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Today’s Agenda

Today, Senator Lee will meet with representatives of Comcast, the Pancreatic Cancer Action Network, and Micron Technology.

From the Senator’s Desk

On Twitter

The States and the American People have become less powerful with #SCOTUS decision on #Arizona #HB1070: youtu.be/JHAyawy4FYY @Jennafnc

— Mike Lee (@SenMikeLee) June 25, 2012

Americans oppose #ACA mandate because they know it violates our basic sense of freedom which the Constitution protects

— Brian Phillips (@SenLeeComs) June 26, 2012

RT @aubreyvaughan: Love that @SenMikeLee was just interviewed in front of the Supreme Court instead of from the Senate. #constitutionalchamp

— Emily Bennion (@SenLeePressSec) June 25, 2012

Public opposition to #Obamacare lopsidedly stronger than public support: bit.ly/8xo5kD #tcot #tlot #SCOTUS #Constitution

— Joe Tauke (@SenLeeResearch) June 26, 2012

Around the Water Cooler

High court limits state action on immigration

A divided Supreme Court threw out major parts of Arizona's tough crackdown on illegal immigrants Monday in a ruling sure to reverberate through the November elections. The justices unanimously approved the law's most-discussed provision - requiring police to check the immigration status of those they stop for other reasons - but limited the consequences.

Issa letter hammers Obama on Operation ‘Fast and Furious’

The chairman of the House oversight committee investigating White House involvement in the botched “gun-walking” program that led to the 2010 death of U.S. Border Patrol agent accused President Obama of downplaying his involvement in the program or intentionally obstructing the Congress' inquiry. 

Looking Ahead

Tomorrow, Senator Lee will meet with representatives of Baxter Healthcare and Sidley Austin Summer Associates. He will also attend a Congressional Gold Medal ceremony honoring the Montford Point Marine Association, and be a guest on the Rusty Humphries Show.

This week, the number of voices calling for an extension of all of the Bush tax cuts grew, including the number of Democratic voices. Alice Rivlin, Budget Director for President Bill Clinton, announced her support for the extension of the cuts, along with retired Republican Senator Pete Domenici. Like many others, Rivlin and Domenici see the damage that would be done by higher taxes, especially in a time of economic stagnation. Both also stated their support for comprehensive reform of the complicated and burdensome federal tax code.

Here are some of the week’s articles about the economic pain that would come with higher taxes:

Senate Dems balk at ending Bush-era tax rates on wealthy without a deficit deal

A growing number of Senate Democrats are signaling they are not prepared to raise taxes on anyone in the weak economy unless Congress approves a grand bargain to reduce the deficit.
 

Study: Obama plan means higher taxes on business profits

President Barack Obama’s plan to raise tax rates for the top 2 percent of U.S. households would mean higher taxes on the people who report 53 percent of business income reported on individual returns, according to the Joint Committee on Taxation.
 

Study: Higher taxes will slow growth, create job losses

A new study released Friday shows that letting any of the Bush-era tax cuts expire will weigh heavily on economic growth and lead to millions of job losses, likely plunging the economy back into recession. 

And here are some of the week’s best tweets on taxes:

At least 7 Senate Dems are not prepared to raise taxes on anyone, prefer tax code #reform #fiscalcliff #taxes #4jobs ow.ly/bGdrv

— SmallBizGOP (@SmallBizGOP) June 19, 2012

"Businesses are evil for going overseas. Also, raise taxes on investment & corporations!!!" --Liberals #p2 #tcot

— Justin G. (@theGrudgeRetort) June 22, 2012

If you live in #Connecticut, #Taxmageddon will raise taxes avg of $5,161 per tax return. bit.ly/LnGXJR

— John Fleming (@john_w_fleming) June 22, 2012

@cspanwj As trite as it sounds, WE HAVE A SPENDING PROBLEM, not a revenue problem-if we raise taxes, we will simply spend more money!

— gary (@drdunc1220) June 22, 2012