or they wouldn't be Democrats.
Arctic National Wildlife Refuge
WASHINGTON, D.C.—Congressman Rahm Emanuel (D-IL) issued the following statement after his vote to support maintaining the pristine quality of the Arctic National Wildlife Refuge (ANWR). Congressman Emanuel voted to protect the ANWR region from exploitative drilling by voting for the Markey/Johnson Amendment.
“Today I voted against the Energy Bill because I refuse to vote for any legislation opening one of America’s most pristine treasures – the Arctic National Wildlife Refuge – to the inevitable destruction of oil drilling. But more importantly, I voted against this bill because it fails to address America’s energy needs.
Two things have happened in the past few months; gas prices went through the roof and oil companies have realized tremendous profits. I’m baffled as to why we have written a bill that distorts the free market by providing billions of dollars in tax credits and does little or nothing to help reduce our energy consumption.
Unfortunately we can’t have a debate about an effective energy policy because the Republican leadership has attached a provision opening ANWR to oil exploration. There is little evidence that drilling in ANWR is economically viable, the American public opposes drilling in ANWR by a margin of two to one, and the Senate recently defeated a similar provision. Clearly this is a bad idea, but it was still included. Why? Because the oil companies have high paid lobbyists with friends in the Republican Party. I guarantee that if ANWR had the same friends, we wouldn’t be drilling there.”
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Congressman Emanuel announces the American Hybrid Tax Credit Act of 2005 with Chicago Fleet Management Commissioner Howard Henneman (left) and Jim Williams of International Truck and Engine Corporation of Melrose Park.
Energy Legislation
ON THIS PAGE:
The Save Energy Now Act | American Hybrid Tax Credit Act | New Apollo Energy Act | Windfall Profits and Consumer Assistance Act | Related Statements
Like you, I am concerned about rising energy costs. This page contains information about legislation I have been working on to reduce exorbitant energy costs, ensure that our seniors and vulnerable citizens have adequate home heating assistance, and lessen our dependence on foreign oil through the advancement of alternative fuel sources.
The Save Energy Now Act
High prices at the pump not only hurt our wallets, but they also are a symptom of the larger problem of our dependence on foreign oil. In order to reduce the price of gas and help put us on the path towards Energy Independence, I recently announced the Save Energy Now Act, which would:
MAKE HYBRIDS NOT HUMMERS: Increase the federal tax credit for purchase of hybrids and other lean-burn vehicles. Hybrids can often cost $6,000 more than a comparable, non-hybrid vehicle, but current tax incentives only cover a fraction of this cost. Increasing the credit to $7,000 will eliminate this cost differential and help encourage the purchase and use of these highly fuel-efficient vehicles.
PLUG IT IN: Provide credits toward the installation of hybrid plug-in conversion kits. Plug-in hybrids recharge overnight at a standard electrical outlet, greatly reducing the amount of gasoline these vehicles need.
MADE BY AMERICANS, FUELED BY AMERICANS: Construction of E-85 and bio-diesel fueling stations at government facilities where needed. In recent years, the federal government has purchased large numbers of "flex fuel" cars and trucks that can operate on either gasoline or ethanol. But the federal government lacks the stations to fuel these vehicles with ethanol. The Save Energy Now Act would mandate the addition of E-85 stations at all federally owned fueling facilities and provide the funding to build them.
This legislation will help reduce gas prices by reducing the consumption of gasoline and diversify our energy sources. Reducing how much gasoline is consumed, means more gas in the market, which means lower prices.
