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 »

Nevada Congressional Delegation Urges Inspector General to Investigate Conflicts of Interest Regarding Yucca

Washington, DC –Nevada’s congressional delegation sent a letter to Gregory Friedman, Inspector General for the U.S. Department of Energy, urging him to review possible conflicts of interest related to the law firm Morgan, Lewis, and Bockius’s contract with the Department of Energy to perform legal services related to licensing Yucca Mountain as the nation’s nuclear waste dump.  The letter outlines, in detail, the fact that in the past the firm has represented clients against the Department of Energy and the fact that recently the firm was registered to lobby on behalf of the Nuclear Energy Institute.  Senators Harry Reid and John Ensign, Congresswoman Shelley Berkley, and Congressmen Jon Porter and Dean Heller are united in their efforts to stop Yucca… Read more »

Reid, Buckley Release PSA to Help Nevadans Facing Foreclosure

Washington, D.C. – U.S. Senator Harry Reid of Nevada joined with Barbara Buckley, the Speaker of the Nevada State Assembly to produce a public service announcement (PSA) to reach out to Nevadans worried about losing their homes to foreclosure. “Far too many honest, hardworking Nevadans are threatened with the loss of their home,” said Reid. “Speaker Buckley and I thought it necessary to reach out to them to let them know that there are places they can go and people they can talk to for reliable, credible assistance.” “It is critical that we provide homeowners facing foreclosure a place they can turn for reliable counseling that provides them real options for refinancing, especially in light of the number of so-called… Read more »

Reid: Bush Must Throughly Review Iran Policy In Light Of Newly Released Intelligence

Washington, DC—Senate Majority Leader Harry Reid made the following statement today ahead of President Bush’s remarks this morning, calling on the President to conduct a thorough review of his Iran policy in light of the new National Intelligence Estimate on Iran’s nuclear program that concluded Iran halted its nuclear weapons program in 2003: “President Bush’s heated rhetoric on Iran – including comments about a potential World War III – is even more outrageous now that we know the intelligence community had informed him that it believes Iran had stopped its nuclear weapons program four years ago.  This is the latest in a long line of inaccurate and misleading comments that got us into the Iraq war to begin with. They… Read more »

Reid Statement On The U.S.-Peru Free Trade Agreement

Washington, DC—Senate Majority Leader Harry Reid of Nevada made the following statement today regarding the U.S.-Peru Free Trade Agreement that the U.S. Senate approved this afternoon:  “It is very unfortunate that the Bush Administration’s only policy towards Latin America has been to negotiate free trade agreements. I just returned from leading a bipartisan delegation to Latin America and last year I headed a similar delegation to different Latin American countries, including Peru. What we heard repeatedly there in almost every country we visited was that the Bush Administration had neglected the region. And, in fact, they are right. We have cut development assistance, eliminated programs, and repeatedly overlooked our neighbors to the South. In the place of a robust and… Read more »

Reid: Bush Republicans Stall AMT, then Complain It's Not Moving Fast Enough

Washington, DC—Senate Majority Leader Harry Reid of Nevada made the following statement today after Senate Republicans objected to a unanimous consent request to move to the Temporary Tax Relief Act of 2007, which would extend Alternative Minimum Tax relief:“Despite the President’s warning to Republicans that we must move quickly on the AMT, they have again chosen to block this necessary reform at the expense of 19 million American families, including 150,000 Nevadans, who will be forced to pay this tax next spring if we don’t take action by the end of the year.   “After blocking our efforts to hold three votes on AMT last month, they again stood in the way today.  Bush Republicans are slow-walking this important bill even… Read more »

Reid Statement on Hearing about Environmental Impacts of Yucca Project

Washington, DC— U.S. Senator Harry Reid of Nevada expressed his concerns in a written statement about the proposed Yucca Mountain nuclear waste dump as the Department of Energy (DOE) prepares to hold a hearing today about the environmental impacts of building a rail line to Yucca Mountain and constructing the proposed repository. Calling the Department’s Environmental Impact Statements “premature, wholly inadequate, and based on flawed assumptions,” Reid urged DOE to fully review the public comments it receives regarding these reports, which are intended to consider alternatives to the project and why the project could harm the environment and public health. Below are his remarks as prepared for delivery. STATEMENT OF SENATOR HARRY REID on the Draft Supplemental Environmental Impact Statements… Read more »

Senate Democrats Announce 2008 Legislative Calendar

Washington, DC—The Senate Democratic Leadership today released the legislative calendar for 2008. Below is a list of the important dates: Legislative Calendar: · Tentative start of legislative session: Tuesday, January 15 · State of the Union: Tuesday, January 22 · Presidents Day Work Period: Saturday, February 16 to Sunday, February 24 · Easter Work Period: Saturday, March 15 to Sunday, March 30 · Memorial Day Work Period: Saturday, May 24 to Sunday, June 1 · Independence Day Work Period: Saturday, June 28 to Sunday, July 6 · Summer Work Period: Saturday, August 9 to Sunday, September 7 o Democratic National Convention: Monday, August 25 to Thursday, August 28 o Republican National Convention: Monday, September 1 to Thursday, September 4           … Read more »