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July 9, 2012Press Item
As he prepared to take office, President Kennedy spoke to a nation troubled by anxiety over America’s leadership in the world and uncertainty over whether future Americans would inherit a strong and secure economy.
June 14, 2012Press Item
Today, we heard President Obama lay out a plan for America’s economic future to provide businesses with certainty, to create jobs for the middle class, and to pay down our debt. The American people understand what’s at stake this year: the progress of our economic recovery and the potential for a new generation of prosperity. The path laid out by the President is the right way to further our recovery, as demonstrated by the success of our auto industry after Democrats took action to prevent automakers from going bankrupt. 
June 8, 2012Press Item
“When crisis struck our financial system in 2008, it wasn’t because there was too much regulation.  For years, the Bush Administration and the Republican Congress took the referees off the field when it came to Wall Street.
June 5, 2012Press Item
As our economy continues its recovery, House Republicans have rolled out a summer agenda that ignores job creation and does not address a number of critical items. Two items expire at the end of this month: a surface transportation reauthorization bill – which the Senate passed with an overwhelming bipartisan vote – and legislation to stop student loan interest rates from doubling on July 1. House Republicans are also holding an extension of the middle class tax cuts hostage to tax cuts for the wealthy, despite the need for families to have certainty that their taxes will not increase next year.
June 5, 2012Press Item
CBO’s Long-Term Budget Outlook makes it abundantly clear that our long-term structural problems should be just as concerning as the looming fiscal cliff, including the budget sequester, facing us at the end of this year.  CBO’s report is a warning that we must get our fiscal house in order by achieving big and balanced deficit reduction that includes both spending and revenues. Cutting domestic spending alone won’t work, and it will require both parties working together.  I still believe this is a goal we must pursue in Congress this year – and one that is achievable.   Doing so would provide certainty to businesses that have been holding back investment and could constitute the single greatest stimulus to our economy and job creation. 
May 30, 2012Press Item
Last week, House Republicans unveiled a summer legislative agenda that brings forward partisan bills that do not create jobs and will result in higher taxes for the middle class because of their refusal to ensure the wealthy pay their fair share.         
May 10, 2012Press Item
“I opposed this appropriations bill for several reasons, chief among them that it is not consistent with the bipartisan agreement reached in August on spending levels.  Breaking that agreement is just one more sign that this House Republican conference is simply unwilling to compromise or work with Democrats to find solutions to our challenges.
April 14, 2012Press Item
Taxes are never popular, especially in April of an election year. But the Republicans’ latest effort to tilt the tax code in favor of the wealthy, and starve the government of needed revenue, is particularly cynical.
March 30, 2012Press Item
This week, the House Ways and Means Committee reported H.R. 9, the Small Business Tax Cut Act, which would give every business in the United States with fewer than 500 employees a deduction equal to 20 percent of its gross receipts.
March 21, 2012Press Item
Yesterday, Republicans unveiled a more-of-the-same budget for fiscal year 2013 that ends the Medicare guarantee while protecting tax cuts for the wealthy, and puts our economic recovery at risk. The Republican budget makes the wrong choices and places the burden of deficit reduction onto seniors, the middle class, working families, and the most vulnerable by refusing to ask the wealthiest among us to contribute. Budget Committee Chairman Paul Ryan called on the American people to make a choice between two futures for our nation. Here’s a look at our future under the Republican budget – and the future Democrats envision instead.
February 22, 2012Press Item
Sustaining our economic recovery depends on American businesses, especially manufacturers, remaining globally competitive and able to continue investing in innovation and job growth.  The President's proposal would lower the business tax rate by broadening the base through elimination of those loopholes that distort business decision making.  It also goes hand in hand with House Democrats' Make It In America comprehensive jobs plan by providing incentives for manufacturing and research that will help us retain our role as the world's innovation leader.  When we help manufacturers make their products here in America, it in turn helps create opportunities for more of our people to Make It In America.
November 17, 2011Press Item
Today, the House passed a conference report that adheres to the Budget Control Act and still contains a number of good investments. It demonstrates that responsible Republicans and Democrats can work together to pass legislation to fund the government in line with past agreements and meet our shared responsibility to the American people.
November 4, 2011Press Item
Today’s jobs report shows that we need to take action on jobs immediately. But after more than 300 days in the majority, Republicans have done little to address job creation despite their repeated claims that they would focus on Americans’ top priorities: creating jobs and growing the economy. However, Republican rhetoric doesn’t match their actions.
July 21, 2011Press Item
This legislation puts the special interests ahead of the public interest by weakening the entity that shields responsible consumers from financial abuses. Last year, Congress passed an important Wall Street reform bill in order to prevent a job-destroying financial crisis from happening again. And one of the most crucial parts of that bill was the creation of a new Consumer Financial Protection Bureau, a watchdog that would look out for the interests of ordinary Americans who want to sign mortgages, apply for student loans, and start businesses on honest and fair terms. The Consumer Financial Protection Bureau is empowered to ensure that lenders provide clear, plain-language explanations of loan terms—and to stop the kind of abusive and deceptive loan practices that helped drive our economy off a cliff. If such protections had been in place in the last decade, the odds of a crisis would have been significantly less.
May 23, 2011Press Item
If the United States fails to pay the bills it has incurred, it ‘would be a financial disaster not only for our country, but for the world economy.’ Those are the words of Speaker Boehner in January...
April 18, 2011Press Item
If you're feeling overwhelmed this Tax Day, you're not alone. The complexity of our tax code isn't just a nuisance for families and businesses -- it's a drag on our entire economy. Each year, Americans spend billions of dollars and more than 225 million collective hours doing their taxes. And each year, there's talk of making our tax code far simpler, talk that rarely goes anywhere. This year, however, there is a real chance that we can turn our overwhelming tax code into a simpler one that unleashes productivity, saves families time and money, helps us create jobs, and reduces the deficit.
January 20, 2011Press Item
Today, the House Ways and Means Committee is meeting to discuss reforming the U.S. tax code. Though in its early stages, I believe tax reform can be one of the most promising areas for bipartisan cooperation in this new Congress. Members of both parties can agree that a tax code that unleashes economic productivity, creates middle-class jobs and reduces the deficit would be a major boost to our economic future.
January 19, 2011Press Item
As Congress returns to work this week, our community is still recovering from the tragedy in Tucson, Ariz., and praying for the health of Rep. Gabrielle Giffords (D-Ariz.) and all of the wounded. A tragedy like this doesn’t make our differences disappear; but this can, I hope, be a time to remember that the grave challenges our nation faces are common to us all and can only be overcome with common effort.