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Blog Post
February 12, 2009
The urgency is clear. The choice is clear. The House will vote this week on a plan to create and save 3.5 million American jobs, jumpstart our economy, and transform it for success in the 21st century.

The American Recovery and Reinvestment Act is the agenda President Obama laid out over the last two years and Americans embraced at the polls.

Articles
February 12, 2009
"Congressional leaders agreed yesterday on the details of a nearly $790 billion stimulus package, an unprecedented attempt by the federal government to jolt the economy, create millions of jobs and ease the financial woes facing individuals, businesses and states."
Articles
February 12, 2009
"Congressional leaders agreed yesterday on the details of a nearly $790 billion stimulus package, an unprecedented attempt by the federal government to jolt the economy, create millions of jobs and ease the financial woes facing individuals, businesses and states."
Speech
February 11, 2009
“Last night, hundreds of people gathered under the Capitol dome as we had a reception on the eve of this historic event at the site of the original House of Representatives to pay tribute to John Dingell. It was an amazing group to see: Democrats and Republicans, new Members -- just newly sworn in -- and those who have been here for decades. We were honored to be joined by President Clinton, who on more than one occasion has honored John Dingell for his service. I think most recently before was for the 50-year anniversary of your service in Congress, where many of us came together at that time. We were joined also by Speaker Foley and the former Minority Leader Bob Michel. Again, a sign of bipartisanship. We all came together to pay tribute to the 19,420 days John Dingell served alongside us."
Blog Post
February 11, 2009
Today, the Energy and Commerce Subcommittee on Oversight and Investigations is holding a hearing examining the recent salmonella outbreak associated with peanut products manufactured by the Peanut Corporation of America. Watch the live webcast>>

Chairman Waxman, in his opening statement, explains the troubling findings by the Energy and Commerce investigation:

Blog Post
February 11, 2009
The House Financial Services Committee is holding a hearing this morning on TARP accountability and the use of federal assistance by the first TARP recipients. The eight CEOs representing companies who received TARP funds are testifying.

Watch the live webcast (starting at 10 am EST)>>

Read prepared testimony (.pdfs):

Blog Post
February 10, 2009
Today, the House Financial Services Committee held a hearing entitled, "An Examination of the Extraordinary Efforts by the Federal Reserve Bank to Provide Liquidity in the Current Financial Crisis" with Federal Reserve Chairman Ben S. Bernanke testifying.

Read Chairman Bernanke's prepared testimony>>

Watch the archived web cast>>

Bloomberg on the hearing:

Blog Post
February 10, 2009
Image removed.

(Click chart for larger image)

MYTH:

House Republicans claim their bill creates 6.2 million jobs (The basis of these numbers, they claim, is a methodology established by Christina Romer, Chair of President Obama's Council of Economic Advisers)

FACTS:

A new Economic Policy Institute study finds within two years:

Press Release
February 10, 2009
“Today, Interior Secretary Salazar unveiled a new approach to reviewing the energy potential of the Outer Continental Shelf. With this announcement, the Obama Administration has taken a critical step toward a comprehensive energy policy."