The American Hybrid Tax Credit Act of 2005
Encouraging Americans to buy American-made hybrids in order to promote fuel efficiency, energy independence and cleaner air is a priority for me. That is why I introduced the American Hybrid Tax Credit Act of 2005, H.R. 4458, which would:
Increase the tax credit for individuals and small businesses purchasing hybrid or other alternative motor vehicles by $3,000
Increase the tax credit available to manufacturers for using new lean burn technology by $3,000
Increase the tax credit for domestic research and development related to alternative motor vehicle technology from 20% to 40%. This credit would be refundable to small businesses
Text of Legislation - H.R. 4458
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The New Apollo Energy Act of 2005
I am an original co-sponsor of H.R. 2828, the New Apollo Energy Act of 2005. Introduced by Congressman Jay Inslee, the New Apollo Energy Act bill will make sure that the United States leads the world in developing and manufacturing next generation energy technologies. The New Apollo Energy Act of 2005 would:
Provide $49 billion in government loan guarantees for the construction of clean-energy generation facilities
Provide $11.5 billion in tax credits for the automotive and aerospace industries to develop new fuel efficient automobiles and planes, retool existing plants, and construct new plants to manufacture energy efficient vehicles
Combat Global Warming through caps on greenhouse gas emissions and $7 billion in loan guarantees for the development of clean coal power plants
Text of Legislation - H.R. 2828
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The Windfall Profits and Consumer Assistance Act of 2005
Congressman Ed Markey and I recently announced the Windfall Profits and Consumer Assistance Act of 2005, HR 4263. This legislation would:
Impose a 50% windfall profits tax on oil companies for oil sold at prices above $40 per barrel
Return half of the revenue generated through the windfall profits tax to consumers through an income tax rebate
Use the other half of the generated revenue to boost the funding of the Low Income Heating Assistance Program (LIHEAP)
Text of Legislation - H.R. 4263
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Related Statements
Press Releases
7/28/2006 - Emanuel: “Time to Get Big Oil off Taxpayer Dole”
4/24/2006 - Emanuel Proposes Investigation into Congressional Collusion with Big Oil
4/23/2006 - Emanuel Marks Earth Day, Calls for Better Vehicles, Higher Efficiency, New Energy Sources
4/19/2006 - Emanuel Calls for Better Vehicles, Higher Efficiency, New Energy Sources; Calls for Energy Policy that Supports “Hybrids Not Hummers”
12/5/2005 - Emanuel Introduces Tax Credit for Hybrid Vehicles
11/9/2005 - Emanuel, Durbin, Obama Announce Funding for World's First Ethanol-to-Hydrogen Fueling Station; Energy and Water Appropriations Bill Contains $2 million for Project
Speeches and Statements
10/28/2005 - Emanuel Condemns Congressional Corporate Welfare for Oil; Criticizes Congress for $16.5 billion Subsidy and Cutting Heating Assistance
6/29/2005 - Energy Bill Business as Usual
Lobbying and Ethics Reform
ON THIS PAGE:
Special Interest Lobbying and Ethics Accountability Act | The Honest Leadership and Open Government Act | The Stealth Lobbyist Disclosure Act of 2005 | H.Res.131 | Related Statements
Like you, I am concerned about the integrity of our government. Recent scandals have created an ethical cloud over Congress and the Executive Branch while focusing attention on the relationships between lobbyists and lawmakers. This page contains information about my work to ensure that Congress continues to be the People’s House, not the Auction House, and my efforts to enact new measures to clean up both ends of Pennsylvania Avenue.
The Special Interest Lobbying and Ethics Accountability Act
On May 17, 2005, Congressman Marty Meehan of Massachusetts and I introduced H.R. 2412, the Special Interest Lobbying and Ethics Accountability Act of 2005. This legislation would:
Enhance Lobbying Disclosure
Slow the Revolving Door Between Government and Lobbying
Curb Excesses in Privately Funded Travel
Toughen Enforcement and Oversight
Text of Legislation - H.R. 2412
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The Honest Leadership and Open Government Act
On February 1, 2006, Minority Leader Nancy Pelosi introduced H.R. 4682, the Honest Leadership and Open Government Act of 2006. I am proud to be an original co-sponsor of this legislation, which would:
Toughen Public Disclosure of Lobbying Activities
Establish a New Office of Public Integrity
Promote Open Government
Limit Gifts and Travel
And much more
Please click here for more details on the Honest Leadership and Open Government Act
Text of Legislation - H.R. 4682
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The Stealth Lobbyist Disclosure Act of 2005
On May 25, 2005, I signed on as a co-sponsor to H.R. 1302, the Stealth Lobbyist Disclosure Act, a bill to require greater disclosure of lobbying activities by certain coalitions and associations.
