Category Archives: Nancy Pelosi

>HOLT ENCOURAGED BY AGREEMENT ON IMPORTANCE OF SCIENCE INVESTMENT TO ECONOMIC RECOVERY

>FOR IMMEDIATE RELEASE

Washington, D.C. – U.S. Representative Rush Holt (NJ-12) today was encouraged by the House Democratic Steering and Policy Committee’s forum on the components of an economic recovery plan to spur job creation and create long-term growth – a discussion that included an exchange about the importance of investing in science innovation and infrastructure. Holt, a member of the Steering and Policy Committee, has long argued that investment in physical sciences and energy research can lead to sustained economic growth.

“Today’s forum strengthened the case that we can’t view science research and development as something the government can fund only in times of good economic health,” Holt said. “Innovation infrastructure will create jobs in the short term and drive the economy in the long term, and I am confident we will include it in the recovery plan we send to President Obama.”

Last month, Holt hosted a roundtable discussion at Princeton University, along with Speaker Nancy Pelosi, Congressional leaders, and national leaders in the science and technology community to highlight the importance of innovation infrastructure to ensure long-term American competitiveness. Today, two of those participants – Norman Augustine, Former President and CEO, Lockheed Martin and author of the “Rising Above the Gathering Storm”, and Maria Zuber, E. A. Griswold Professor of Geophysics at the Massachusetts Institute of Technology – reiterated the need to include science funding in an economic recovery bill. Speaker Pelosi and Chairman George Miller, also participants at the Princeton roundtable, today voiced support for including science funding.

“We need to bolster existing high-innovation areas, and we will need to create new areas….The United States has led virtually every technology revolution since the mid-1800s, but it is by no means certain that we will lead the energy revolution,” Zuber said.

Contact: Zach Goldberg
202-225-5801 (office)

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Filed under 12th congressional district, economic recovery, M.I.T., Nancy Pelosi, Princton University, Rush Holt, Science Education, Steering and Policy Committee, US. Rep. George Miller

Liberals have a trillion reasons to accept tax cuts in stimulus

By Mike Soraghan – The Hill

The most liberal members of Congress huddled together in early December, and decided they needed to push their fellow Democrats to be bold with the economic stimulus legislation being drafted.

So the Congressional Progressive Caucus fired off a letter to House Speaker Nancy Pelosi (D-Calif.) urging a stimulus of at least $1 trillion.

Now they find themselves in the mainstream, as they see the stimulus climbing toward a figure few expected to reach.
“We were figuring people would be talking about $300 billion to $400 billion,” said one participant. “Who knew we were going to be out-liberaled?”

The sheer size of the stimulus goes a long way toward explaining why there has been little liberal opposition to President-elect Obama’s decision to adopt the conservative Republican mantra of tax-cutting as part of his signature “recovery” legislation.

Rather than being carved out of a finite stimulus plan, the tax cuts have essentially been loaded on top of a package so big it has something for nearly everyone. Public works projects and job creation haven’t been displaced from the massive package, which Obama and Congress are hoping can shake the economy from its downward slump.

Read More >>> Here

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Filed under $1 trillion, Barack Obama, Congress, Congressional Progressive Caucus, Economic Stimulus Package, Liberals, Nancy Pelosi, tax cuts, The Hill

>Liberals have a trillion reasons to accept tax cuts in stimulus

>

By Mike Soraghan – The Hill

The most liberal members of Congress huddled together in early December, and decided they needed to push their fellow Democrats to be bold with the economic stimulus legislation being drafted.

So the Congressional Progressive Caucus fired off a letter to House Speaker Nancy Pelosi (D-Calif.) urging a stimulus of at least $1 trillion.

Now they find themselves in the mainstream, as they see the stimulus climbing toward a figure few expected to reach.
“We were figuring people would be talking about $300 billion to $400 billion,” said one participant. “Who knew we were going to be out-liberaled?”

The sheer size of the stimulus goes a long way toward explaining why there has been little liberal opposition to President-elect Obama’s decision to adopt the conservative Republican mantra of tax-cutting as part of his signature “recovery” legislation.

Rather than being carved out of a finite stimulus plan, the tax cuts have essentially been loaded on top of a package so big it has something for nearly everyone. Public works projects and job creation haven’t been displaced from the massive package, which Obama and Congress are hoping can shake the economy from its downward slump.

