Joe Baca: “Today when President Obama signs into law sweeping Wall Street reform, it will mark another important change--I state…”

“Today when President Obama signs into law sweeping Wall Street reform, it will mark another important change--I state, another important change--from the failed Republican policies of the past. The irresponsible policies of the Bush administration and the Republican Congress cost us 8 million jobs. Thankfully, this new financial reform puts us on a path of restoring accountability to our financial system and ending the era of tax-funded bailouts. President Obama and the congressional Democrats have fought to move America forward. We have enacted significant new laws to create new jobs and increase small business lending, end pay discrimination in the workplace, extend Medicare sovereignty, and make college education more affordable. Unfortunately, my Republican colleagues continue to support policies that will ship jobs overseas, privatize Social Security, and dismantle Medicare. We can no longer afford the policies of the past. We must continue to work with our President and move America forward.”