Economy Taxes and Trade

Washington D.C. – Congressman Brad Sherman (D-CA), the Ranking Democrat of the House Foreign Affairs Subcommittee that deals with trade, released the following report regarding his work on trade policy:

Washington DC – In September, Congressman Sherman (D-CA) and several other members of Congress wrote a letter to the Commissioner of the Internal Revenue Service (IRS) urging the IRS to treat LGBT couples in states with domestic partnership and same-sex marriage laws equitably and fairly. Currently same-sex partnerships have undue complications in filing simple tax returns because their marriages are not recognized by the federal government. The letter, which was led by Congressman Jim McDermott, was signed by a bipartisan coalition of 74 Members of Congress.

Washington D.C. - On October 12, 2011, Congressman Brad Sherman stood with labor in opposing three anti-worker trade deals with Panama, Colombia and South Korea.

While most of Republican Party supported of all three bills, a small minority of Democrats joined with the GOP in supporting these bills. Of the 192 Democrats in the House, only 31 voted for the Colombia deal, 66 for Panama, and 59 for South Korea.

Watch Congressman Sherman’s Remarks on the House Floor: CLICK HERE

Or Read Congressman Sherman’s Remarks below:

WASHINGTON, DC – Congressman Brad Sherman is again introducing legislation to revoke Most Favored Nation (MFN) status for China and direct the President to negotiate a new trading relationship that is designed to eliminate the trade imbalance. Sherman first introduced the legislation in the previous session of Congress in 2010.

Washington DC – Following President Obama's September 8th speech, Congressman Brad Sherman released the following statement:

"The President's economic plan is good but insufficient. We need a bolder spending program over the next 2 years to get us out of this recession, but if and only if it is paired with an even bolder program to reduce the deficit over the next 10 years. I'm pleased that the President supports tax breaks for the middle class, including the payroll tax holiday which provides immediate additional stimulus and is self-reversing.

Sherman Oaks, CA – Congressman Brad Sherman (D-Sherman Oaks) joined over 50 members of United Food and Commercial Workers (UFCW) at Ralphs – a local supermarket at 14440 Burbank Boulevard in Sherman Oaks – to urge executives of Ralphs, Vons and Albertsons supermarkets to negotiate a fair contract with their employees.

Washington D.C. – In response to the S&P decision to downgrade the U.S. credit rating, Rep. Brad Sherman (D-CA) a senior member of the House Financial Services Committee, released the following statement:

Ending So-Called "Right-to-Work" Laws Would Give Working People a Fair Deal

Washington, DC – Yesterday, Congressman Brad Sherman announced the introduction of dramatic legislation that would eliminate so-called "right-to-work" laws (H.R. 2775), which was applauded by AFL-CIO President Richard Trumka. Sherman has a strong record of supporting working men and women and earned a 100% rating from the AFL-CIO.