Blog Post
Blog Post
May 21, 2010
Today's announcement by the Obama Administration builds on the work of Congress to reduce our dependence on oil and increase our energy security. Every year, we send billions of dollars overseas to countries that are hostile to U.S. interests in order to feed our addiction to oil.
Blog Post
May 20, 2010
For eight years, President Bush and his Republican allies ignored growing risks in the financial markets as Wall Street and big banks exploited loopholes and harmed America's families and small businesses. Their failure to regulate financial markets and control these risks left Wall Street and the big banks to gamble with our money, which compromised our future, our savings, and the American Dream.
Blog Post
May 20, 2010
Explaining that "this may be BP's footage, but it's America's ocean," Chairman Ed Markey (D-MA) has been requesting a live feed of the BP oil spill to be made publicly available on the web so we can see the real-time effects and independent scientists can analyze how much oil is still flowing and at what rate:
Blog Post
May 20, 2010
Tonight, the Committee on House Administration passed the DISCLOSE Act (HR 5175) out of Committee. The bipartisan bill introduced by Reps. Chris Van Hollen (D-MD), Mike Castle (R-DE), Walter Jones (R-NC), and Robert Brady (D-PA) responds to the Supreme Court's ruling in Citizens United v.
Blog Post
May 20, 2010
This afternoon, Congressman Mark Critz of Pennsylvania was sworn in:
Rep. Critz was elected May 18, 2010 to fill the 12th district seat of Pennsylvania held by the late Congressman John P. Murtha. Rep. Critz brings the House to 432 Members (255 Democrats and 177 Republicans) with three vacancies remaining (GA-9, NY-29, HI-1).
Blog Post
May 20, 2010
This morning, President Felipe Calderón of Mexico will address a Joint Meeting of Congress at 11 AM EST. You can watch the address live on HouseLive.gov»
On announcing the invitation to address Congress last month, Speaker Pelosi said:
Blog Post
May 19, 2010
The Democratic-led Congress is committed to creating prosperity through science and innovation, reasserting our economic and technological leadership throughout the world in the decades to come, and giving future generations greater opportunity to achieve the American dream. Boosting our national competitiveness is essential to our economy--about half of the growth in our GDP since World War II is related to the development and adoption of new technology.
Blog Post
May 19, 2010
Today, the Financial Services Committee passed the Small Business Lending Fund Act of 2010 (H.R. 5297) to boost lending to small businesses having a hard time getting credit in today's tough economy:
Blog Post
May 18, 2010
While the Obama Administration continues the coordinated response to the Deepwater BP Oil spill, Congress is also investigating the causes of the explosion, including the adequacy of the companies' safety and emergency response measures, and conducting oversight of the recovery efforts. Last week, the Energy and Commerce Subcommittee on Oversight and Investigations held their first hearing on the Deepwater Horizon Gulf Coast Oil Spill as part of their ongoing inquiry.
Blog Post
May 17, 2010
In 2008, credit card issuers imposed $19 billion in penalty fees on families with credit cards--exploiting loopholes in the law to make profits at the expense of responsible credit cardholders with minimal oversight. Last year, credit card companies broke all records for late fees, over-limit charges, and other penalties. Credit card debt also reached a record high of nearly $1 trillion at the end of 2008--with around half of American families carrying an unpaid balance last year.