Restoring the Middle Class PDF Print E-mail
Rebuilding the Economy

Spotlight on the Middle Class

Rep. Welch has worked to protect middle class consumers from abusive credit card company practices by sponsoring a Credit Cardholders’ Bill of Rights (H.R. 5244), which first passed the House in September 2009. Welch attempted to strengthen the legislation in April 2009 by proposing an 18 percent cap on credit card interest rates. The bill – which protects consumers from arbitrary rate increases, double-cycle billing and due-date gimmicks – was signed into law by President Obama in May 2009.

"Even before the current economic crisis, hardworking Vermonters were feeling the squeeze of low wages and ever-increasing costs. The United States has a long history of supporting the middle class, but we must recommit to ensuring that those who work hard to make a living have the resources they need to support their families, get ahead and save for a secure retirement. With every issue I face in Congress – from health care to education to energy – I am focused on increasing affordability and expanding the middle class."

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Rep. Welch's Recent Work on the Middle Class

Vt. Digger: "Vermont selected for federal health care project"

November 17, 2010

Vermont is one of eight states that has just been chosen to participate in a new federal health care demonstration project.

The Centers of Medicare and Medicaid Services has established an "innovation center," designed to encourage states to develop new ways of delivering and paying for health care under the Affordable Care Act just passed this year.

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Medicare Announces Quality Bonus Payment Demonstration For Medicare Health Plans

November 12, 2010

The Centers for Medicare & Medicaid Services (CMS) made three significant announcements today: (1) updated star plan ratings for 2011 Medicare health and drug plans, (2) a 3-year demonstration to provide Medicare Advantage plans financial incentives to provide high-quality care, and (3) proposed regulations to implement several provisions of the Affordable Care Act to strengthen and improve the Medicare Advantage and Medicare prescription drug programs.

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Photo Album: "Rep. Welch takes Main Street Jobs Tour to Newport"

October 20, 2010

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Photo Album: "Rep. Welch takes Main Street Jobs Tour to Vergennes"

October 7, 2010

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Video: "Rep. Welch speaks on the House floor about protecting American jobs"

September 29, 2010

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