Read More >>> Here

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Filed under Barack Obama, Congress, Congressional Progressive Caucus, Economic Stimulus Package, Liberals, Nancy Pelosi, tax cuts, The Hill

HOLT: INVESTING IN RESEARCH AND INNOVATION CAN SUSTAIN LONG TERM ECONOMIC GROWTH

FOR IMMEDIATE RELEASE

Makes Remarks at Roundtable on Innovation and Competitiveness at Princeton

PRINCETON – At a roundtable discussion today with Speaker Nancy Pelosi, other Congressional leaders, and national leaders in the science and technology community, Rep. Rush Holt argued that failure to invest in physical sciences and energy research will continue to impair the nation’s economic health. Holt hosted the roundtable, along with Princeton University President Shirley M. Tilghman, to begin an ongoing dialogue about how to ensure our nation’s leadership in basic research and innovation. Holt argued that innovation and infrastructure are necessary for sustained economic growth.

“We cannot view research and development as a luxury to be invested in only during good economic times. Rather, it is vital to our economic growth and quality of life,” Holt said. “”The federal government needs to be a leading force along with the private sector.””

“A critical step to jump-starting our economy and restoring economic security for the American people is a commitment to innovation that ensures America’s competitiveness in the 21st century global economy,”” Speaker Pelosi said. “”With an Innovation Agenda that invests in our intellectual infrastructure the 111th Congress will work to stimulate the research and development that drives economic growth.””

Said President Tilghman: “”I salute Speaker Pelosi, our own Congressman Rush Holt, and other members of Congress who have understood the importance of expanding our national investment in the kind of long term basic research — in the physical sciences as well as in the life sciences — that historically has fueled American competitiveness, innovation and economic growth. Our roundtable discussions provided compelling evidence that it is imperative to firmly commit to doubling the federal investment in the agencies that support basic research in the physical sciences. If we fail to make this investment, we not only risk falling behind other countries, but we also fail to produce the seed corn that is essential to our long-term prosperity. I believe it is also time to commit to a very substantial increase in the federal investment in energy research. This is the right thing to do and the right time to do it, for reasons that are economic and environmental, and I am confident that this is an investment that would be repaid many times over.””

Today’s roundtable on U.S. competitiveness provided an opportunity for members of Congress to discuss with industry leaders, university presidents, federal government officials, and research scientists the necessary steps for maintaining U.S. scientific leadership.

Other participating members of Congress included Bart Gordon, Chairman, U.S. House Committee on Science and Technology; John Larson, Chairman, U.S. House Democratic Caucus for the 111th Congress; Edward Markey, Chairman, U.S. House Select Committee on Energy Independence and Global Warming; and George Miller, Chairman, U.S. House Committee on Education and Labor. Other participants included Norman Augustine, Former President and CEO, Lockheed Martin; Dr. Craig Barrett, Chairman of the Board, Intel Corporation; Dr. Robert Berdahl, President, Association of American Universities; Dr. Bruce Bursten, President, American Chemical Society; Dr. Francis Collins, Former Director of the National Human Genome Research Institute; Professor Phillip Griffiths, School of Mathematics, The Institute for Advanced Studies; Professor John Holdren, Director of the Program on Science, Technology, and Public Policy, Kennedy School of Government, Harvard University; President Shirley Ann Jackson, Rensselaer Polytechnic Institute; Dr. Peter Kim, President, Merck Research Laboratories; Dr. Thomas Mason, Director, Oak Ridge National Lab; Professor Michael Oppenheimer, Woodrow Wilson School and Department of Geosciences, Princeton University; Professor Jeremiah Ostriker, Director of the Princeton Institute for Computational Science and Engineering (PICSciE); Professor Harold Shapiro, President Emeritus and Professor of Economics and Public Affairs, Princeton University; Dr. Charles Vest, President, National Academy of Engineering and Vice Chair, National Research Council; Professor Maria Zuber, Head of the Department of Earth, Atmospheric and Planetary Sciences, Massachusetts Institute of Technology.

“What we learned today from the discussion with these distinguished leaders will start a conversation that we will take back to Washington,” Holt added. “”This discussion highlighted the importance of our innovation infrastructure to ensure American competitiveness in the long-term. I look forward to working with my colleagues on ways to strengthen that innovation infrastructure in the future.””

