Tag: Jobs and the Economy

Treasury funds to address housing, foreclosure needs

Sen. Jeff Merkley, D-Ore., announced that Oregon will receive more than $36 million from the U.S. Department of Treasury to assist homeowners struggling to avoid foreclosure. An opportunity exists for the state of Oregon to apply for an additional $110 million from the Treasury Department to address housing needs in

Construction Proceeds On Innovative Cross-Laminated Timber Building

Construction is underway on a project using a new building material called cross-laminated timber. Albina Yard is a new office building going up in northeast Portland. The four-story, 16,000-square foot building has a glue-laminated wood frame instead of traditional metal framing. Wood for the structure was milled at D.R. Johnson lumber

Oregon’s small coastal ports receive funds for dredging

The Army Corps of Engineers will allocate an additional $9 million this year toward dredging projects at Oregon’s small ports. More than $5 million of those funds will go toward the needs of small ports along Oregon’s South Coast, including $942,000 for the Port of Umpqua. Rep. Peter DeFazio, D-Springfield,

Politicians working to get TSA back in Klamath Falls

Salem, Ore. — Oregon’s U.S. senators and representatives are working to get the TSA back in Klamath Falls with a new bill. Senators Ron Wyden and Jeff Merkley, along with Representatives Greg Walden and Peter DeFazio introduced the “Treating Small Airports with Fairness Act” on Thursday. The act would bring

TSA bill aims to return air service to Klamath

City of Klamath Falls officials and community leaders are hopeful a bill introduced Thursday by a congressional delegation will bring passenger screening services back to the Klamath Falls airport. The bill, introduced by Oregon Sens. Jeff Merkley, D-Ore., and Ron Wyden, D-Ore., and Reps. Greg Walden, R-Ore., and Peter DeFazio,

Merkley Talks Retirement Plans For Small Businesses

Oregon Democratic Senator Jeff Merkley stopped by the Falling Sky Delicatessen in Eugene, Friday, to discuss retirement savings plans for small businesses. Earlier this week, Merkley introduced the American Savings Act which emphasizes a universal savings plan that can be transferred between jobs. Merkley says most employees don’t work for

Senator Pushes Retirement Savings Account Bill

Sen. Jeff Merkley, D-Ore., unveiled Thursday the American Savings Act, legislation that would give workers without access to a retirement plan at work the ability to save through an American Savings Account, modeled on accounts offered to federal employees and Congress. “It shouldn’t matter whether you work part time or

Universal, portable retirement savings plan proposal introduced in Senate

Why shouldn’t everyone have the same kind of retirement program enjoyed by members of Congress and federal workers? Good question. U.S. Sen. Jeff Merkley (D-Ore.) thinks everyone should. Merkley today introduced the American Savings Act, which would give every American not covered by a retirement plan at work the chance to

Merkley introduces retirement savings plan

WASHINGTON – Sen. Jeff Merkley, D-Ore., on Thursday unveiled the American Savings Act, major new national retirement security legislation. He said the American Savings Act would give every worker without access to a retirement savings plan through their employer the ability to save for retirement through their own, personal retirement

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