As gas prices break records nearly every week, Congress is committed to meeting the challenge head-on, with relief for consumers in the short term and a long-term strategy to power our future. Most recently, the House passed measuresto make public transit more affordable and crack down on Wall Street speculators, who experts say are driving up the price of oil. A bill to force oil companies to use the land they have to produce energy or give them up had majority support, but was blocked by House Republicans. In the weeks ahead, Congress will take further action to address rising gas prices.
In the last week of June, the U.S. House passed the Americans with Disabilities Amendments Act, providing a much-needed update to the law after a series of court decisions has weakened its protections for disabled citizens. As a lead sponsor of this bill and the original ADA, which became law in 1990, I believe it is essential to preserve the promise of the law to create a society in which Americans with disabilities can realize their full potential.
Student Loan Rate Cut. On July 1, the interest rate on federal student loans dropped from 6.8 to 6.0 percent. The new rate cut is among many college affordability measures included in the College Cost Reduction and Access Act, which was passed by the Democratic-led Congress and signed into law last year. The drop is the first step towards halving the interest rates, which under the Act will continue to decrease until reaching 3.4 percent in 2011.
As always, thank you for allowing me to share this update with you. If there is anything you wish to share with me or bring to my attention, please do not hesitate to contact my office.
Steny H. Hoyer
Hoyer, U.S. House Take Action to Relieve Consumers from Rising Gas Prices With gas prices averaging around $4.00 per gallon in the State of Maryland, Congressman Steny H. Hoyer joined the U.S. House of Representatives in considering three bills aimed at making America more energy independent and providing relief for consumers struggling with high energy costs.
First Phase of Largest College Aid Expansion in Six Decades Kicks In
On July 1, college students who receive federal loans will see an across-the-board cut in student loan interest rates from 6.8 to 6.0 percent. The new rate cut is among many college affordability measures included in the College Cost Reduction and Access Act, which was passed by the Democratic-led Congress and signed into law last year.
ADA Amendments Act Will Open Doors of Equality for All Congressman Steny H. Hoyer led the effort in the House to pass the Americans with Disabilities Amendments Act, providing a much-needed update to the law after a series of court decisions have weakened the its protections for disabled citizens. Rep. Hoyer was the lead sponsor of the original ADA, which became law in 1990 and is seen as a major civil rights achievement.
House Resolution Recognizes NASA’s 50 Years Hoyer: Goddard Space Flight Center Critical to NASA’s Success
This week, the U.S. House passed a resolution recognizing the upcoming 50-year anniversary of the National Aeronautics and Space Administration (NASA) on July 29, 2008. Congressman Steny H. Hoyer, whose district includes Goddard Space Flight Center in Greenbelt, Maryland, released the following statement: