Where we bring you fresh opinions on Idaho government, observations on life in general, great recipes, and an opportunity to comment on them all!

RSS Feeds, Etc.

Get New Posts Via Email! Enter your e-mail address and hit the 'Subscribe' button. Your address will never be sold or spammed.


Where we bring you fresh opinions on Idaho government, great recipes, and an opportunity to comment on them!.





Conservative News

General Interest

Idaho Falls Links

Idaho Politics

Left-Leaning Idaho

Libertarian Links

Pro-life Organizations

Jerry Sproul, CPA

Please take a moment to visit our sponsors!

Press Release: Sali says Micron Job Losses, Stock Market Plunge Require Immediate Attention by Congress

October 9th, 2008 by Halli

COEUR D’ALENE, Idaho — Congressman Bill Sali today said Congress should return to work right away and pass legislation that will really help the economy and restore confidence in the credit and stock markets.

“Idaho and the rest of our country are in the middle of very rough economic times. The announcement by Micron that it will cut its workforce is evidence of that. The stock market freefall is evidence of that. My staff has already been in touch with Micron officials to discuss what we can do to help the company and its employees to weather the storm.

“Clearly the Micron job losses and today’s continued global stock sell-off are evidence that the $700 billion bailout passed by Congress is not the right medicine to solve our economic problems. What I want is for Congress to reconvene right away and take up legislation that will actually help solve the problem. There are plenty of good ideas that Congress refused to look at before leaving town last week. Those ideas deserve a full consideration as soon as possible. The time for action is now,” said Sali.

Sali is the author and co-sponsor of bills pending in Congress that would provide new solutions to our current economic crisis. Sali introduced HR 7269, which would shield investors who buy troubled assets from paying taxes on those assets. The bill says those assets would have to be purchased before Jan. 1, 2009, encouraging investors buy those mortgages and mortgage-related securities and to hold onto those investments to for at least a year.

If you enjoyed this article, consider subscribing to the full-feed RSS.

Posted in Congressman Bill Sali, Family Matters, Politics in General, Presidential Politics, Taxes | No Comments »

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Copyright © 2oo6 by Powered by Wordpress          
Ported by ThemePorter - template by Design4 | Sponsored by Cheap Web Hosting