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Filed under competitiveness, economic growth, Innovtion, investing, members of Congress, Nancy Pelosi, press release, Research, Rush Holt, Science Education, technology

>HOLT: INVESTING IN RESEARCH AND INNOVATION CAN SUSTAIN LONG TERM ECONOMIC GROWTH

>

FOR IMMEDIATE RELEASE

Makes Remarks at Roundtable on Innovation and Competitiveness at Princeton

PRINCETON – At a roundtable discussion today with Speaker Nancy Pelosi, other Congressional leaders, and national leaders in the science and technology community, Rep. Rush Holt argued that failure to invest in physical sciences and energy research will continue to impair the nation’s economic health. Holt hosted the roundtable, along with Princeton University President Shirley M. Tilghman, to begin an ongoing dialogue about how to ensure our nation’s leadership in basic research and innovation. Holt argued that innovation and infrastructure are necessary for sustained economic growth.

“We cannot view research and development as a luxury to be invested in only during good economic times. Rather, it is vital to our economic growth and quality of life,” Holt said. “”The federal government needs to be a leading force along with the private sector.””

“A critical step to jump-starting our economy and restoring economic security for the American people is a commitment to innovation that ensures America’s competitiveness in the 21st century global economy,”” Speaker Pelosi said. “”With an Innovation Agenda that invests in our intellectual infrastructure the 111th Congress will work to stimulate the research and development that drives economic growth.””

Said President Tilghman: “”I salute Speaker Pelosi, our own Congressman Rush Holt, and other members of Congress who have understood the importance of expanding our national investment in the kind of long term basic research — in the physical sciences as well as in the life sciences — that historically has fueled American competitiveness, innovation and economic growth. Our roundtable discussions provided compelling evidence that it is imperative to firmly commit to doubling the federal investment in the agencies that support basic research in the physical sciences. If we fail to make this investment, we not only risk falling behind other countries, but we also fail to produce the seed corn that is essential to our long-term prosperity. I believe it is also time to commit to a very substantial increase in the federal investment in energy research. This is the right thing to do and the right time to do it, for reasons that are economic and environmental, and I am confident that this is an investment that would be repaid many times over.””

Today’s roundtable on U.S. competitiveness provided an opportunity for members of Congress to discuss with industry leaders, university presidents, federal government officials, and research scientists the necessary steps for maintaining U.S. scientific leadership.

Other participating members of Congress included Bart Gordon, Chairman, U.S. House Committee on Science and Technology; John Larson, Chairman, U.S. House Democratic Caucus for the 111th Congress; Edward Markey, Chairman, U.S. House Select Committee on Energy Independence and Global Warming; and George Miller, Chairman, U.S. House Committee on Education and Labor. Other participants included Norman Augustine, Former President and CEO, Lockheed Martin; Dr. Craig Barrett, Chairman of the Board, Intel Corporation; Dr. Robert Berdahl, President, Association of American Universities; Dr. Bruce Bursten, President, American Chemical Society; Dr. Francis Collins, Former Director of the National Human Genome Research Institute; Professor Phillip Griffiths, School of Mathematics, The Institute for Advanced Studies; Professor John Holdren, Director of the Program on Science, Technology, and Public Policy, Kennedy School of Government, Harvard University; President Shirley Ann Jackson, Rensselaer Polytechnic Institute; Dr. Peter Kim, President, Merck Research Laboratories; Dr. Thomas Mason, Director, Oak Ridge National Lab; Professor Michael Oppenheimer, Woodrow Wilson School and Department of Geosciences, Princeton University; Professor Jeremiah Ostriker, Director of the Princeton Institute for Computational Science and Engineering (PICSciE); Professor Harold Shapiro, President Emeritus and Professor of Economics and Public Affairs, Princeton University; Dr. Charles Vest, President, National Academy of Engineering and Vice Chair, National Research Council; Professor Maria Zuber, Head of the Department of Earth, Atmospheric and Planetary Sciences, Massachusetts Institute of Technology.

“What we learned today from the discussion with these distinguished leaders will start a conversation that we will take back to Washington,” Holt added. “”This discussion highlighted the importance of our innovation infrastructure to ensure American competitiveness in the long-term. I look forward to working with my colleagues on ways to strengthen that innovation infrastructure in the future.””

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Filed under competitiveness, economic growth, Innovtion, investing, members of Congress, Nancy Pelosi, press release, Research, Rush Holt, Science Education, technology

Dems lower expectations

LEADING THE NEWS– The Hill

Democratic leaders are tamping down on expectations for rapid change and trying to signal they will place a calm hand on the nation’s tiller.

