U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) today requested that Treasury Secretary Timothy Geithner intervene in the naming rights agreement between Barclays PLC and the proposed Atlantic Yards arena in Brooklyn on the grounds that Barclays is the recipient of $8.5 billion dollars in bailout money from U.S. taxpayers through credit default swap payments by AIG. “I believe that any further payments of... Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) a member of the House Committee on Ways and Means and a staunch opponent of the Internal Revenue Service’s use of private debt collection agencies, today applauded Treasury Secretary Timothy Geithner’s decision to end the practice. “Private debt collection agencies have failed to work in an adequate or cost efficient manner and do not deserve a contract exte... Read more »

On the heels of Vice President Joe Biden’s announcement of $8.4 billion in new federal funding for America’s public transportation infrastructure, U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) today welcomed $524, 231,441 in federal funding slated for New Jersey’s transit systems in the American Recovery and Reinvestment Act. “This substantial level of funding in New Jersey’s public transportation infra... Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) a member of the House Committee on Ways and Means today released the following statement regarding President Obama’s 2010 budget proposal:“President Obama’s budget proposal is a refreshing return to the kind of responsible accounting that the American people expect from Washington. As a member of Congress I am relieved to be presented with an honest budget a... Read more »

Only eight days after President Barack Obama signed the American Recovery and Reinvestment Act into law, U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) today announced that Passaic County and its municipalities will be awarded nearly $10 million in federal funding through various Department of Housing and Urban Development (HUD) grant programs. “I am pleased that the recovery package is moving quickly to... Read more »

WASHINGTON—U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) issued the following statement on President Barack Obama’s historic address to a Joint Session of Congress: “President Barack Obama connected with the American people tonight. His economic assessment was honest, his ideas ambitious, and his plans attainable. The President looked beyond politically motivated resistance and continued to stress the i... Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) today applauded a common sense provision in the American Recovery and Reinvestment Act which would limit companies that received funding from the Troubled Asset Relief Program (TARP) from hiring skilled foreign workers under the H-1B visa program. The legislation, which will create and save 3.5 million jobs, was signed by President Barack Obama this afternoo... Read more »

Working with a sense of urgency to create jobs and stimulate the flagging economy, U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) today joined a majority in the House of Representatives to approve the American Recovery and Reinvestment Act of 2009. The legislation was approved by a vote of 246-183. “This package was all about putting people back to work and protecting jobs. I’m proud to say the bill we p... Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) the sponsor of the Auto Ownership Tax Assistance Act today applauded Senate passage of the legislation in the form of an amendment to American Economic Recovery and Reinvestment Act: “I applaud my Senate colleagues for approving smart tax incentives that will relieve consumers, boost the struggling auto industry and stimulate the economy. The staggering decl... Read more »

When President Dwight D. Eisenhower introduced his landmark highway investment plan to Congress in 1955, it was unceremoniously rejected. Read more »