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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

Representative Kevin Hern (OK-01) released the following statement after March inflation was revealed to rise 8.5% over the prior year, the fastest rate of inflation since 1981.   “How long will Joe Biden let his policies bring hardship on American families?” said Rep. Hern. “The more money Democrats spend, the less money you have in your wallet. This is a simple… Read more »

Representative Kevin Hern (OK-01) joins Republican members of the Ways and Means Committee as an original cosponsor of the Protecting American Innovation Act led by Trade Subcommittee Republican Leader Adrian Smith (NE-03) and Health Subcommittee Republican Leader Vern Buchanan (FL-16).  This legislation is meant to prevent the White House from dismantling American innovation and… Read more »