senate vote

The Senate rejected a delay on regulations over debit card fees, essentially leaving it to the Federal Reserve to limit the fees that stores pay banks.

(PRESS RELEASE – April 8, 2011) – The Senate’s passage today of legislation fixing the 1099 reporting requirement in the Patient Protection and Affordable Care Act is a huge victory for small business owners worried about the burden this provision would create.

After months of debate, lawmakers should be applauded for their bipartisan efforts to fix this unnecessary provision.

Once the president signs the legislation it will allow entrepreneurs to focus on what they do best—creating jobs and growing our economy.

Three Republicans joined the Democratic majority on Thursday in an action that put Congress on a path to approve a broad expansion of oversight of financial markets.

The U.S. Senate vote unanimously on Wednesday to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bid to breathe life into the struggling U.S. economy.

Unable to stop the tide of foreclosures and job losses, lawmakers are hoping to give voters some breathing room in the recession by banning arbitrary credit card rate hikes and excessive fees.