Congresswoman Dina Titus

 

 

 

Weekly Update
 

 
     
 
     
 

Titus, Berkley, and Heller Urge Support for

Education Waiver in Letter to Secretary

Members of Nevada’s House Delegation, Congresswoman Dina Titus, Congresswoman Shelley Berkley, and Congressman Dean Heller, sent a letter to Secretary of Education Arne Duncan urging him to support a waiver should the Governor request one for education funding in the American Recovery and Reinvestment Act.  The waiver would make Nevada eligible to receive education dollars through the State Fiscal Stabilization Fund. 

Below is the text of the letter:

March 13, 2009

The Honorable Arne Duncan
Secretary of Education
U.S. Department of Education
400 Maryland Avenue, SW
Washington, D.C. 20202

Dear Secretary Duncan,

It is paramount that the residents of Nevada have full access to the State Fiscal Stabilization Funds allocated under H.R. 1, The American Recovery and Reinvestment Act.  Therefore, we respectfully ask for your support when the Governor requests a waiver for the maintenance-of-effort requirement. 

As you know, The American Recovery and Reinvestment Act stipulates that as part of a state’s application for State Fiscal Stabilization Funds, it must provide assurance that it will maintain the same level of support for elementary, secondary and higher education in Fiscal Year 2009 through 2011 as it did in FY 2006.  

Nevada has been one of the states hardest hit by the recent economic downturn.  Our unemployment rate is at 9.4 percent– well above the national average.  Nevada also has the highest foreclosure rate and the highest rate of personal bankruptcy filings in the nation.  In short, the economic situation is particularly grim for Nevadans.  With state revenues lower than ever, the Governor has proposed a budget for state programs of $6.17 billion – 9.3 percent less than in 2007.

Such staggering economic statistics extend to Nevada’s ability to fund education programs in the state.  In Fiscal Year 2006, the state spent $555.9 million on higher education.  In the Governor’s recommended budget for Fiscal Year 2010, higher education is budgeted at only $424.3 million.  At a time when the state is already stretched so thin, a $131.6 million gap will be extremely difficult to restore.  While we certainly agree that states should be held accountable for maintaining appropriate levels of funding for education programs on their own balance sheets, we also know that it simply not an economic reality for states facing the worst budget shortfalls, like Nevada. 

Without the waiver that The American Recovery and Reinvestment Act grants you the power to provide, Nevada will miss out on critical funding.

Nevada students and their families are already experiencing the effects of tough economic times to a greater degree than their peers around the nation.  Now, more than ever, Nevada needs assistance.  We must invest in education now, both to avoid further losses of jobs and revenue, and to ensure that we have a better prepared workforce capable of filling the high-tech jobs of the 21st century. 

We respectfully urge you to grant the state of Nevada a maintenance-of-effort waiver so that Nevadans may receive their much-needed share of the State Fiscal Stabilization Funds.

Sincerely,

Representative Dina Titus           Representative Shelley Berkley         Representative Dean

 


 

Titus Applauds Obama Administration’s Plans to Help Small Businesses

 

Congresswoman Dina Titus of Nevada’s Third District applauded the Obama Administration’s plans to take immediate action to help our nation’s small businesses.  The latest step in the President’s plan to stabilize financial markets will help get credit flowing again and expand access to capital for small businesses.

 

“Small businesses are the backbone of our economy and the engines of growth.  With small businesses accounting for 70 percent of all new jobs in the past decade, providing a strong economic environment for them to grow and flourish will be critical to putting people back to work and getting our economy back on track,” Congresswoman Titus said.  “President Obama’s plan will reduce the cost of small business loans while providing tax incentives to encourage investments in small businesses.  The Consumer and Business Lending Initiative will help unfreeze credit markets so that responsible business owners receive the financing they need to stay in business and jumpstart our economy.”

 

Specifically, the Obama Administration announced the following steps to unlock credit for small businesses:

 

Jumpstart credit markets for small businesses by purchasing up to $15 billion in securities;

 

Temporarily raise guarantees up to 90 percent in SBA’s 7(a) loan program;

 

Temporarily eliminate certain SBA loan fees to reduce the cost of capital;

 

New reporting requirements on bank lending to small businesses and greater efforts to extend small business loans; and

 

Issue guidance for an expanded carryback provision on part of the Recovery Act’s comprehensive tax cut package for small businesses.

