This month, our country reached a staggering milestone – the national debt topped $13 trillion. To put that in perspective, if you were to spend $1 per second, it would take you about 412,000 years to rack up $13 trillion in debt. While the median income per person in 2004 was $23,535, each American taxpayer’s share of the national debt is $118,500. Even more troubling, | Read More »
I am proud to join my Republican colleagues to announce the creation of America Speaking Out. America Speaking Out is a project to create a new set of policies to generate real solutions for the problems our country is current facing – and it gives every American the opportunity to take part in the discussion of exactly how to do that. The Democratic leadership in | Read More »
Yesterday, Congress passed H.R. 1106, the Helping Families Save Their Homes Act. Supporters hope this legislation will restore liquidity in the housing market and assist those homeowners who are in foreclosure. While this is a lofty goal, the bill just passed may not achieve it. There are certain aspects of the bill that I can support. For example, permanently raising the FDIC insurance limit from | Read More »
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