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June 13, 2005

Washington, D.C. - Congressman Brad Sherman today criticized Gov. Arnold Schwarzeneggers plan to call for a costly special election this November, and he said the timing is intended to let the governor skirt rules on how regular election campaigns are bankrolled.

œIm an accountant, but you dont have to be one to know the governor is wasting money, Sherman said.

June 5, 2005

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) addressed the Federal Home Loan Bank of San Francisco/Southern California Association of Realtors Homebuyers Fair. Congressman Sherman highlighted his work in Washington on raising the Conforming Loan rate --- the limit on the size of loans that Fannie Mae and Freddie Mac can buy in --- in high-cost areas like the San Fernando Valley.

June 1, 2005
Opinion-Editorial

The number-one concern of Americas parents is the quality of education that their children receive. That is why Ive been working with others in Congress on initiatives to strengthen our schools and expand educational opportunities.

Issues:Supporting Education
May 26, 2005

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) applauded the inclusion of $2 Million for Bull Creek Channel Ecosystem Restoration in the Energy and Water Appropriations Bill passed by the House of Representatives late Tuesday. Bull Creek flows through Anthony C. Beilenson Park, an eighty acre park within the Sepulveda Basin, to the Los Angeles River.

May 25, 2005
Washington, D.C. - Congressman Sherman met with Palestinian President Mahmoud Abbas and delivered a letter expressing his concern over anti-Semitic portions of Palestinian textbooks and a failure to promote peace in the region.

œThe United States has provided $1.4 billion in aid to the Palestinian people since 1993. However, the US cannot continue to support the Palestinian Authority, whether directly or indirectly, if the education system does not create the conditions necessary for peace, Sherman wrote.
May 25, 2005

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) hailed the passage of the Federal Housing Finance Reform Act of 2005 (H.R. 1461) by the House Financial Services Committee today. The bill included a Sherman proposal to increase the conforming loan limit --- the limit on the size of loans that Fannie Mae and Freddie Mac can buy --- in high cost areas, including the Los Angeles area. The Sherman provision will make loans easier to obtain and will lower interest rates in areas where the median home price far exceeds the national average.

May 24, 2005

Sherman Oaks, CA - Congressman Brad Sherman congratulated Tyler Bailey from Cleveland High School, Emily Eisen from High Tech High School, and Leslie Lee from Cleveland High School. These students placed first, second and third respectively in the 27th Congressional District Student Art Competition.

May 17, 2005

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) called upon the Department of Defense to review its Naval Base Ventura County (NBVC) net job loss figure in their Base Realignment and Closure (BRAC) Report. A review of the Report demonstrates that NBVC will have a job loss as high as 6,373 positions. Factoring in the anticipated job gains, the net loss is an estimated 5,495 positions at NBVC. In contrast, Appendix C of the Report, which was widely cited by the press, indicates a net loss of only 1,515 jobs.

May 13, 2005

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) called upon the Base Realignment and Closure (BRAC) Commission to reject a recommendation by Defense Secretary Rumsfeld that certain functions currently performed at the Naval Base Ventura County (NBVC) be œrealigned and moved to other facilities. That suggestion was part of a list of recommendations that Secretary Rumsfeld sent to the Commission today. NBVC is one of 24 California facilities targeted for closure or realignment.

May 13, 2005

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) expressed skepticism at Defense Secretary Rumsfeld including the Navy-Marine Corps Reserve Center Encino in his list of recommendations for the Base Realignment and Closure (BRAC) Commission. Over 240 reservists drill at the facility, and over a quarter of them have been mobilized since September 11th.