Economy Taxes and Trade
More on Economy Taxes and Trade
WASHINGTON, DC – Congressman Brad Sherman (D-CA) issued the following statement today about Republican Leader John Boehner's proposal to means-test Social Security:
"Today, Congressman John Boehner, leader of the Republicans in the House of Representatives, suggested reducing or eliminating Social Security benefits for Americans with "substantial non-Social Security income."
From the beginning of these difficult economic times, I have been committed to supporting and proposing reforms to ensure that consumers, investors, small businesses and everyday Americans are no longer taken advantage of by the big institutions on Wall Street.
Up to 15,000 San Fernando Valley companies eligible for substantial tax credit now
Washington, D.C. – San Fernando Valley small businesses will be getting a little bit of good news in their mailboxes. Congressman Brad Sherman (D-Sherman Oaks) said today that companies eligible for new health reform tax credits will be getting a postcard explaining the credits and encouraging them to take advantage of the tax cut.
Congressman Sherman said the tax credit is especially important to getting the Valley economy moving again.
Sherman Announces How Los Angeles and Ventura County Residents Can Find Out If They Have Unclaimed Tax Refunds
WASHINGTON, DC – Today, Congressman Brad Sherman (Sherman Oaks) announced that nearly 5,000 taxpayers in Los Angeles and Ventura Counties are owed $5,477,862 in undeliverable tax refunds from the 2008 tax year. In many instances, the United States Postal Service was unable to deliver refund checks due to mailing address errors.
Sherman Oaks, CA – Today, Senator Barbara Boxer and Congressman Brad Sherman toured Spectrolab Inc. in Sylmar to discuss with employees and executives how the American Recovery and Reinvestment Act (ARRA) is helping the company develop next-generation solar cell technology.
WASHINGTON – In a 23 to 22 vote, the House Foreign Relations Committee passed House Resolution 252, officially recognizing Armenian Genocide.
"If we hope to stop future genocides we need to admit to those horrific acts of the past. When Hitler had to convince his cohorts that the world would let them get away with it, he turned to them and said, ‘Who today speaks of the annihilation of the Armenians?'," said Sherman. "The last act of any genocide is genocide denial, and the first act of preventing the next genocide is to acknowledge past acts of genocide."
By Congressman Brad Sherman
We need to eliminate waste and abuse so our scarce tax dollars can help provide quality education for our children and protect Social Security and Medicare. That's why I helped lead the fight against bailing out Wall Street, and why I am currently helping to lead the effort to get all our money back from Wall Street and prevent future bailouts.
However, my chief priority is to get our economy moving again so there are quality jobs in the San Fernando Valley. Here are some ways I am working to improve the well-being of Valley families:
Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) hosted a telephone town hall yesterday evening, fielding questions from a number of the thousands of constituents who participated from the comfort of their own homes.
Washington, D.C. - Congressman Brad Sherman, the most senior Democrat on the House Financial Services committee to have opposed the Troubled Asset Relief Program, reacted today to reports that the Security and Exchange Commission (S.E.C.) levied a $33 million fine against Bank of America (BofA) for keeping investors in the dark over billions of dollars of bonuses paid to Merrill Lynch bankers in the wake of a $50 billion merger with the Wall Street brokerage firm last year.
Washington, D.C. - Today, Congressman Brad Sherman (D-CA), a senior member of the House Financial Services Committee, introduced bipartisan legislation along with Congressman Gary G. Miller (R-CA) to permanently increase the limits on the loans made in high cost areas that are purchased by Fannie Mae and Freddie Mac (GSEs) or that are insured by the Federal Housing Administration (FHA). Financial Services Committee Chairman Barney Frank (D-MA), and 29other members are original cosponsors of this legislation.