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Press Releases

Oct 31, 2008 Press Release

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.

Oct 30, 2008 Press Release

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.

Oct 28, 2008 Press Release

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.    

Oct 23, 2008 Press Release

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.

Oct 23, 2008 Press Release

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. 

Oct 23, 2008 Press Release

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. 

Oct 21, 2008 Press Release

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.

Oct 20, 2008 Press Release

Washington, D.C. – “Today’s announcement by the National Bureau of Economic Research (NBER) that the U.S.

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