Text of Legislation - H.R. 1302
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H.Res.131
On March 14, 2005, I signed on as a co-sponsor to H.Res.131, a resolution amending the Rules of the House of Representatives with respect to the Committee on Standards of Official Conduct, commonly known as the Ethics Committee. H.Res.131 would strengthen the Ethics Committee’s ability to investigate possible instances of wrongdoing.
Text of Legislation - H.R. 131
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Related Statements
Press Releases
9/19/2006 - Emanuel, Meehan Urge Boehner to Bring Ethics and Lobbying Reform to Floor
9/12/2006 - Emanuel, Van Hollen Announce Real Earmark Reform
5/3/2006 - Emanuel, Meehan Issue Second Call on Hastert, Boehner for Immediate Reform of House Ethics Rules
4/28/2006 - Emanuel, Meehan Call on Hastert, Boehner for Immediate Reform of House Ethics Rules
1/5/2006 - Reps. Meehan and Emanuel and Sen. Feingold: The Time is Now for Real Lobbying and Ethics Reform
11/26/2005 - Feingold, Emanuel Call for Immediate Lobby Reform Legislation
Speeches and Statements
3/3/2006 - Emanuel, Meehan Call Senate Vote “Toothless Reform”
1/8/2006 - Statement by Congressman Emanuel on Lobbying and Ethics Reform in the House
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I am committed to securing affordable prescription drugs for America’s seniors. Whether it’s leading the fight for the reimportation of prescription drugs from Canada and other safe countries with the Pharmaceutical Market Access Act (H.R. 328), pushing for direct price negotiations between Medicare and drug companies (H.R. 752), or helping Seniors navigate the complexity of the new Medicare Part D prescription drug plan (HR 3861), I will continue to work to make sure that seniors don’t have to choose between groceries and their prescriptions.
Additional Information:
Recent Press
Charts
Recent Prescription Drug Press
7/11/2006 - Emanuel Applauds Senate Importation Victory
5/15/2006 - Emanuel, Schakowsky, Lipinski, Davis, Durbin Mark Medicare Rx Deadline for Millions of Seniors Call on Congress to Pass Medicare Prescription Drugs Savings and Choice Act
4/14/2006 - Emanuel: “Enrollment Extension Missed Opportunity”
4/11/2006 - Congress Calls on Leavitt to Pay States Back
2/27/2006 - Emanuel, Schakowsky Hold Press Conference on Lack of Savings in Medicare Drug Benefit for Taxpayers and Seniors
2/20/2006 - Emanuel Criticizes "Medicare Complexity Tax"
11/15/2005 - Emanuel Calls for New Prescription: Put Seniors Ahead of Rx Companies
11/10/2005 - Legislation Protecting Prescription Drug Imports Passes House; Blocking prescription drug importation through U.S. trade agreements will no longer be possible
7/27/2005 - Emanuel Calls Congress Gift That Keeps On Giving
7/21/2005 - Gutknecht, Emanuel applaud Senate action to allow for Rx importation
7/21/2005 - Three Questions for Secretary Leavitt
5/26/2005 - Members Call on Speaker to Take Vote on Rx Importation Bill
4/12/2005 - Emanuel, Gutknecht Call Cost Increase Urgent Reminder of Need for Rx Market Access Legislation
1/26/2005 - Senators, Representatives Unveil Rx Market Access Bill
1/12/2005 - Emanuel Questions Administration Policy on Canadian Cattle, Drug Imports
12/21/2004 - Bipartisan Drug Import Coalition Expresses Disappointment at Outcome of HHS Task Force Report
12/7/2004 - Congressmen Emanuel, Gutknecht Commend HHS Action on Importation of Flu Vaccine from Canada and Germany
12/7/2004 - Members Question Motives for Delay of Task Force Report on Drug Importation
9/30/2004 - House Members ask Pfizer CEO, Board Members to Stop Intimidation of Dr. Peter Rost
