THE LEADER'S REPORT: WEEK OF APRIL 19, 2010

For Immediate Release:

April 23, 2010

Contact:Katie Grant
Stephanie Lundberg
(202) 225 - 3130

Leader's Report
majorityleader.house.gov · (202) 225-3130
  
MESSAGE FROM THE MAJORITY LEADER

This week, Democrats continued our push to hold Wall Street accountable with common-sense rules of the road that protect taxpayers. The Wall Street reform bill making its way through Congress will help ensure that the crisis we faced in Fall 2008 can’t happen again.  Wall Street’s bad choices and risk-taking devastated our economy and cost 8 million jobs – while Republicans helped create the crisis through policies that protected Wall Street instead of Main Street. The difference between the two parties is stark: Democrats are standing up for the middle class, while Republicans are working to water down protections for consumers. As Congress moves closer to final action on this legislation, I remain hopeful, however, that some Republicans will side with the middle class and join Democrats to bring accountability to Wall Street.


Democrats also remain focused on creating jobs and helping those who are still struggling in the wake of the economic crisis.  While Democrats’ recovery policies are helping our economy get back on the right track, we know there is more work to do.  Over the next few weeks I expect to bring additional legislation to the House Floor to build on the Recovery Act and the HIRE Act so that we keep creating jobs and strengthening the economy.


Finally, the House will consider the IMPROVES Acquisition Act next week, legislation that builds on our efforts to restore fiscal responsibility by reforming the way we buy things for our troops and military.  It will save taxpayers billions of dollars, while ensuring that our troops have the equipment they need to accomplish their mission. Along with the President’s fiscal commission – which will meet for the first time next week – and the enactment of the pay-as-you-go law, defense acquisition reform shows how serious Democrats are about bringing our country back to fiscal balance.


 
Sincerely yours,

Steny H. Hoyer

STENY H. HOYER



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MAJORITY NEWS UPDATE

Hoyer Statement on President’s Speech on Wall Street Reform
Leader Hoyer joined with President Obama on the need to pass Wall Street reforms that ensure taxpayers are never again put on the hook for bad and risky choices made by financial institutions.
 
Hoyer Announces Defense Acquisition Reform Bill Will Come to the Floor Next Week
Leader Hoyer announced next week that the House will consider legislation to reform defense acquisition so that our troops have the equipment they need to stay safe and get the job done while taxpayers save billions of dollars.
 
Hoyer Statement on the Passing of Dorothy I. Height
This week, Leader Hoyer honored the life of civil rights leader Dorothy I. Height, praising her for her long legacy of successful struggle to secure the rights of all Americans.