Economic Security
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House Panel Backs Bill Boosting Nonpublic-Firm Shareholder Limit
October 05, 2011, 7:57 PM EDT
By Phil Mattingly
Oct. 5 (Bloomberg) -- A U.S. House panel approved measures that would let closely held firms attract more investors without going public as part of a slate of Republican-backed legislation aimed at spurring economic growth.
This evening, as the President speaks to the nation about his plan to create jobs, he must acknowledge the economic disaster in the African American community, whose unemployment rate hovers at roughly 16.7 percent, almost double that of the general population and equal to depression-era levels. He must then articulate how the plan he puts forth will target the communities with the highest rates of unemployment, including the African American community.
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Congresswoman Maxine Waters reacts to the recent False Claims Lawsuit filed against Education Management Corporation by the Department of Justice and 11 State Attorney Generals. Her statement on the recent filing is below:
Congresswoman Waters (CA), Ranking Member on the Subcommittee on Capital Markets and Government Sponsored Enterprises, today wrote two letters calling for action following Standard & Poor's (S&P) historic downgrade of U.S. government debt on Friday, August 5th.
Congresswoman Waters released the following statement after her vote in the House of Representatives yesterday against the Republican debt ceiling package (known as the Budget Control Act of 2011):
Mr. Speaker, I must congratulate the Tea Party for extorting the deal made in their image, and their image alone. The cuts will be deep, they will be lasting, and they will weaken an already-depressed economy.
What's clear is that the Tea Party is so ideologically driven to kill government that they're willing to kill the private sector, kill jobs, and kill growth in the process.
Congresswoman Maxine Waters (D-Calif.) joined more than 35 of her Democratic colleagues last night who spoke or submitted statements in the Congressional Record opposing Republican cuts to the Women, Infants, and Children (WIC) nutrition program and other critical nutrition programs serving low-income Americans. The cuts are included in H.R. 2112, the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act for Fiscal Year 2012. The House is currently considering amendments to H.R.
The House of Representatives today passed H.R. 1540, the National Defense Authorization Act for Fiscal Year 2012, and includes an amendment authored by Congresswoman Maxine Waters (D-Calif.).
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