9/13/2004 - National Breast Cancer Coalition, Members of Congress Urge Senate Action on Rx Market Access
8/26/2004 - Emanuel: Importation would Reduce Costs of Treating Major Diseases, Decrease Overall Health Care Costs
8/26/2004 - Gov. Blagojevich and U.S. Rep. Emanuel call on Pfizer to halt plans to deny Illinois residents access to affordable medications
8/17/2004 - Congressman Emanuel and Governor Blagojevich Announce Plan to Make Illinois First State in the Nation to Provide Consumers with Access to Prescription Drugs from Canada, Ireland and the UK
7/23/2004 - Rx Drug Importation House Coalition Marks One-Year Anniversary of Passage of Rx Drug Market Access Bill
5/26/2004 - Emanuel, DeLauro Statement: Drug Price Inflation Negates Discount Card Savings
5/21/2004 - House Members Urge Senate Colleagues to Move Quickly on Pending Rx Drug Importation Legislation
5/6/2004 - Emanuel Statement: Applaud CVS, Walgreens for Support of Prescription Drug Importation
5/4/2004 - Emanuel Statement: Applauds HHS Secretary Thompson Calling Prescription Drug Imports 'Inevitable'
4/29/2004 - Emanuel: “The ‘discount’ in the Medicare drug discount cards won’t mean much without passing importation legislation to make all drugs more affordable in this country”
4/20/2004 - Emanuel Statement: Governor Blagojevich Looks to Europe As Possible Source of Prescription Drug Importation
4/15/2004 - Members Comment on Study Showing Importation Will Help Americans Afford Rx Drugs, May Actually Increase Drug Company Profits
4/14/2004 - Emanuel Launches Canadian Prescription Drug Cost Comparison Website
2/24/2004 - Emanuel Testimony: Governor’s Summit—Prescription Drug Importation
1/9/2004 - Lawmakers Request GAO Study Comparing Medicare Rx Drug Prices, VA Prices
12/22/2003 - Blagojevich and Emanuel ask HHS Secretary Thompson to let Illinois import approved Canadian prescription drugs
12/16/2003 - Emanuel to FDA: Medical Privacy is Law! Don't Pressure Credit Card Companies for Consumers' Rx Drug Info
10/27/2003 - Governor Blagojevich Releases Much-anticipated Report On Feasibility And Savings Of Prescription Drug Importation
8/25/2003 - Gutknecht, Emanuel renew call for affordable Rx drugs for all Americans during second of nationwide town hall meetings
8/7/2003 - Congressmen Rahm Emanuel (D-IL) and Gil Gutknecht (R-MN), AARP Director Call for Affordable Rx Drugs for All Americans at North Park Village Town Hall Meeting
7/24/2003 - Emanuel, Bipartisan Coalition Unveil Rx Drug Competition, Free Market and Cost Savings Amendment to Medicare Bill
7/14/2003 - Emanuel, Chicago Seniors Respond to False Ads Runningin Chicago Media about Importation of Rx Drugs Emanuel’s Importation Bill Solves Problems of Escalating Drug Costs, Inability of Seniors to Afford Prescriptions
6/20/2003 - Emanuel Seeks to Reduce Prescription Drug Costs through Market Reforms, Co-Sponsors Bills to Foster Competition and Lower Prices
6/20/2003 - Emanuel to Unveil Rx Drug Competition, Free Market and Cost Savings Amendment to Medicare Bill Next Week
Charts
• Drug Costs Soar
• Safe Medicines … at Affordable Prices … in Every Community
• Taxpayers Fund Pharmaceutical Research, But Don't Reap Benefits
• Comparison of U.S., European and Canadian Drug Prices
• Drug Comparison Germany
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The 401(k) Automatic Enrollment Act of 2005
Background
Americans are not saving enough for retirement. In fact, the national savings rate is at its lowest level since the 1930s, declining from 9.4 percent in 1970 to just 1 percent in 2004. In response to these weak savings rates, we need to create new, simpler incentives for middle-class Americans to save.
