Mike Johanns to Oppose Diamond Nomination to Federal Reserve

WASHINGTON – U.S. Senator Mike Johanns (R-Neb.) today announced his opposition to the nomination of Peter Diamond to the Federal Reserve Board of Governors. Johanns is a member of the Senate Banking Committee, which will vote Thursday on whether to advance Diamond's nomination to the Senator floor. "With our country spending its way into a crisis, I can no longer support a nominee so vocally in favor of more spending, more stimulus, and more quantitative easing," Johanns said.

"We must be increasingly wary of the threat of inflation, yet the Fed continues to print money with reckless abandon. Because this nominee's recent comments in support of more stimulus and quantitative easing have demonstrated such an alarming lack of concern over our spending and fiscal realities, I cannot support his nomination."

TEXT CREDIT: U.S. Senator Mike Johanns for the State of Nebraska: Washington, D.C. Office: 404 Russell Senate Office Building Washington, DC 20510 Tel: (202) 224-4224 Fax: (202) 228-0436 Hours: 8:30 a.m. - 6:00 p.m. ET

IMAGE CREDIT: All rights reserved by Senator Mike Johanns

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Mike Johanns commends Colleagues For Passing 1099 Repeal VIDEO

WASHINGTON – U.S. Sen. Mike Johanns (R-Neb.) today commended his Senate colleagues for rising above the partisan fray and pushing the 1099 repeal effort onward to the President's desk. Over the past eight months Johanns introduced 1099 repeal seven times, and today it finally passed in the Senate by a vote of 87-12.

"Today, the wrench has finally been pulled from the gears of progress," Johanns said. "I appreciate that my colleagues have seen the wisdom of avoiding further delays and getting this costly, looming paperwork burden off the backs of our job creators. We now need only a simple signature from the President and this bill will become law, saving jobs and much needed capital for our small businesses." Background: • The 1099 repeal passed today is identical to a stand-alone bill Johanns had previously introduced, and which has already passed in the House of Representatives.

Since both houses have passed identical versions, 1099 repeal will not have to go to a Conference Committee, and now only needs the President's signature to be enacted into law.

• An amendment that would have resulted in further delay of 1099 repeal was rejected.

• Johanns has introduced legislation to repeal the 1099 mandate seven times. Click here for more on his efforts, and for a list of businesses supporting full repeal of the 1099 provision.

VIDEO CREDIT: SenatorMikeJohanns

TEXT CREDIT: Mike Johanns Washington, D.C. Office: 404 Russell Senate Office Building Washington, DC 20510 Tel: (202) 224-4224 Fax: (202) 228-0436 Hours: 8:30 a.m. - 6:00 p.m. ET.

IMAGE CREDIT: This United States Congress image is in the public domain. This may be because it is an official Congressional portrait, because it was taken by an official employee of the Congress, or because it has been released into the public domain and posted on the official websites of a member of Congress. As a work of the U.S. federal government, the image is in the public domain

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Mike Johanns Applauds Florida Court Ruling On Unconstitutionality Of Health Care Bill

WASHINGTON – Sen. Mike Johanns (R-Neb.) today expressed support for the ruling by a U.S. District Court in Florida that the health care law enacted last year is unconstitutional. Last November, Johanns joined 31 of his colleagues in filing a legal brief challenging the law's constitutionality. "I strongly believe that Congress does not have the authority to force individuals to buy a product, as the health care law does, and that is exactly what the District Court has ruled today," Johanns said. "There is a reason we teach schoolchildren at a young age about the ideas of checks and balances and limited government.

Congress does not have unlimited power. I'm pleased to see the Court has provided a necessary check on Congressional overreach."

TEXT CREDIT: Senator Johanns Washington, D.C. Office: 404 Russell Senate Office Building Washington, DC 20510 Tel: (202) 224-4224 Fax: (202) 228-0436 Hours: 8:30 a.m. - 6:00 p.m. ET

IMAGE CREDIT: This United States Congress image is in the public domain. This may be because it is an official Congressional portrait, because it was taken by an official employee of the Congress, or because it has been released into the public domain and posted on the official websites of a member of Congress. As a work of the U.S. federal government, the image is in the public domain

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