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Monthly Archives: March 2009

From the Office of the Majority Leader: What Is Budget Reconciliation? Budget reconciliation was first introduced in the Congressional Budget Act of 1974. Budget reconciliation is an optional procedure that can be included in the annual Congressional budget resolution process. … Continue reading

Posted in Correcting the Record, Fiscal Responsibility | Leave a comment

Today, the House Budget Committee is marking up the Budget Resolution for Fiscal Year 2010, incorporating the key principles of the President's budget – investing in education, health care and energy, giving a tax cut to 95 percent of the … Continue reading

Posted in Affordable Health Care, Education, Energy Independence, Fiscal Responsibility, Labor and American Jobs | Leave a comment

The recession has put a large strain on a great many American families, especially the millions of women and families who already were struggling to make ends meet. The American Recovery and Reinvestment Act, signed by President Obama on February … Continue reading

Posted in Affordable Health Care, Education, Energy Independence, Labor and American Jobs, Retirement Security | Leave a comment

Last week, the Chairman and CEO of the American International Group (AIG), Edward Liddy, testified before the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises. Today, the committee is holding a second hearing to more thoroughly … Continue reading

Posted in Consumer Protections, Financial Reform, Labor and American Jobs, Oversight, What's Happening | Leave a comment

Speaker Nancy Pelosi and her husband Paul happily welcome a new granddaughter, Isabella, born to their daughter, Christine Pelosi, and Peter Kaufman in San Francisco on Sunday, March 22:

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The Obama Administration's new initiative for disposing of 'legacy assets' to restore the steady flow of credit to consumers and small businesses builds on strong actions to reduce home foreclosures and jumpstart our economy with the American Recovery and Reinvestment … Continue reading

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With rising unemployment and home foreclosures and a frozen credit market, it is no surprise that revenues would continue to decline and that the budget deficit President Obama inherited from the previous Administration would increase. After eight years of economic … Continue reading

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As Speaker of the House, and the Representative from California's 8th Congressional District in San Francisco, I am proud to have a diverse constituency, including a vibrant Iranian-American community that represents the beauty and strength of our country. Nowruz, meaning … Continue reading

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As a result of extraordinary abuses of the public trust by companies rewarding employees with excessive compensation while receiving billions in taxpayer assistance, today the House passed legislation (HR 1586) by a vote of 328-93 to hold companies, including American … Continue reading

Posted in Consumer Protections, Oversight | Leave a comment

President Obama called on Congress to create new opportunities for Americans to build a stronger country by helping students perform better in school, prepare Americans for green and innovative 21st century jobs, rebuild cities in times of disaster, improve communities … Continue reading

Posted in Education, Labor and American Jobs, The Environment, Veterans | Leave a comment