Fewer than 40 percent of U.S. workers have calculated how much they will need to retire, 30 percent have not saved anything for retirement, and only 20 percent feel very confident about having enough money to live comfortably in retirement.
But there is some good news: Employers instituting programs to automatically enroll new employees in the company’s 401(k) plan have seen striking results. In fact, automatic enrollment – where employees are automatically opted in to the plan unless they act to opt out -- is the single most effective tool in achieving higher 401(k) participation rates.
Automatic enrollment has been particularly successful at increasing participation among those who most need the additional savings. Under auto enrollment, participation among those earning less than $20,000 a year has jumped from 13 percent to 80 percent.
Merely changing the position of the “on-off switch” – changing the “default” from non-enrollment to enrollment in the plan -- dramatically increased the rate of participation.
Yet, as of 2003, automatic enrollment had been adopted only by an estimated 8 percent of 401(k) plans, including about 1 percent of plans with fewer than 50 employees and 24 percent with 5,000 or more employees.
Automatic enrollment has appeal to both employers and employees: it gives employees a savings push while helping employers meet tax code non-discrimination tests. Although it has been sanctioned by the IRS since 1998, uncertainty as to design parameters has caused some employers to hesitate. New IRS guidance and this legislation should address any remaining concerns.
Legislative Provisions
This legislation will promote and facilitate wider adoption of automatic enrollment by:
Clarifying and codifying IRS rulings permitting auto enrollment, including advance notice to employees and the ability to “escalate” or increase the automatic enrollment percentage over time or when employees get pay raises;
Confirming that automatic enrollment is not restricted by state laws that bar employers from deducting amounts from employees’ paychecks without an employee signature;
Giving employers a measure of protection to ease their concerns about fiduciary liability for investment losses if the plan’s automatic (default) investments consist of life cycle or other diversified balanced funds (e.g., stocks and bonds, including index funds), stable value funds, or professionally managed accounts;
Giving automatic enrollment plans a comparative advantage in meeting 401(k) nondiscrimination standards;
the bill requires the use of autoenrollment if an employer wants to avoid those standards by merely offering an employer matching “safe harbor” contribution without assurance that employees will contribute and actually get the employer match.
Allowing plans the flexibility to “unwind” autoenrollment by paying out an employee’s account balance without distribution restrictions or penalties if the employee changes his or her mind and opts out retroactively shortly after beginning autoenrollment.
Press Releases and Floor Statements
8/22/2005 - Emanuel Commends Chao on 401(k) Efforts
4/6/2005 - Emanuel Introduces Third Proposal in Savings Revolution
4/1/2005 - Emanuel Announces Plan to Make Saving for Retirement Easier
3/15/2005 - Emanuel Makes Saving for Retirement Easier with “Retirement Savings for Working Americans Act of 2005”
3/3/2005 - Emanuel Makes Saving for Retirement Easier with the “Direct Deposit Savings Act of 2005”
Speeches
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Consolidating College Loans Before July 1 Could Save Students and Families Thousands of Dollars When Paying for College
WASHINGTON, D.C.—On July 1, 2006, the interest rates on outstanding federal student loans are expected to rise to just over 7 percent—the highest rate in six years—and the rate on outstanding federal parent loans are expected to rise to about 7.8 percent. Student borrowers who consolidate before July 1st may be eligible to lock in a rate as low as 4.75 percent over the life of their loan(s)—which would save the typical undergraduate borrower almost $3,500 over the life of his or her loan. But students and parents must act quickly to ensure that they can lock in these lower rates.
What is loan consolidation?
