Speaker Pelosi and Senate Majority Leader Harry Reid sent the following letter this afternoon to President Bush on the urgent need to pass bipartisan legislation to address the crisis in the financial markets: September 30, 2008 The Honorable George W. … Continue reading
Speaker Pelosi spoke on the House floor in support of the Emergency Economic Stabilization Act of 2008: To read a transcript, click here.
Summary of the Emergency Economic Stabilization Act of 2008 from the House Financial Services Committee: EMERGENCY ECONOMIC STABILIZATION ACT OF 2008 I. Stabilizing the Economy The Emergency Economic Stabilization Act of 2008 (EESA) provides up to $700 billion to the … Continue reading
Significant bipartisan work has built consensus around dramatic improvements to the original Bush-Paulson plan to stabilize American financial markets–including requiring a plan to ensure the taxpayer is repaid in full. Read the Emergency Economic Stabilization Act of 2008 (SUBJECT TO … Continue reading
Today, the House passed the Renewable Energy and Job Creation Tax Act (HR 7060) by a vote of 257-166. The legislation will extend and expand tax incentives for renewable energy, create and retain hundreds of thousands of green jobs, spur … Continue reading
Today, the House passed Alternative Minimum Tax Relief (HR 7005), to provide critical tax relief to 25 million middle-class families by protecting them from the Alternative Minimum Tax. The bill will provide $62 billion in Alternative Minimum Tax (AMT) relief … Continue reading
In his speech tonight, the President presented a long overdue assessment of the state of the economy and the urgent need for legislation to respond to the financial crisis. I was pleased that the President acknowledged the improvements Congress has … Continue reading
Today, the House passed the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act (HR 6983) by a vote of 376 to 47. The legislation will end discrimination against patients seeking treatment for mental illness. Specifically, the … Continue reading
Credit card debt in the US has reached a record high of nearly $1 trillion, averaging $9,840 per household. With the economy slowing, costs of daily living and unemployment rising, growing numbers of cardholders are unable to keep up with … Continue reading
Speaker Pelosi issued the following statement today as Congress and the White House work to craft legislation to address the crisis in our financial markets: Congress will respond to the financial markets crisis by taking action this week in a … Continue reading