IN THE NEWS

Releases

» Hoyer on TARP Provisions, October 31, 2008 In the past few days, it has come to our attention that some financial institutions are misrepresenting the intent of Secretary Paulson’s ‘Troubled Asset Relief Program.’

» Hoyer on Economic Downturn Forcing Cuts to Law Enforcement, October 31, 2008 We know that the economic crisis has ensnared families, small businesses, and state and local governments. Today we learn that law enforcement is also being hit hard.

» Hoyer on GDP Report, October 30, 2008 The Department of Commerce released more bad news today on the economy – the GDP has fallen for the first time in 2008. This is important because it means that America is producing less and selling less.

» Hoyer: Consumers Feel the Credit Crunch, October 29, 2008 In today’s New York Times, there is a story illustrating the devastating impact that the current economic crisis is having on Joe the consumer.

» Hoyer: Underemployment Impacts Families and Economy, October 28, 2008 While the rise in unemployment has been the focus of many news stories throughout the recent economic downturn, a related issue that has received far less attention is the effect ‘underemployment’ is having on America’s working families.

» Democratic Leaders Speak with Experts on Possible Economic Recovery Plan, October 27, 2008 Earlier today, House Democratic leaders spoke with top economists about a new economic recovery package for Main Street.

» Hoyer: Greenspan Acknowledges Role of Regulatory Neglect, October 24, 2008 I appreciate Chairman Greenspan’s candor, and I hope to see similar candor from conservatives in the days to come. It is clear that knee-jerk Republican deregulation has failed.

» Hoyer Statement on the "Deterioration of the Job Market", October 23, 2008 American workers are facing severe job losses and the prospect of a painful recession.

» Hoyer: Economic Crisis Impacts Americans’ Health, October 22, 2008 A troubling story in the New York Times today illustrates how the economic crisis is taking a serious, and in some cases dangerous, toll on the everyday lives of many Americans – with some forced to forego necessary prescription drugs so that they can pay for food or keep a roof over their heads.

» Hoyer: Economic Crisis Continues to Impact Main Street, October 21, 2008 On today’s front page of USA Today, there are two stories illustrating the devastating impact that the current economic crisis is having on communities around the country.

» Hoyer: The Democratic 110th Congress Continues to Make Education a Priority, October 20, 2008 In this time of great economic crisis, millions of American families are struggling to support their most basic needs and worry that access to higher education for their children is in jeopardy.

» Hoyer Statement on Chairman Bernanke, White House Comments Regarding Economic Recovery Package, October 20, 2008 Testifying today before the House Budget Committee, Federal Reserve Chairman Ben Bernanke voiced his support for an economic recovery package. Subsequent White House comments indicate President Bush is moving towards Democrats’ position on this vital issue as well.

» An Interactive Timeline: Eight Years of Republican Failure, October 17, 2008 Republicans’ eight years in the White House, and six years at all the levers of power, have resulted in a faltering economy, a failing energy policy, record deficits and debt, numerous cases of corruption, and an America overstretched and weakened in the world.

» Hoyer Statement Following Meeting with House Democratic Leaders and Economic Experts, October 13, 2008 Let me assure you: No one here underestimates the gravity of our economic crisis. But I left today's meeting confident that the Emergency Economic Stabilization legislation Congress passed early this month gives the Treasury Department the authority and flexibility it needs to respond to this crisis.

» Hoyer Statement on Release of Fiscal Year 2008 Deficit Numbers, October 07, 2008 Today's budget numbers are another sad reminder of the Bush Administration's historic fiscal recklessness.

» Bipartisan House Census Leaders Urge Presidential Candidates to Make 2010 Census a Top Priority, October 07, 2008 In an ongoing effort to ensure a successful 2010 Decennial Census, leaders in the House of Representatives sent a letter to Senators Barack Obama and John McCain today emphasizing the need for the next Administration to make the census a top priority.

» Hoyer Responds to Senate's Failure to Pass Critical Iran Legislation, October 03, 2008 I was disappointed by the Senate’s failure to pass H.R.7112, the Iran Sanctions, Accountability and Divestment Act of 2008, due to Republican opposition.

» Hoyer Statement on September Unemployment Report, Dismal State of Economy, October 03, 2008 Today’s unemployment report is more discouraging news about the state of our economy. America has lost jobs every month of 2008; September’s loss of 159,000 jobs brings the yearly total to more than three-quarters of a million.

» Hoyer on Scheduling of Economic Stabilization Act, October 02, 2008 The House will consider the Emergency Economic Stabilization Act tomorrow morning.

» Hoyer Statement on House Action on Economic Recovery Package, October 01, 2008 Democrats are continuing to work around the clock in a bipartisan way on legislation to address the economic crisis.

» Hoyer Statement on Announced Senate Action on Economic Recovery Package and Tax Extenders, September 30, 2008 I am talking with my House colleagues about the Senate action and how to best proceed taking that into consideration and determining what action in the House will be most successful.

» Hoyer Statement on Next Steps to Address Economic Crisis, September 30, 2008 Democrats remain focused on how we can work towards a bipartisan response to the economic crisis facing our nation.

» Hoyer Urges Senate to Pass Paid-For Tax Extenders Package, September 29, 2008

» Hoyer Floor Statement on Emergency Economic Stabilization Act, September 29, 2008

» Hoyer Remarks at Press Conference Following Vote on Financial Recovery Package, September 29, 2008 As I said on the House floor, today was a very consequential day. We are facing a severe economic downturn, and it was crucial for Democrats and Republicans to come together to support the financial rescue plan put forward by President Bush and Secretary Paulson.

 

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