Press Releases
Washington, D.C. – "A report released by First American CoreLogic aired more disturbing news that at least 7.5 million Americans owe more on their mortgages than their homes are currently worth.
"It is time to abandon the failed Bush-McCain housing and economic policies of the past 8 years that have pushed millions of American homeowners to the brink of foreclosure and have consistently worked against the middle-class.
Washington, D.C. – "The translucent fluctuation of global crude markets coupled with decreasing domestic gas prices, should in no way inhibit or discourage increased U.S. investment in our nation's alternative and renewable energy resources. Energy independence and the preservation of our natural resources are basic ideals that our government must continue to adhere to and strive to achieve.
Washington, D.C. – "Cutting the federal interest rate in and of itself is not going to solve our nation's financial woes. Working Americans are in vital need of direct assistance that will provide them with job security and enable them to stay in their homes and avoid foreclosure.
Washington, D.C. – "Twenty-five years ago today, 241 American servicemen tragically perished in one of the most deadly terrorist strikes against U.S. Armed Services personnel in modern history. America is eternally indebted to these servicemen and women for the ultimate sacrifice they made on behalf of their country and for the advancement of peace.
Washington, D.C. – "The alarmingly high number of new applicants seeking jobless claim benefits mandates that Congress include a new 13-week extension of unemployment benefits in the upcoming economic stimulus package. It is also important that we create new and high-paying jobs by making substantial investments in our aging infrastructure.
Washington, D.C. – "With foreclosures steadily on the rise and home values continuing to decline, it is imperative that President Bush and Congressional Republicans join Democrats in supporting a foreclosure moratorium in the upcoming economic stimulus package.
Washington, D.C. – "The systemic loss of jobs and our current housing recession are two key reasons why our economy is underperforming and working Americans are struggling to make ends meet. That's why it is vital that the next economic stimulus package include provisions that extend unemployment benefits, create jobs and provide relief to middle-income homeowners.
Washington, D.C. – "President Bush has rapidly responded to Federal Reserve Chairman Ben Bernanke's advice of having some of our nation's leading financial institutions bailed out in their time of need. However, now that it is Main Street and not Wall Street who needs the help, the President has been slow to answer the call in supporting an urgently needed economic stimulus package for working Americans.
Washington, D.C. – "Today's announcement by the National Bureau of Economic Research (NBER) that the U.S. economy is in a recession is a re-statement of the obvious and further confirmation that working Americans need urgent and immediate relief. That's why it is critically important that Congress pass a timely and targeted economic stimulus package that will help working families victimized by job losses, chronic unemployment, foreclosures and the rising costs of living.
Washington, D.C. – "The implementation of the Railroad Safety Improvement Act provides America with a comprehensive transportation policy that will allow us to meet the evolving travel needs of our nation's commuters," said Congressman André Carson. "This legislation will make substantial investments in our nation's rail infrastructure and provide working Americans with an additional and reliable mode of transportation."