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
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.
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
Portland, OR – Oregon Senators Jeff Merkley and Ron Wyden announced today that the U.S. Department of Transportation is awarding nearly $9 million to the state of Oregon to help implement plans to bring high-speed rail to the Northwest corridor. The funds will go toward plans to increase the frequency
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
Portland, OR – Oregon Senators Jeff Merkley and Ron Wyden issued the following statements Friday following the announcement that the U.S. Department of Transportation has awarded the Port of Coos Bay with a $13.5 million grant to fully repair the Coos Bay rail line. “Today we’re celebrating a huge win
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
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.
Washington, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden announced today that the U.S. Department of Agriculture has awarded more than $7 million to improve the water system in Sutherlin, Oregon. The Recovery Act funding will go toward improving the health, sanitation and infrastructure of the water system,
Washington, D.C. – The U.S. Senate passed the Small Business Jobs Act Thursday by a vote of 61 to 38. The legislation includes two programs modeled on legislation introduced by Oregon’s Senator Jeff Merkley: The Small Business Lending Fund and the Small Business Jump Start Act. “Small businesses in Oregon
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