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Spotlight on the Economy
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"Not since the Great Depression has our economy experienced as precipitous and severe a decline as it did in the fall of 2008. The aftermath will be felt for years to come and our road to recovery will be long. My top priority in Congress is to mitigate the economic impact on Vermont families and businesses, help them regain their footing and provide them with the tools they need to recover and succeed. While the causes of this recession were myriad, there is much Congress can do to reform our financial system, restore the oversight that has been lacking for too long, and prevent the abuses that caused this collapse from ever happening again."
Rep. Welch's Recent Work on the Economy
Vermont Delegation Wins Food Stamp Extension
December 3, 2010
The Vermont congressional delegation today announced that the U.S. Department of Agriculture will further postpone a pending reduction in food stamp benefits for 16,000 Vermonters. Sens. Patrick Leahy (D-Vt.) and Bernie Sanders (I-Vt.) and Rep. Peter Welch (D-Vt.) also welcomed the USDA's assurance that, once the extended waiver expires on April 1, no family will see a benefit reduction of more than $20 per month.
Sanders a...
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Vermont Delegation Calls on Transportation Secretary To Direct Unused Rail Funding to Vermont’s Western Corridor Project
December 3, 2010
Following announcements by two newly-elected governors that their states no longer intend to use federal high-speed rail funding, Vermont's congressional delegation today called on Transportation Sec. Raymond LaHood to reallocate a portion of the funding to Vermont's proposed Western Corridor project.
While Vermont was successful in securing more than $50 million in American Recovery and Reinvestment Act funding to improve th...
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Join Congressman Welch for a deficit reduction telephone town hall meeting
December 3, 2010
As Congress works to get our fiscal house in order, U.S. Rep Peter Welch wants to hear your ideas and answer your questions. In the past month, several commissions have had their say on how to restore America's fiscal health; now it's time to hear from Vermonters.
Take part in Congressman Welch's deficit reduction telephone town hall meeting and have your say!
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VPR News: "Welch Urges Colleagues To Hold Their Ground On Tax Debate"
December 2, 2010
(Host) The U.S. House has taken the first step in what's expected to be a major battle over tax policy during the current lame duck session.
With a lot of Democratic support, the House has voted to extend the so called Bush income tax cuts, but only for families with incomes under $250,000 dollars a year.
As VPR's Bob Kinzel reports, Congressman Pe...
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VPR News: "Welch Urges Colleagues To Hold Their Ground On Tax Debate"
December 2, 2010
(Host) The U.S. House has taken the first step in what's expected to be a major battle over tax policy during the current lame duck session.
With a lot of Democratic support, the House has voted to extend the so called Bush income tax cuts, but only for families with incomes under $250,000 dollars a year.
As VPR's Bob Kinzel reports, Congressman Pe...
Read More
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