Students and parents who have taken out at least one loan through the federal government's Federal Family Education Loan (FFEL), Direct Loan or Perkins Loan programs may be eligible to lock in a low fixed rate over the life of their loan(s), but only if they consolidate by June 30, 2006.
Why should student and parent borrowers consider consolidating before July 1, 2006?
On July 1st the interest rates on outstanding federal student loans are expected to rise to just over 7 percent—the highest rate in six years—and the rate on outstanding federal parent loans are expected to rise to about 7.8 percent. Student borrowers who consolidate before July 1st may be eligible to lock in a rate as low as 4.75 percent over the life of their loan(s)—which would save the typical undergraduate borrower almost $3,500 over the life of his or her loan. Parent borrowers who consolidate before July 1st may be eligible to lock in a rate as low as 6.1 percent over the life of their loan(s).
Consolidation may also deliver other benefits to borrowers such as eliminating the need for dealing with multiple lenders or allowing borrowers to enroll in payment plans based on a percentage of their income. Borrowers who make a set number of on-time repayments or who make payments through automatic banking can obtain additional interest rate reductions.
How can I consolidate my loans?
If you have a Direct Loan through the Department of Education you can call 1-800-557-7392 or apply on-line at
http://www.loanconsolidation.ed.gov. If you have a loan through the FFEL program (a bank-based loan) you can contact one of the companies that own or service your student or parent loan(s).
If you have loans with more than one lender you can chose to consolidate through the Department of Education or with any lender that provides federal consolidation loans.
When is the deadline to consolidate and lock in a low fixed rate?
The deadline is June 30, but you should apply before then to beat the rush of applications.
Can student borrowers consolidate their loans while they are still in-school?
Before July 1st, you may be eligible to consolidate your loans while you're still in school. Consolidating while you're still in school will let you lock in the grace-period rate of 4.75 percent (borrowers who consolidate their loans, before July 1st, and while in repayment will lock in an interest rate of 5.375 percent). Be sure to let your consolidation lender know that you are enrolled at least half-time in college so that you will not be required to begin repayment until you leave school or fall below half-time enrollment.
Can borrowers reconsolidate their loans?
If you have already consolidated your loans, you cannot consolidate again.
Can borrowers consolidate Perkins loans?
Students who’ve borrowed Perkins loans, which carry a fixed interest rate of 5 percent and offer loan forgiveness to graduates working in certain fields such as teaching or social work, should carefully consider whether or not consolidation is right for them. If Perkins loan borrowers consolidate their loans, they lose their loan forgiveness benefits.
For more information borrowers should contact the Department of Education at 1-800-557-7392 or
http://www.loanconsolidation.ed.gov .
How are Democrats working to make college more affordable?
Earlier this year, the Republican-led Congress cut $12 billion out of the federal student aid programs in order to help finance tax breaks for the wealthiest Americans. As a result of this Republican Raid on Student Aid, college is even further out of reach for millions of American students and their families.
In contrast, Democrats continue to work to make college more affordable. House Democrats introduced legislation, the Reverse the Raid on Student Aid Act (H.R. 5150), that would cut interest rates in half from 6.8 percent to 3.4 percent, for students with subsidized loans - which go to students with the most financial need - and from 8.5 percent to 4.25 percent for parent borrowers, starting in July 2006.*
Under H.R. 5150, the typical undergraduate student borrower with $17,500 in student loan debt would save $5,600 over the life of his or her federal college loans.
* Beginning on July 1, 2006 all NEW student and parent loans will be set at fixed rates of 6.8 percent for undergraduate students and 8.5 percent for parent borrowers.
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Tax Reform
ON THIS PAGE:
Fair, Flat Tax Act | Related Statements
When I talk to people on the "El" or at local grocery stores during my Congress On Your Corner office hours, they often share their frustration with the tax system. They believe the tax system is too complex and unfair, and they're right. The tax code has become so complicated and inefficient that it has created a culture of cheating and rampant tax avoidance. In 2001, $345 billion in taxes went unpaid. As a result, middle class taxpayers are left to pick up the slack for those who don't pay their fair share.
