Economy and Tax Relief
More on Economy and Tax Relief
WASHINGTON – Rep. Leonard Lance (NJ-07), a member of the House Financial Services Committee, called on Citigroup to halt its planned $10 million office renovations for executives at its Park Avenue headquarters given the fact that the company received over $45 billion in taxpayer funds the Troubled Asset Relief Program (TARP).
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WASHINGTON — Members of the New Jersey Congressional delegation, led by Congressman Leonard Lance (NJ-7), today called on Governor Jon Corzine and the New Jersey Legislature to establish an independent, bipartisan oversight board to monitor and account for all federal stimulus funding committed to the Garden State.
Additionally, the lawmakers called for the creation of a state website accounting for every stimulus dollar spent with an estimation of the number of jobs created or retained as a direct result of the federal stimulus dollars.
WASHINGTON, DC -- Late last night, the House Rules Committee rejected by a party-line vote efforts by House GOP moderates led by Leonard Lance (NJ), Charlie Dent (PA) and Michael N. Castle (DE) to trim the fiscal year 2009 Omnibus appropriations bill.
The group of moderate lawmakers unsuccessfully sought permission to offer an amendment to the $410 billion omnibus measure that would limit the spending increases in the bill to the rate of inflation, or 3.8 percent. As currently drafted, the massive spending bill provides an 8 percent spending increase.