Press Releases

December 5, 2008
The American economy lost 533,000 more jobs last month—the worst one-month drop in three decades. Our unemployment rate, 6.7%, is the highest in 15 years.
December 5, 2008
The 111th Congress is set to convene at a tough and challenging time in our nation’s history.
December 3, 2008
The economic crisis has hit workers and businesses hard, with rising unemployment and a frozen credit market, making it especially critical that President-elect Obama choose leaders for his economic team who will help him address the nation’s pressing needs.
December 2, 2008
Last month, the Democratic leadership in Congress insisted that the automakers present a plan for long-term viability before receiving any assistance from the federal government. Today, the automakers are presenting to Congress their plans for restructuring and viability.
December 1, 2008
Today, Barack Obama kept his campaign promise to choose advisors of the highest stature, from a variety of backgrounds, who would challenge his thinking on vital issues.
December 1, 2008
Today the National Bureau of Economic Research announced that the U.S. economy has officially been in a recession since December 2007--but that will not come as a surprise to millions of Americans.
December 1, 2008
Each year on World AIDS Day we come together as an international community to reflect on the progress we have made combating this horrific disease, as well as recognize how much we have left to accomplish.
November 27, 2008
My thoughts and prayers are with the people of Mumbai, our friends throughout all of India, and their concerned loved ones in the United States.
November 25, 2008
Today’s economic announcement from President-elect Obama indicated that he is serious about ending the fiscal recklessness that has characterized the Bush Administration.
November 24, 2008
For months now, the historic scope of our economic crisis has been clear to all Americans. Our financial markets have seen great turmoil, leading millions of Americans to fear for the security of their savings, pensions, and retirements.
November 20, 2008
I want to commend Chairman John Dingell for his nearly 53 years of service to his constituents and to our nation, making him the longest serving member of Congress come next February.
November 20, 2008
I applaud the Senate's passage of House legislation extending unemployment insurance for Americans suffering in this recession.
November 20, 2008
As we said this afternoon, Democrats fully understand the importance of America’s automotive industry to our entire economy, and to the 3 million workers who depend on it for employment.
November 13, 2008
Today’s report from the Labor Department confirms that this recession is threatening the livelihoods of hundreds of thousands of Americans.
November 10, 2008
Veterans Day is a time to reaffirm our support for every American service member, both the 25 million living veterans and those we have lost, who fought to protect our freedoms.
November 7, 2008
Today’s job figures show an unexpectedly sharp spike in unemployment: In October, the American economy lost an additional 240,000 jobs. With job losses in nearly every sector of our economy, from blue-collar to white-collar, our unemployment rate has reached 6.5%, a 14-year high. In all, our economy has cut jobs every month of this year, for a total of 1.2 million lost since 2008 began.
November 6, 2008
I am sorry to learn that Congressman Roy Blunt will not be seeking reelection as House Republican Whip.
November 6, 2008
President-elect Obama’s selection of Rahm Emanuel as White House Chief of Staff shows a strong commitment to the mandate for change given by voters on Tuesday.
November 3, 2008
Winter has arrived, and with the cold weather comes another difficulty for families hit hard by the bad economy – paying to heat their homes.
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.
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.’
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.
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.
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.