We need a comprehensive fix to the problems facing our tax code. Senator Ron Wyden of Oregon and I have proposed the Fair, Flat Tax Act in order to make sure that the tax code works for everyone. This page contains information on some of the initiatives I've been working on to help simplify the tax code.
Additionally, for information on the free tax return and FAFSA clinics my office has been hosting, please click here or on the thermometer at right.
Fair, Flat Tax Act
Along with Senator Ron Wyden of Oregon, I have proposed the Fair, Flat Tax Act to simplify the tax code and provide meaningful tax relief to middle class families. Specifically, my proposal:
Condenses the 1040 form to one simple page.
Replaces six tax brackets with three rates of 15%, 25% and 35%.
Closes the gap between the high tax rate for wages and salaries and the low tax rate for capital gains and dividends.
" Provides higher standard deductions for every taxpayer, including tripling the standard deduction for single filers from $5,000 to $15,000 and raising it from $10,000 to $30,000 for married couples
Eliminates the Alternative Minimum Tax for everyone.
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The Fair, Flat Tax Act would eliminate tens of billions of dollars each year in special breaks for corporations, and direct the Treasury Secretary to identify and report to Congress an additional $10 billion in savings from tax expenditures that subsidize inefficiencies in the health care system. Eliminating these breaks will allow the code to sustain current benefits for our men and women in uniform, our veterans and the elderly and disabled - as well as tax incentives that promote savings and help families pay for health care.
Additionally, the Fair, Flat Tax Act is fiscally responsible. According to the non-partisan Congressional Research Service (CRS), this legislation will achieve an estimated $100 billion in deficit reduction over five years compared to current law.
As I mentioned above, I believe that the tax code should work for the families that work hard for their income. To that end, the Fair, Flat Tax Act will:
Replace the five existing education tax incentives with one simple credit of $3,000 for students for four years of college and two years of graduate school.
Collapse the Earned Income Tax Credit, the Child Credit, and the Dependent Care Credit into one easy-to-use credit for working families with children-while providing more benefits to more families than all of them combined. This credit alone would reduce 200 pages of code to one 12 question form.
Allow all homeowners to take advantage of the home mortgage deduction, not just those who itemize their returns. It encourages homeownership and eliminates the benefits for the wealthy when they itemize their returns.
Create a Universal Pension to replace the "alphabet soup" of 16 existing IRA-type accounts with a single portable retirement account for all workers.
I hear from Chicagoans about how frustrating filing taxes can be. I believe that the implementation of these ideas will help reduce some of the confusion and make the process a little easier.
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Related Statements
Press Releases
10/2/2006 - Emanuel: “Republicans Raise Taxes on Middle-Class”
5/18/2006 - Emanuel, Clyburn: “Mr. Speaker, Middle Class Families Should Not Be Dismissed”
3/29/2006 - ***Event Advisory – Saturday –April 1st, 10:30a.m.*** Emanuel to Highlight $200,972.00 in Refunds Returned to 186 Constituents at Free Tax Assistance Sessions
1/28/2006 - Emanuel Kicks Off Tax Season; Offers Tax and FAFSA Assistance for 5th District
12/15/2005 - Wyden, Emanuel Join Forces for Middle Class Tax Relief and "Simpler, Flatter, Fairer" Tax Plan
10/18/2005 - Hoyer, Emanuel Concerned that Tax Reform Panel May Embrace Bait and Switch Proposals
Speeches and Statements
5/10/2006 - Emanuel Calls on Congress to Make Working Americans Priority One
7/28/2005 - Emanuel Calls for Middle Class Tax Fairness
6/8/2005 - Emanuel Calls for Tax Reform that Reflects Middle Class Values
12/22/2003 - Emanuel Statement: GAO Report Confirms Proliferation of Abusive Tax Shelter Schemes
10/23/2003 - Statement: To Senate Committee on Finance, "Restore Fairness and Accountability to the Tax System"
10/21/2003 - Statement: Emanuel Introduces House Companion on Tax Shelter Bill
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Chicago World War II Veterans Oral History Anthology
Project Description
World War II veterans are living repositories of an important segment of American history, and this project will document their memories, stories and experiences. The Chicago World War II Veterans Oral History Anthology will equip members of our youngest generation with audio recorders, notepads and cameras to record the wartime stories of the “greatest generation” and their families. Based on those recordings, a video will be developed that encapsulates these stories. Once the video has been produced, Congressman Emanuel will convene a series of events at area schools where the video is shown and veterans provide comments and answer students’ questions. Congressman Emanuel will also submit a copy of the video and other documentation to the Library of Congress American Folklife Center, where the anthology will become a permanent part of the Library’s Veterans History project. Area schools will also receive a copy of the video.
