Press Releases
The bill provides extended benefits for more than 10 million jobless Americans. Ohio is suffering from an jobless rate of 7.2 percent, with 435,000 Ohioans officially listed as unemployed. The rate in Ohio one year ago was 5.7 percent.
CongresswomanKaptur repeated her support for federal help for the U.S. auto industryfollowing a hearing on Capitol Hill that featured the chief executiveofficers of the Big Three and the president of the United Auto Workers.
“We mustnot allow our local communities to be shut out while big banks—who just happento be getting billions of dollars from the taxpayers—sell these properties inour community,” said Kaptur, a fierce opponent of the Wall Street bailout bill. Kaptur said she objected to “outsideinvestors” bidding on properties while communities are still waiting on fundsto perform mortgage workouts or buy housing stock for rehabilitation ordemolition.
CongresswomanMarcy Kaptur delivered news of a $7.7 million federal investment intransportation and jobs in the historic south end of Toledo. The Congresswoman was joined by officials of TARTA and the Toledo Lucas County Port Authority when she announced the federal funding to construct a new facility for the Toledo Area Regional Paratransit Service (TARPS) at a site across from Dr. Martin Luther King, Jr. Plaza, Toledo’s train station.
“TARPS plays anindispensable role in the life of our community,” said CongresswomanKaptur. “And with the senior citizen population growing, transportationservice is essential for citizens with disabilities to continue leadingindependent lives.”
“This endeavor represents the future of our community, where cuttingedge research, alternative energy, and economic development cometogether,” Kaptur said. “The University of Toledo is already at theforefront of research, and now our whole community can look forward tosupporting the ideas and innovation that result from a vibrant studentbody on an improved campus."
UT has gained a national reputation for its efforts to move patentedtechnologies to commercialization, benefitting local job creation andincome for the university, Kaptur said.
At least 100 students will be assisted through variouseducational, recreational, health and social skills offerings in afterschool activities.
PNC Financial Services Group said it would pay approximately $5.6 billion for the Cleveland-based National City, which operates approximately 20 branches in the Toledo area. The acquisition will make PNC the fifth-largest bank in America as measured by deposits and give PNC the largest deposit share position in the state of Ohio.
Kaptur, however, urged the administration to fully engage the Federal Deposit Insurance Corporation’s net worth certificate program as a critical step to settle the nation’s banking system.
“This beautiful building is a symbol of our commitment to achieving energy independence for the future and building our community forward.”
The Ottawa visitor center received the Energy Department’s award for Sustainable Design of a High Performance Building.