Tag: Jobs and the Economy

Merkley Statement on President’s Jobs Speech

WASHINGTON – Tonight, Oregon’s Senator Jeff Merkley released the following statement after the President’s speech: “Everyone in Washington should be focused on creating jobs, and I applaud President Obama for laying out a bold plan to tackle unemployment. We need aggressive action to put people back to work. “There is

Senators Call on McConnell to Put Jobs First in “Super Committee”

WASHINGTON – One day after Republicans in the House and Senate announced their picks for the Joint Select Committee (JSC), Oregon’s Senator Jeff Merkley and 22 of his Democratic colleagues sent a simple message to Republican lawmakers: Put jobs first.  In a letter to Senate Minority Leader Mitch McConnell, the

Merkley Applauds Release from Strategic Petroleum Reserve

Washington, DC – The Department of Energy announced today that it will sell off 30 million barrels from the Strategic Petroleum Reserve (SPR). Oregon’s Senator Jeff Merkley released a statement following the announcement.  “I applaud President Obama and the Department of Energy for releasing a small portion of the Strategic

Merkley: We Must Act Now to Stop Falling Home Prices

PORTLAND, OR – Oregon’s Senator Jeff Merkley issued the following statement on news that home prices have fallen to their lowest level since the collapse of the housing market: “Nearly three years after an economic collapse caused by the actions of Wall Street, the big financial firms are back on

Merkley: Republican Plan to Dismantle Medicare Breaks Covenant with Seniors

Washington, D.C.  – Oregon’s Senator Jeff Merkley issued the following statement after the Senate rejected the Republican budget plan:  “Instead of laying out a vision for the future that creates jobs for the unemployed or invests in education, clean energy, and infrastructure, the Republicans offered a budget that ends Medicare as

Merkley, Boxer Urge U.S. Treasury to Start Credit Flowing to Small Businesses

Washington, D.C. – Senators Jeff Merkley (D-OR) and Barbara Boxer (D-CA) sent a letter to Treasury Secretary Timothy Geithner Monday, encouraging him to implement the Small Business Lending Fund as soon as possible to provide community banks with $30 billion in capital that will help them leverage up to $300

Merkley Statement on Soaring Profits for Big Oil

Washington, D.C. – Two of the world’s biggest oil companies announced billions in profits today and the rest of the industry is expected to post similarly high numbers later this week.  BP recorded a first-quarter profit of $7.1 billion and ConocoPhillips recorded a $3.03 billion profit – and yet gas

Merkley Amendment Would Reduce Wait Time for HUBZone Designation

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley put forward an amendment Wednesday to reduce the wait time for small businesses to benefit from a federal program that aids small businesses in hard-hit areas.  There is currently a two-year lag time after the census is completed before metro areas can be

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