We need to move beyond the excise tax on fuel, as we raise revenue fees from the motoring public.
Mike Capuano
The Public Record
Mike Capuano is a former U.S. Representative from Massachusetts, serving from 1999 to 2019. A member of the Democratic Party, he represented Massachusetts's 8th congressional district. During his tenure, Capuano was known for his advocacy on issues such as healthcare, education, and civil rights. He served on several committees, including the Transportation and Infrastructure Committee, where he focused on infrastructure development and public transportation improvements in his district.
Everybody that comes in and asks me for things from the Federal Government, every one of you has to be willing to pay your fair share in taxes.
There is a horrible disconnect and a very, very serious problem and a disconnect between the rhetoric--in this case, infrastructure, building infrastructure, funding infrastructure--and what is actually happening in Congress.
That means your capital reserve must be incredibly good. You must have a lot of money there.
So they are paying extra for the ability to own a home? Do they know this? Have they been told this?
Democrats have some blame for the debt clock. I voted for the stimulus. I am glad I did.
Who pays all the revenue that you get? Am I wrong to think that the vast majority of your money comes out of fees that are charged to middle-income homeowners?
If you want to cut spending by $2 trillion to $5 trillion, I will disagree, but at least I will think it is internally consistent.
I think that the Center On Budget and Policy Priorities was absolutely right when they proclaimed this program as HUD's best-kept secret for promoting employment and asset growth.
I know this is not one of the more sexy issues to come up before the committee.
I think that it is important that the record reflect that no comment about being nice to either Democratic or Republican witnesses ever came from me.
That is not a reason for us to take the giant banks off the hook for prudential regulation.
I am glad to be outraged on this one. About a month ago, the majority party took away the ability of people using the internet to keep their information private. You allowed every person on the internet, every company, to access everything…
I thank the gentlewoman for yielding. Let us be honest. There are no legitimate consumer groups who support repealing this rule. The consumer groups are actually with the consumers, and they want this rule. So let us be clear. This rule is…
If you are giving investment advice to our retirement savers and you are being compensated for your advice, then you have to put your customers' interests first.
The fiduciary rule is a much-needed update of the rules governing investment advice to retirement savers.
The Labor Department concluded that it could not justify delaying the start date for very long.
tying the hands of the SEC, being overprescriptive as this discussion draft bill is, is dangerous.
this new bill creates an entirely new standard that isn't a fiduciary standard or a suitability standard.
this bill would be devastating to low-income, to middle-income, to senior citizens.
this discussion draft will most certainly undermine the SEC's rulemaking authority in this space.
I wrote my own letter to the DOL on the proposed rule asking for six technical fixes and clarifications, and DOL made all six changes that I asked for in the final rule.





