Tag: Jobs and the Economy

Sen. Jeff Merkley, small business reps oppose tax breaks for wealthiest

WASHINGTON — Swimming against the political tide, Oregon Sen. Jeff Merkley — backed by a group of small business leaders — argued Wednesday for allowing tax breaks for the wealthiest Americans to expire while extending them for people of more modest incomes. Allowing tax breaks for the wealthiest 2 percent

Massive Mortgage Servicing Problems Exposed

To keep families in their homes, we must address this unproductive dual-track modification system, cut down the piles of paperwork that families are forced to sift through, and make mortgage modifications faster and more effective.

Senators Call on Regulators to Implement Strong Merkley-Levin Provisions

Washington, D.C. – To ensure that the Merkley-Levin proprietary trading restrictions of the Dodd-Frank Act are implemented as intended by Congress, Senators Jeff Merkley (D-Ore.), Carl Levin (D-Mich.), and 16 of their colleagues submitted comments to the Financial Stability Oversight Council (FSOC) Thursday.  In the comments, the group of senators

Merkley Statement on Intel Announcement

Portland, OR – Oregon’s Senator Jeff Merkley issued the following statement Tuesday following Intel’s announcement of their plans to break ground on a new fab in Oregon and an upgrade to two Hillsboro facilities. Today’s announcement represents thousands of construction jobs for Oregonians and between 800-1000 new permanent Intel jobs

Merkley Announces an Additional $82 Million for Oregon Foreclosure Assistance

Washington, D.C. – Oregon’s Senator Jeff Merkley announced today that the U.S. Department of Treasury has awarded an additional $82 million to the Oregon Housing Finance Agency for the Hardest Hit Fund program. This brings a total of $220 million in federal assistance to Oregon for foreclosure-prevention assistance. “The only

To fix economy, put middle class first

It’s easy to miss between all the cable news diatribes and political posturing, but there are real philosophical differences in how Democrats and Republicans believe we can produce prosperity. My fellow Democrats and I believe the middle class drives our economy — when middle-class families do well, America does well.

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