Press Releases

Speaking at a House Budget Committee hearing, Congresswoman Marcy Kaptur today blamed deregulation of the financial sector for the collapse of the housing market in the United States in 2008 and urged a congressional investigation into the crises at two prominent government-sponsored enterprises, Fannie Mae and Freddie Mac.

Fannie Mae, known formally as the Federal National Mortgage Association, and Freddie Mac, the Federal Home Loan Mortgage Corporation, were placed into conservatorship in 2008 during the global financial crisis.

It's a great moment for those of us who care about making goods in America.

We are celebrating an American success story. As we celebrate Chrysler's repayment of its loans to the government, we also remember that this outcome was not always guaranteed. Two years ago, Chrysler and General Motors were in danger of shutting their doors.

President Obama and his leadership were absolutely critical. So many other people who are running for president totally opposed our efforts to save the American automobile industry.

Congresswoman Marcy Kaptur is urging Speaker John Boehner to allow the House of Representatives to vote on eliminating tax breaks for oil and gas companies.

"Why should the taxpayer subsidize the same oil companies that are charging more than four dollars a gallon for gasoline?" said Congresswoman Kaptur.

America has been waiting almost a decade for this moment. It closes a major chapter in the struggle against those who attacked the United States.

This effort owes so much to the thousands and thousands of soldiers who have died or been wounded since 9/11. We salute the courage and skills of those who carried out this operation.

This is a long struggle and America must continue her vigilance, but I am glad this particular chapter is closed.

Congresswoman Kaptur commended President Roy A. Church, faculty, staff and students at Lorain County Community College for being named one of the nation's top community colleges.

"Lorain County Community College has always enjoyed a sterling reputation in Northern Ohio, as evidenced by increased enrollment, and now the recognition is national," said Congresswoman Kaptur, who represents western Lorain County.

"LCCC is a jobs engine for Lorain County. The advanced technology center, the first in Ohio, puts LCCC at the forefront of efforts to create jobs and build a stronger economy. This is truly a well-deserved honor," Kaptur said.

In our tender economy, where job creation should be our top priority, this flawed legislation moves us backwards. It gives no confidence to the markets that anyone here in the majority knows what they are doing. This bill is partial, it is short term, and it is a selective bill that leaves the vast majority of budget choices off the table. It is irresponsible.

The American people are sick and tired of political antics. This bill is so flawed it leaves out the veterans who come home and can't get work and are lined up with their families at food banks across this country.

Congresswoman Marcy Kaptur today announced a federal award of $79,192 to the Perkins Township Fire Department under the Assistance to Firefighters Grant (AFG) program.

The grant is dedicated to operations and safety at the department.

"This is wonderful news for Perkins Township," said Congresswoman Kaptur. "Our firefighters and first responders put their lives on the line to protect lives and property. This federal assistance is crucial, particularly during these challenging times. I will continue to push for this funding to ensure the safety of the brave men and women who serve the public."

Congresswoman Marcy Kaptur today announced a federal award of $34,200 to the Sylvania Township Fire Department under the Assistance to Firefighters Grant (AFG) program.

The grant is dedicated to operations and safety at the department.

"This is wonderful news for Sylvania Township," said Congresswoman Kaptur. "Our firefighters and first responders put their lives on the line to protect lives and property. This federal assistance is crucial, particularly during these challenging times. I will continue to push for this funding to ensure the safety of the brave men and women who serve the public. They deserve our full support."