 |
 |
 |
 |
 |
 |
 |
 |
February 28, 2008
Reid: Republicans Side With Banking Industry Over Americans At Risk Of Losing Their Homes
Washington, DC—Senate Majority Leader Harry Reid made the following statement today after Republicans blocked the Foreclosure Prevention Act from coming to the floor:
“The bankers on Wall Street and the big lenders are high-fiving tonight. They won again, with the help of Bush Republicans – and at the expense of millions of Americans whose homes are going into foreclosure and millions of their neighbors whose property values are plummeting.
“By blocking Democrats’ efforts to address the housing crisis, it is becoming increasingly clear that Bush Republicans either have no interest in turning around our sinking economy, or no ideas on how to do so.
“The President and Bush Republicans are content to do nothing as this crisis gets worse. Their posture: Let’s wait and see. Democrats know that things won’t just get better with time; the wait-and-see approach is not working in Iraq, and it will not work for our economy. We will return to this debate as soon as we can because every day of inaction is another day homeowners, their communities and our economy suffer.”
###
The Senate will convene at 9:30 a.m. and proceed to a period of morning business until 11:00 a.m., with the time equally divided and controlled between the two Leaders or their designees.
At 11:00 a.m., the Senate will resume consideration of the House Message with respect to H.R.1586 [Legislative vehicle for the Education Jobs Fund and FMAP] with 20 minutes for debate equally divided and controlled between Senators Baucus and DeMint, or their designees.
US Senate Virtual Reference Desk: Employment
Senate Placement Office and Employment Bulletin
Senate Employment Bulletin (pdf)
Place your resume in the Democratic Resume Bank