 


 
Titus Joins Lawmakers and Volunteers in Support of
GIVE Act and National Service

Congresswoman Dina Titus of Nevada’s Third District joined lawmakers and approximately 50 volunteers today at a press conference on the steps of the Capitol to urge the passage of the GIVE Act, legislation that will launch a new era of national service.  Titus and Congressman Tom Perriello of Virginia have offered an amendment to the act to create a National Service Reserve Corps that is expected to be debated on the House floor today.  Titus was joined by House Speaker Nancy Pelosi, Majority Leader Steny Hoyer, Education and Labor Committee Chairman George Miller, Congressman Tom Perriello, Congressman Paul Tonko, and Captain Scott Quilty, program manager of Survivor Corps.

Below are Titus’ remarks as delivered.

 “Thank you very much, Mr. Chairman.  I am humbled to stand before you today with the people who have given so much – Captain, Tom, all these fabulous volunteers – and that is why I am so proud to serve on this committee with Chairman Miller and be a strong supporter of this bill.

 “In recent years, we have watched with heartbreak as natural disasters have destroyed homes, left people jobless, homeless, and helpless.  But every time, there is a ray of hope and we get our spirits lifted as the volunteers turn out.  They give; they serve; they donate; they are always there.  They don’t ask what party you belong to, they just ask: ‘Do you need a hand?’  And that’s what we do need and that’s what they provide.

 “The country is really hard hit, especially Nevada.  We have the highest foreclosure rate and high unemployment.  We need all the help we can get.  By passing this bill we are saying to the volunteers: ‘We respect your work, we value your work, we want to reward your work, and we thank you.’  But we also want to expand the program so we can bring other volunteers into the fold and make this truly an effort where everyone can give to the best of their abilities and we can all benefit nationwide.  Thank you so much.”

 

 


Titus Celebrates National Women’s History Month

Congresswoman Dina Titus of Nevada’s Third District spoke on the House floor in support of H.Res. 211, a bill supporting the goals and ideals of National Women’s History Month.  Below are her remarks as delivered.

 “Today I rise in support of H.Res. 211 and National Women's History Month, which this year celebrates women who are taking the lead to save our planet.  Women have played a critical role in the fight to protect the earth, as activists, scientists and public servants.

 “In Nevada, many of the early environmental activists, like Tina Nappe, were women inspired to act by their childhood experiences in the beautiful Silver State.  They have been joined by respected scientists such as Dr. Peg Rees, dedicated to finding new ways to protect the desert for future generations.

 “As public servants, women have also made a significant contribution to saving our planet.  In the Nevada legislature, for example, our women members have been ahead of their time, championing issues from renewable energy development, like Shelia Leslie, to smart growth, like Chris Giunchigliani.

 “These many accomplishments are being documented, analyzed and disseminated to the public by the Women’s Research Institute at the University of Nevada in Las Vegas under the able direction of Dr. Joanne Goodwin.

 “But Women’s History Month is not only a month of remembrance of the important women of our past; it is an inspiration for the next generation of women and a call for them to continue the fight to leave this precious rock a better place for our children than we found it.

 “So, thank you, Mr. Speaker, and thank you, especially, Ms. Woolsey, for offering this important resolution that commemorates the 22nd Anniversary of National Women’s History Month.”


Titus Floor Statement on AIG Bonuses to Irresponsible Wall Street Executives

Congresswoman Dina Titus of Nevada’s Third District spoke on the House floor this morning (March 19, 2009) to express her opposition to bonuses for AIG executives.  Below are her remarks as delivered.

 “Mr. Speaker, I rise today in outrage also over the recent news that AIG paid out over $165 million dollars to executives, some of whom are no longer with the company.

 “Every day in Southern Nevada, families face tough decisions about their economic futures. Can they afford to stay in their home? Are they going to be able to provide for their children’s future?

 “I find it insulting that the CEO of AIG said that his decision to give out these bonuses was ‘difficult.’  ‘Difficult’ is trying to figure out how to keep a roof over your head when you’ve lost your job.  ‘Difficult’ is providing for your children when your hours at work have been cut back. 

 “‘Difficult’ is not deciding if you are going to dole out hundreds of millions of dollars to irresponsible Wall Street executives.

 “So I would urge Congress and the Administration to act quickly to recoup the taxpayers’ money.”

 

 
     
 
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