Reid Sends Bush a Letter Urging Bipartisan Work to Address Subprime Mortgage, Foreclosure Crisis

Washington, D.C . –U.S. Senator Harry Reid of Nevada today sent President Bush a letter urging bipartisan support to address Federal Housing Administration (FHA) reform and funding for housing counseling in order to keep Nevada families in their homes. Bush has called on Congress to pass FHA legislation, but he must do more to convince Republicans to work with Democrats on getting it done.  Reid’s letter urges Bush to personally intervene and persuade Senate Republicans to end their obstructionism on this important legislation. As Nevada and the rest of the country’s subprime mortgage and foreclosure crisis grows, Republicans continue to block a bill to help as many as 200,000 Americans at risk of losing their homes.  They blocked the FHA… Read more »

Reid: Destroyed CIA Tapes Threaten America's Integrity, Moral Authority

 Washington, DC—Senate Majority Leader Harry Reid made the following statement today on the floor of the U.S. Senate, calling for a full accounting of the circumstances surrounding the destroyed tapes of CIA interrogations. Below are his remarks as prepared for delivery: “As the end of 2007 continues to draw near, we have a busy week ahead of us. We hope to complete action on the appropriations process, which will require the White House, along with House and Senate Republicans, to be reasonable in the pursuit of common ground. “We will work to complete the energy bill with a bipartisan compromise that will take our country toward lower energy prices for consumers and a cleaner environment. And we will work to… Read more »

Reid Celebrates The Season With Nevada Youth

Washington, D.C. – Today, U.S. Senator Harry Reid of Nevada welcomed 16 members of the Helen Joy Young Entertainers group to the Capitol and congratulated them for being selected to perform for the President at the 2007 Holiday Season at the White House ceremony. “I am so proud of these young students,” said Reid. “Everywhere they go, they make Nevada proud, spreading joy and celebrating the holiday season. Their performance was excellent, and I am sure that they will perform marvelously for the President.” The Helen Joy Entertainers are a singing group of Las Vegas youth ranging in ages from seven to 16. Led by Helen Joy and her daughter Suzy Au, the group focuses on community service and spreading… Read more »

Reid Statement on AMT

Washington, DC—U.S. Senator Harry Reid of Nevada made the following statement today after the U.S. Senate voted for the Alternative Minimum Tax Act without a measure to pay for it: “I am relieved that the Senate has acted this evening to extend AMT relief for 19 million taxpayers – including nearly 100,000 Nevadans. But I want to make it perfectly clear that I am very disappointed Republicans prevented the Senate from passing AMT relief in a fiscally responsible manner. Instead, Republicans insisted that the $50 billion cost of this proposal be added to the national debt – a debt that is already growing at a rate of $1 million a minute. “Although I think it is a shame that it… Read more »

Reid Meets With Nevada Education Leaders to Discuss No Child Left Behind

WashingtonD.C. – U.S. Senator Harry Reid of Nevada met with Nevada education leaders to discuss the reauthorization of the No Child Left Behind Act. “Congress passed the No Child Left Behind Act with all the right intentions, but over the last five years, it has been poorly implemented and drastically under funded,” said Reid. “We’ve heard from teachers, parents, and administrators across the state that No Child Left Behind needs to be reformed so that Nevada students receive the high quality education they deserve. I am committed to improving this legislation, and I will be working with members of the Senate Health, Education, Labor and Pensions Committee to develop a strong, bipartisan reauthorization bill.” Reid met with members of the… Read more »

Reid: Bush Should Show Leadership, Convince Senate Republicans To Stop Blocking FHA Bill

Washington, DC—Senate Majority Leader Harry Reid made the following statement today in response to President Bush’s remarks this afternoon on the nation’s subprime mortgage crisis: “The President is right to address the nation’s housing crisis, but wrong in his assessment of why it is stalling in Congress. Democrats support this bill and have tried twice in the past three weeks to bring up the FHA Modernization Act – a bill that helps as many as 200,000 Americans at risk of losing their homes – but Republicans have stood in the way both times.  Of course, this is just the latest example of obstruction in Senate Republicans’ record-shattering pace. “If the President is serious about addressing this emergency in a meaningful… Read more »

Reid Commends Bush on Action Related to Subprime Lending, North Korea

Washington, DC—Senate Majority Leader Harry Reid of Nevada delivered the following statement today praising President Bush on the floor of the U.S. Senate: “M. President, it is more than fair to say that President Bush and I often do not see eye to eye. But when the President takes a step that is good for America , I have never hesitated to offer my support. Today, there are not one but two positive signs coming from the White House. “First, there are reports this morning that President Bush has sent a personal letter to North Korea ’s leader, Kim Jong-Il. I have not read the letter. But I hope and believe that it is meant as a positive step to… Read more »

Reid: Republicans Blocking Help For Homeowners In Mortgage Crisis

Washington, DC—Senate Majority Leader Harry Reid made the following statement today on the floor of the U.S. Senate, calling on Republicans to heed the call of the Administration and millions of homeowners, and work with Democrats to pass the FHA Modernization Act that addresses the nation’s subprime mortgage crisis. Republicans subsequently objected to passing the bill: “Secretary Paulson, this afternoon with the President, will unveil the Administration’s strategy to address the crisis of subprime lending.  We know the efforts are not one that will cover everything, but it’s a step in the right direction.  We don’t know all the details of this plan yet.  I’m glad to see the White House beginning to address this awful situation now which threatens… Read more »

Reid: Republicans Standing In Way Of Tax Relief By Blocking AMT Patch

Washington, DC—Senate Majority Leader Harry Reid made the following statement today on the floor of the U.S. Senate, calling on Republicans to join the President and Democrats in supporting the AMT patch that helps nearly 20 million Americans: “There has been much talk about the need to pass the Alternative Minimum Tax ‘patch.’ This week, President Bush called upon Congress to pass the patch before the year is up. I couldn’t agree more with the President on this issue. “Extending the AMT patch will provide tax relief to nearly 20 million Americans, including nearly 100,000 Nevadans. Yet the Republican minority continues to block us from passing this bill and providing this critical tax relief. The House passed an AMT bill… Read more »

Reid Statement on Yucca Mountain Hearing

Washington, DC—Senator Harry Reid of Nevada released the following statement today after a panel of administrative  judges considered the Department of Energy’s (DOE) certification of the Licensing Support Network (LSN) for Yucca Mountain: “There were many important concerns that were discussed at today’s Nuclear Regulatory Commission hearing. Of chief concern is that the Department of Energy provide the State of Nevada with all the information it needs to consider and challenge the license application process in a meaningful way. This is a mandatory first step before DOE can file its license application by the arbitrary self-imposed June 30, 2008 deadline. I hope the NRC panel carefully considers the serious implications of the DOE’s premature LSN certification because of the major… Read more »