archive

August 2011

Support the Jobs Agenda

 I will be introducing a bill, The Emergency Jobs to Restore the American Dream Act, to put over 2 million people to work. Economists estimate a 1.3 percent reduction in unemployment. It costs $227 billion dollars for 2 years and can be paid for by requiring millionaires and billionaires to pay their fair share as in my Fairness in Taxation Act.  


Every penny of this plan must go to a job -- not to a tax incentive in the hopes that somebody creates a job.  This two-year jobs program will help get the economy up and running again while investing in critical areas of our nation’s infrastructure.  The New York Times said in an Editorial this week that this plan is an idea worth fighting for.
 

The Debt Ceiling Vote

Although I’ve voted in the past to raise the debt ceiling, I could not vote for this deal that asks for #1 trillion dollars worth of sacrifice from students, seniors and the poor while millionaires and billionaires are asked to sacrifice nothing.
 
The Republicans in Congress and the radical Tea Party members held hostage the full faith and credit of the United States.  They wanted to create a crisis to claim their ransom, cuts to Medicare, Medicaid, and Social Security to the clean Water and Clean Air Acts.  
 
Even the bi-partisan deficit reduction committee, whose final recommendations I did not agree with warned against deep cuts during a lagging economy. This bill could increase unemployment, slow economic growth and deepen already historic income inequality. 
 
We need to stop wasting time on ideological crusades and address the real crises in America: the jobs crisis, the foreclosure crisis, an income inequality crisis, and the disappearing middle class.  
 
I’m going to keep fighting in Washington, to make sure were doing what we can in Congress to make job creation a top priority, to protect our seniors from cuts, and to make sure that all Americans pay their fair share.