archive

November 2009

Protecting a Woman's Right to Choose

The health care bill passed in the House of Representatives on Saturday night makes many improvements to benefit women. It bans gender rating for premiums, prevents breast cancer survivors and domestic abuse victims from being denied coverage, and expands access to preventive care like cancer screenings.

Unfortunately, as a result of the inclusion of the Stupak-Pitts amendment, it continues gender discrimination by providing the largest expansion of anti-choice language since the Hyde Amendment.

Our message is clear: we will not support any final bill that restricts women's access to reproductive health services beyond current law. Before any bill reaches the President's desk, language that takes us back to the last century by undermining women's rights must be eliminated.

My Conversation with Goldman

This week I had an opportunity most Americans would relish, just as I did. I was able to unload on two top executives of Goldman Sachs who descended from on high to my office because I clearly needed some educating. One was a Vice President and the other their Chief Risk Officer.

I had authored a letter on October 28, along with Congressman Peter Welch, that read, "We understand Goldman Sachs is expected to award its employees $21 billion in bonuses this year...Goldman Sachs is good at what it does, but its profits this year...were supplemented by the generous financial support of American taxpayers. In particular, Goldman Sachs benefited from a taxpayer payment of $12.9 billion from AIG on credit default swaps, insurance lending, and other contractual obligations between the two firms. AIG's payment to Goldman Sachs was, in fact, a taxpayer payment...Should taxpayers be repaid the $12.9 billion before bonuses are distributed to Goldman employees? We believe they should. We therefore urge Goldman Sachs to repay taxpayers the $12.9 billion it received from them through AIG."