WASHINGTON, DC - Rep. Peter Welch is calling for top banking executives to abide by strict compensation limits Congress intended for recipients of federal bailout money, despite a last-minute loophole orchestrated by the Bush administration.

Burlington, Vt. - Rep. Peter Welch joined Concord Coalition executive director Robert Bixby Thursday to call for a renewed focus on achieving long-term fiscal discipline at a forum sponsored by the Vermont Business Roundtable.

WASHINGTON, DC, December 10 - The Vermont congressional delegation introduced legislation today that would waive the state and local match requirement for all federally-funded highway, transit and rail projects through September 2009.

The legislation is intended to stimulate the economy and create jobs by jump-starting projects stalled by state budget deficits. At the same time, it would immediately improve Vermont's and the nation's crumbling transportation infrastructure.