President Obama's unveiling of his Homeowner Affordability and Stability Plan represents a comprehensive strategy to reduce record foreclosures and stop the nationwide plunge in home values. Addressing the foreclosure crisis is essential to get our economy moving again. Congress stands … Continue reading
Today, less than one month after taking office, President Obama signed into law the American Recovery and Reinvestment Act, answering the calls of the American people for urgent action to turn around our economy and create millions of jobs. The … Continue reading
Today, President Obama will sign the American Recovery and Reinvestment Act into law. Learn more about how the legislation will help you and your state by reading these fact sheets from the White House: OVERVIEW ON AMERICAN RECOVERY AND REINVESTMENT … Continue reading
This afternoon, the House observed a moment of silence for the families and victims of the tragic commuter plane crash outside of Buffalo, N.Y. late last night which killed all 49 people on board and one person in a home. … Continue reading
This afternoon, the House passed the Conference Report of the American Recovery and Reinvestment Act by a vote of 246-183, to save and create jobs, get our economy moving again, and transform it for long-term growth and stability. Learn more … Continue reading
Letter to Automakers: Restructuring Plan Must Demonstrate Viability and Protect Taxpayer Investments
Speaker Pelosi and Financial Services Chairman Barney Frank sent the following letter today to Robert L. Nardelli, Chairman and CEO of Chrysler, and Rick Wagoner Jr., Chairman and CEO of General Motors, regarding their company restructuring plans, which are due … Continue reading
The text of the conference report of the American Recovery and Reinvestment Act of 2009 has been posted on the Rules Committee website: Text of the Conference Report – Division A>> Text of the Conference Report – Division B>> Joint … Continue reading
Speaker Pelosi and Senate Majority Leader Harry Reid sent the following letter today to President Obama inviting him to address a Joint Session of Congress on Tuesday, February 24, 2009. Pelosi and Reid met Tuesday with the President at the … Continue reading
The Appropriations Committee and the Ways and Means Committee have released detailed summaries of the appropriations and tax provisions in the American Recovery and Reinvestment Act. Read the full summary from the Appropriations Committee>> Read the full summary of the … Continue reading
The urgency is clear. The choice is clear. The House will vote this week on a plan to create and save 3.5 million American jobs, jumpstart our economy, and transform it for success in the 21st century. The American Recovery … Continue reading