Economy & Jobs

Congress seeks ways to reduce Social Security customer service delays

| Posted in In the News

Many people who have dialed the Social Security Administration’s toll-free number during the Covid-19 pandemic have faced long wait times. In an effort to alleviate the customer service issues, Congress this week held a hearing to identify ways in fix the problems. The issues are something leaders on both sides of the aisle are hearing from constituents about regularly, according to…

Members Of Oklahoma Congressional Delegation Speak On Record Inflation Numbers

| Posted in In the News

WASHINGTON - On the day that gas prices hit a new all-time high in the United States — $3.47 per gallon, according to AAA — President Biden acknowledged that families are hurting and said he wanted Americans to know that he is taking inflation very seriously. "I know that families all across America are hurting because of inflation," Biden said to reporters at the White House. "I come…

PODCAST: US Rep Hern

| Posted in In the News

US Congressman Kevin Hern called into our Bartlesville Radio Studios on Thursday for our monthly podcast. The Congressman first addressed how the U.S. economy’s GDP  shrunk by 1.4% in the first quarter. According to Hern, in addition to other economic and inflationary pressures, diesel prices are now the highest they have ever been in America. Congressman Hern said the southern…

Hern leads bipartisan letter voicing concerns on Foreign Tax Credit regulations

| Posted in Press Releases

Representative Kevin Hern (OK-01) co-led a bipartisan letter with Democrat Rep. Brad Schneider (IL-10) and nine additional members of the House Committee on Ways and Means to Treasury Secretary Janet Yellen.  The letter highlights the Members’ concerns with Treasury’s final Foreign Tax Credit regulations and urges Sec. Yellen to continue working with companies and stakeholders to…

Asking for a word on foreign tax credits

| Posted in In the News

FIRST LOOK: A bipartisan group of 10 House tax writers is urging the Treasury Department to be more open to business concerns about final foreign tax credit regulations released late last year. The 10 lawmakers told Treasury Secretary Janet Yellen that they appreciated that foreign tax credits, in which companies can get a tax break for income taxes paid to other countries, are a…

House Members Urge Treasury to Be Flexible on Foreign Tax Credit

| Posted in In the News

Members of Congress urged the Treasury Department to be “mindful” of how new rules on foreign tax credits could hurt U.S. companies, and to work with them in implementing the much-criticized rules. Treasury should issue guidance to help companies apply the new rules, and “continue its engagement with industry to inform its understanding of the potential downstream impacts,” the…

“No accountability, no remorse”: Hern Blasts Biden’s Economy

| Posted in Press Releases

Representative Kevin Hern (OK-01) released the following statement in response to today’s report that the United States’ Gross Domestic Product (GDP) shrank at a 1.4% annual rate during the 1st Quarter of the 2022 Fiscal Year. “This is the Biden economy,” said Rep. Hern.  “After 14 months of aggressive spending and a dwindling economy, there is no one left…

Hern Tells Students to Chase Their American Dream

| Posted in In the News

U.S. Congressman and Arkansas Tech University alumnus Kevin Hern returned to his alma mater on Wednesday, April 20, and shared his life story as an example of the American dream come true. "America is about opportunity," said Hern. "Chase your American dream. No matter where you came from, you can achieve anything you want to work hard enough to do. It doesn't matter where you went to…

Rep. Kevin Hern tells Tulsa Chamber deficits should matter again

| Posted in In the News

There was a time when deficits mattered. First District Congressman Kevin Hern thinks they are beginning to again. Since arriving in Washington three years ago, Hern has angled for influence on Republican fiscal policy. On Thursday, speaking to the Tulsa Regional Chamber, he sketched the outlines of a plan to balance the federal budget in seven years. Asked later if anybody in…

Arkansas, Oklahoma Members Congratulate Canoo on NASA Mission

| Posted in Press Releases

Congressional members of the Arkansas and Oklahoma delegations today released the following statements after Canoo, a high-tech advanced mobility company with announced headquarters in Northwest Arkansas and factories in Oklahoma, was officially chosen by NASA to produce vehicle transport for astronauts during the future Artemis mission to the Moon.  Congressman Kevin Hern…