The more you earn the more you pay, so, in effect, the marginal tax rate on our poorest households is higher than for our highest-income households. That is ridiculous.
Jack Reed
The Public Record
Jack Francis Reed is a United States Senator from Rhode Island, serving since January 7, 1997. A member of the Democratic Party, Reed has been an influential figure in the Senate, particularly known for his work on the Armed Services Committee. Throughout his tenure, he has focused on issues such as national security, veterans' affairs, and economic development. Reed has also been involved in various legislative efforts aimed at improving education and healthcare access for Rhode Islanders.
Your legislation, which I am proud to cosponsor, is designed to try to get people back not only into housing but people banging nails, et cetera, to build housing.
Mr. Chairman, thank you again for holding this hearing. It is very important. Welcome, Madam Secretary, and I look forward to your testimony.
One of the reasons I am being critical of getting the environmental assessment out, is that it looks like August of this year, 2012, is, the time where the final environmental assessment will be issued.
Again, I think one of the things we tried to attempt in Dodd-Frank was to clarify the position of the President of the Federal Reserve Bank...
When you listen to our Republican colleagues, they're talking about exempting defense, they're talking about no revenue.
We have already made $1 trillion in cuts to discretionary spending as a way to begin to approach the deficit.
If we lose that competition, then our fundamental sort of foundation of national security will quickly erode.
One of the major issues, of course, is the escalating cost of college education;
This to me is one of the most daunting challenges that we have to face going forward.
The issue is not that someone cannot file bankruptcy. It is that they cannot discharge the loan in bankruptcy.
And they are not responsible for public programs like Medicaid or anything else.
I rise this morning to express my support for the Russian accession to the WTO and for our need here in this Chamber and in Washington, D.C., to grant Russia PNTR status so that we can establish a strong, forward-looking trade relationship…
I thank the gentleman, and I rise today in strong support to join my friend from California. As he knows, we've been supportive of free trade from the moment we got here, and I was so pleased to see Colombia, Panama, and South Korea be…
What steps are you taking, though, given that concern you have expressed, right now, not retrospectively, how we got here and who did what to do, but to provide as much certainty as you can--there are several banking institutions you…
I appreciate the gentleman for joining us this evening. I know we have another freshman colleague from the great State of Georgia who has joined us this evening and who will bring us to a conclusion. Mr. Woodall, I am proud to yield to you.
I so appreciate my colleague from Tennessee offering her comments. And I know we're coming to the end of our hour with a few minutes left, but we have plenty of time for two more colleagues that have joined us this evening. I yield to a…
If there is any group of people we need to protect with vigor, it is those who have given so greatly for their Nation.
I would like you all to comment upon the need and necessity to get it done quickly.





