Blog Post
Blog Post
August 20, 2009
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. In May, the House passed, and the President signed, the Credit Cardholders' Bill of Rights applying common-sense regulations that ban unfair rate increases and forbid abusive fees and penalties.
Blog Post
August 20, 2009
Today the world remembers the victims of the bombing of Pan Am flight 103 over Lockerbie, Scotland in December 1988, and expresses our deep alarm that the convicted perpetrator of this unspeakable crime has been allowed to go free.
I am deeply disappointed by the Scottish Executive's decision to release Abdel Basset Mohamed al-Megrahi, who was convicted of this crime and sentenced to life in prison in 2001. Instead of returning to Libya, he should be serving the remainder of his sentence in Scottish custody.
Blog Post
August 19, 2009
“The Credit Cardholders' Bill of Rights will help to put an end to the unfair and abusive practices of the credit card industry once and for all. These common-sense reforms represent critical steps toward reinforcing our economic foundation and restoring the principles of fairness, responsibility and accountability to our economy..."
Blog Post
August 19, 2009
“GM's announcement is an urgently-needed shot in the arm for a region and industry bearing the brunt of today's recession. The increased demand for more fuel-efficient cars and trucks created by our Cash for Clunkers initiative means jobs in the auto industry and an important step forward in our economic recovery..."
Blog Post
August 19, 2009
The goal of health insurance reform is to provide quality, affordable health care for every American while preserving what works in today's system, expanding choice, and containing costs. America's Affordable Health Choices Act provides a public health insurance option that would compete with private insurers within the Health Insurance Exchange -- giving consumers more choices, keeping insurance companies honest and increasing competition.
Learn more about the importance of the public option from health care experts:
Blog Post
August 18, 2009
Health insurance reform opponents continue to spread myths about components of America's Affordable Health Choices Act. For example, Republicans continue to claim that health insurance reform will undermine America's small businesses. However, the fact is that small businesses will benefit enormously from America's Affordable Health Choices Act.
Blog Post
August 18, 2009
Poll after poll has found Americans support a public option as part of the health insurance reform embodied by America's Affordable Health Choices Act. While a NBC News/Wall Street Journal poll out today claims to show declining support for the public option, a closer look at analysis of the poll reveals the change is statistically insignificant and the description of the public option is inconsistent and inaccurate.
Blog Post
August 17, 2009
'Six months ago, President Obama joined Congress in leading our nation toward economic recovery. By signing the American Recovery and Reinvestment Act into law, the President laid the foundation for growth and progress in every neighborhood and in every industry across the country.'
Blog Post
August 17, 2009
“We agree with the President that a public option will keep insurance companies honest and increase competition..."
Blog Post
August 17, 2009
This weekend, some members of the media repeated a myth opponents of health insurance reform have been spreading: that people would be "forced" to choose a public health insurance option, and falsely attributes it to the Congressional Budget Office (CBO). In fact, the public option in America's Affordable Health Choices Act simply provides those using the Health Insurance Exchange a choice between various private plans and a public plan -- with the choice being made by the individual, never an employer.