Reports
- Economic Conditions Worsen, Comprehensive, Robust and Urgent Action on Economic Recovery & Jobs Needed Nearly two million Americans have lost their jobs this past year -- and millions more are working harder in jobs that pay less and come with fewer benefits. Nearly $7 trillion in wealth has been lost in the stock market, including the retirement savings of many American families. And the economic news continues to worsen, with some noting that we are facing the "the bleakest economic outlook since World War II." 01/06/2009
- Growing Support For An Economic Recovery And Jobs Package The 111th Congress is ready to hit the ground running to help President Obama pass his American Recovery and Reinvestment Plan to create and save 3 million jobs over two years, and reinvest in our future by rebuilding our infrastructure from bridges to broadband, making our health care system more efficient and cost-effective, modernizing our schools for 21st century learning, and investing in a cleaner and more efficient energy future. 01/05/2009
- Major Accomplishments of the 110th Congress Speaker Pelosi and House Democrats Have Focused on the Priorities of Americans on Main Street By Passing Over 230 Key Measures - More Than 70% With Significant Bipartisan Support 12/16/2008
- Congressional Oversight & Action on the Economy America's families and businesses are facing an economic crisis, and the New Direction Congress is fighting for real solutions to rebuild our economy, create good-paying jobs here at home, make us more competitive in the 21st century global economy, and promote consumer and investor confidence. 12/08/2008
- Congressional Oversight on the Economy Congress has been investigating the economic crisis and conducting oversight to protect the taxpayers in the economic rescue package. Over the last six weeks, the House has held twenty hearings with five more scheduled this week. 11/17/2008
- Economic Crisis: Leaders & Experts Call for Economic Recovery and Job Creation Legislation America’s working families are facing worsening economic conditions. Home foreclosures are up, the number of jobless workers continues to climb, wages for working Americans remain flat, and states are facing a crisis as the need for state services – health care, food stamps, unemployment services – grows. 11/14/2008
- A New Direction for Veterans and Troops The new Congress has pledged to put our troops and veterans first. By restoring GI Bill veterans education benefits, improving veterans’ health care, rebuilding our military, and strengthening other benefits for our troops and military families, we are working to keep our promises to our courageous and faithful men and women in uniform. 11/10/2008
- Support Grows for Economic Rescue Plan: Protecting Taxpayers & Insulating Main Street from Wall Street This Congress has insisted from day one on substantial changes to the original Bush-Paulson plan to ensure American taxpayers are protected and the interests of Main Street are addressed. 10/02/2008
- The Financial Rescue Plan: Protecting Main Street from Wall Street The New Direction Congress has worked from day one to improve the Administration’s financial rescue plan to stabilize our economy to ensure American taxpayers are protected and the interests of Main Street are addressed. 10/01/2008
- The Bush Financial Crisis - Main Street will be Impacted by Crisis on Wall Street Democrats have insisted from Day One on substantial changes to the original Bush-Paulson plan to ensure American taxpayers are protected and the interests of Main Street are addressed. 09/26/2008
- The Bush Financial Crisis - Impact on Taxpayers, Consumers, Homeowners & Businesses Across the country, commercial and consumer credit is tightening – creeping into the everyday lives of American consumers and businesses. 09/26/2008
- A New Direction for America The 110th Congress has begun to move America in a New Direction. Toward energy independence and clean, renewable energy and an energy efficient future. To an America more competitive in a global economy, creating high tech and green jobs here at home. Putting our troops and veterans first. Working to make college, energy, health care, and home ownership more affordable for every American. Beginning to change the way we do business in Washington and restore fiscal responsibility and accountability to government. 10/04/2008
- Fighting for America's Women: The New Direction Congress's Record on Key Women's Issues 09/22/2008
- Bush-McCain Economic Policy Has Led to America's Economic Crisis - House Launches Wide-ranging Investigation into Causes, Accountability, and Remedies The New Direction Congress is taking aggressive action to address this financial crisis. In the coming days and weeks, we will investigate the Bush Administration’s gross mismanagement of the economy with a keen focus on the lack of financial market regulation and identifying solutions the Congress can act upon. It is imperative to get to the root of this crisis and restore confidence in the American economy. 09/18/2008
- America's Economy in Crisis: The American People Can’t Afford Four More Years of the Same Failed Policies This morning, as reports of major financial institutions faltering were piling up, Americans were left looking for answers. The deepening crisis is best explained in last week’s Financial Times, by the Republican who chaired the House Financial Services Committee as the crisis developed: 09/15/2008
- Accomplishments for College Students in the 110th Congress As students across the country return to school, Congress has been hard at work making college more affordable and accessible. After years of neglect and inaction, we have made progress for college students and their families. 09/10/2008
- Big Oil's Free Money: Royalty-Free Leases Ten years ago, oil companies purchased about 1,500 leases to drill for energy on publicly-owned lands in the Gulf of Mexico— but they did not have to compensate American taxpayers for 70 percent of them. 09/10/2008
- A New Direction for American Energy The New Direction Congress supports an energy policy which includes new responsible domestic drilling—including new leasing and drilling in the Outer Continental Shelf, with appropriate safeguards, and without taxpayer-financed royalty holidays and unneeded subsidies for oil and gas companies earning historic corporate profits. 09/05/2008
- A Progress Report for Working Americans The New Direction Congress has passed strong initiatives to restore the American dream—helping ensure that, after 12 years of neglect, America’s working men and women have the tools they need to provide a better life for themselves and their families. 09/03/2008
- A Progress Report for Young Americans Young Americans have spoken out loudly and clearly about the need for a new direction in America. After years of neglect and inaction, solutions are needed. This Congress, under Democratic leadership for the first time in a dozen years, is making progress. 09/03/2008