Project Partners
Congressman Emanuel’s office will forge a partnership to develop and implement the project.
These partners will include:
Local schools and universities, including: Chicago Public Schools, DePaul University, Northeastern Illinois University, Wright College;
Veterans’ organizations, including: Veterans of Foreign Wars, AMVETS, the American Legion, Disabled American Veterans, Military Order of the Purple Heart of the USA, Jewish War Veterans of the USA
Project Milestones and Timeline
This spring, Chicago high schools, colleges and universities will begin recruiting student interviewers, and veterans’ organizations will begin identifying veterans who want to participate. Students will begin interviewing Chicago’s veterans by Memorial Day, continuing throughout the summer. Video screenings will begin in Chicago area schools, culminating in a Veterans Day celebration. The videos and other artifacts from the Chicago World War II Veterans Oral History Anthology will be submitted to the Library of Congress American Folklife Center, becoming a permanent piece of the Library’s Veterans’ Oral History project.
Press Releases and Floor Statements
11/11/2003 - Honoring Our Veterans
6/16/2006 - Emanuel Applauds House Admin on Honoring Fallen
5/22/2006 - Emanuel to Commemorate Memorial Day Weekend with WWII Vets; Will Announce the Safe Return Act of 2006
11/10/2005 - Emanuel, Lautenberg Honor Fallen Troops; Resolution to Recognize Fallen from Iraq and Afghanistan
11/2/2005 - Emanuel Announces Wounded Heroes Gift Fairness Act
10/14/2005 - American Legion Endorses Welcome Home GI Bill; Medals Awarded to World War II Vets
6/27/2005 - Congress Continues to Honor America's Fallen
6/23/2005 - Congress Honors America's Fallen
5/30/2005 - Emanuel Awards Bronze Medal to Battle of the Bulge Veteran
5/21/2005 - Business School at University of Illinois Creates $250,000 Scholarship for Vets
4/28/2005 - Emanuel Picks Up Nineteen Cosponsors for GI Bill
4/25/2005 - Emanuel Receives Durbin Endorsement of Welcome Home GI Bill
4/17/2005 - Emanuel Receives VFW Praise for Welcome Home GI Bill
11/10/2004 - Emanuel Brings Chicago World War II Veterans’ Stories to Chicago Students; Presents Medals to Widow of WWII Veteran
5/25/2004 - Emanuel, Students Begin Interviewing WWII Veterans
3/28/2004 - Emanuel Announces Chicago WWII Veterans Oral History Anthology, Joined by World War II Vets, Chicago Public Schools, University Reps
11/25/2003 - Emanuel Votes for Expansion of Chicago VA Center
Speeches
6/21/2006 - Congress Continues to Honor America’s Fallen
6/15/2006 - Emanuel Praises 9-11 Widows' Courage
3/3/2005 - Emanuel Delivers Remarks on Welcome Home G.I. Bill
10/8/2003 - Statement: Paying Back our Veterans
9/24/2003 - Statement: Emanuel in Support of Improving Compensation for the Men and Women of the United States Armed Forces
http://www.house.gov/emanuel/index.shtml