debated topics ripped out of the headlines to a packed house of credit union representatives in town for the system's premiere governmental affairs conference.

Speaker of the House John Boehner (R-Ohio) Tuesday took to the stage at the Credit Union National Association's 2013 Governmental Affairs Conference and discussed reform of the country's tax code before an audience of 4,200 credit union representatives, and press organizations that included Politico, American Banker, Reuters, Fox News Channel and the trade press.

The House speaker was introduced by Ohio Credit Union League President/CEO Paul Mercer, who said Boehner "has long been aware" of what credit unions in Ohio do for the state.

Boehner opened his remarks by telling his audience that his Washington focus is much the same as theirs--"to get government out of the way" and "let hard-working Americans" be successful in their businesses.

Boehner said the country is moving toward a renaissance and a time of energy independence. He named three things he said are necessary to do to build on the renaissance:

Click for slide show House Speaker John Boehner addresses CUNA's Governmental Affairs Conference for the second time in three years. His topic in 2013: tax reform and education as tools to help the country grow. (CUNA photo)
  • Fix a broken tax code: Lower the tax rate for all and clean out loopholes and "the other nonsense that is there."
  • Do something about the large debt that "hangs over" the nation; and
  • Ensure American kids get a "chance at a decent education."

"If we are serious about economic development, we must do those three things," he said.

"What's made America the country it is, is that you can grow up to be anything you want to be."

This is the second time the House speaker has addressed the CUNA GAC.  In 2011, Boehner discussed topics related to the then-new Dodd-Frank Wall Street Reform Act.

RSS print
News Now LiveWire
Expanded ATM services at branches attractive to members: @CFIGroup. See #NewsNow Friday
9 hours ago
#FinCEN imposes civil money penalty against NJ's BPI money services co. for #BSA violations
12 hours ago
.@ABCULCUs give hat tip to America's #100MM #creditunion milestone
12 hours ago
The @CFPB has announced new Credit Union Advisory Council members, as well as other senior leaders, advisory board and council members.
13 hours ago
GDP expanded 4.2% on an annualized basis in 2Q according to Bureau of Economic Analysis
14 hours ago