“The country must be governed from the middle,” House Speaker Nancy Pelosi (D-Calif.) said Wednesday. Repeating themes from election night, she said she plans to emphasize “civility” and “fiscal responsibility.”

Her comments emphasized that after an election consistently referred to as “historic,” Democrats face the daunting task of dealing with the plunging economy and two wars.

Yet, they face massive expectations for change and deep-seated fears of overreaching. But senior aides say they’ve learned from the mistakes of the past. Nearly every member of the current Democratic leadership in the House served through the 1992 election, when Bill Clinton was elected president. Two years later, the GOP gained control of Congress.

More recently, they’ve watched Republicans go from complete dominance to minority status in the space of two elections.

“The difference is we have the benefit of experience in seeing what happens when you gain control,” said a senior Democratic aide. “I do not envision a scenario where we’d go off on an ideological mission in an undisciplined way.”

There are similar sentiments in the Senate.

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Filed under Bill Clinton, Democrats, economy, Election 2008, Nancy Pelosi, Republicans, The Hill, US House of Representatives, US Senate

>Dems lower expectations

>LEADING THE NEWS– The Hill

Democratic leaders are tamping down on expectations for rapid change and trying to signal they will place a calm hand on the nation’s tiller.

“The country must be governed from the middle,” House Speaker Nancy Pelosi (D-Calif.) said Wednesday. Repeating themes from election night, she said she plans to emphasize “civility” and “fiscal responsibility.”

Her comments emphasized that after an election consistently referred to as “historic,” Democrats face the daunting task of dealing with the plunging economy and two wars.

Yet, they face massive expectations for change and deep-seated fears of overreaching. But senior aides say they’ve learned from the mistakes of the past. Nearly every member of the current Democratic leadership in the House served through the 1992 election, when Bill Clinton was elected president. Two years later, the GOP gained control of Congress.

More recently, they’ve watched Republicans go from complete dominance to minority status in the space of two elections.

“The difference is we have the benefit of experience in seeing what happens when you gain control,” said a senior Democratic aide. “I do not envision a scenario where we’d go off on an ideological mission in an undisciplined way.”

There are similar sentiments in the Senate.

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Filed under Bill Clinton, Democrats, economy, Election 2008, Nancy Pelosi, Republicans, The Hill, US House of Representatives, US Senate

Rep. Frank On GOP: ‘Because Somebody Hurt Their Feelings, They Decide To Punish The Country’

As soon as the bailout proposal failed in the House, Republican lawmakers began blaming House Speaker Nancy Pelosi (D-CA) for its defeat. In a press conference, the GOP leadership faulted Pelosi for giving a “partisan” speech prior to the vote. In the subsequent Democratic press conference, Rep. Barney Frank (D-MA) responded to their absurd charge:

“Here’s the story. There’s a terrible crisis affecting the American economy. We have come together on a bill to alleviate the crisis. And because somebody hurt their feelings, they decide to punish the country. I mean, I would not have imputed that degree of pettiness and hypersensitivity.

We also have — as the leader will tell you, who’s been working with them — don’t believe they had the votes, and I believe they’re covering up the embarrassment of not having the votes. But think about this. Somebody hurt my feelings, so I will punish the country. That’s hardly plausible. And there are 12 Republican members who were ready to stand up for the economic interest of America, but not if anybody insulted them.

I’ll make an offer. Give me those 12 people’s names and I will go talk uncharacteristically nicely to them and tell them what wonderful people they are and maybe they’ll now think about the country.”


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Filed under bailout, Barney Frank, Financial crisis, Middletown Republicans, Nancy Pelosi, Think Progress

>Rep. Frank On GOP: ‘Because Somebody Hurt Their Feelings, They Decide To Punish The Country’

>As soon as the bailout proposal failed in the House, Republican lawmakers began blaming House Speaker Nancy Pelosi (D-CA) for its defeat. In a press conference, the GOP leadership faulted Pelosi for giving a “partisan” speech prior to the vote. In the subsequent Democratic press conference, Rep. Barney Frank (D-MA) responded to their absurd charge:

“Here’s the story. There’s a terrible crisis affecting the American economy. We have come together on a bill to alleviate the crisis. And because somebody hurt their feelings, they decide to punish the country. I mean, I would not have imputed that degree of pettiness and hypersensitivity.

We also have — as the leader will tell you, who’s been working with them — don’t believe they had the votes, and I believe they’re covering up the embarrassment of not having the votes. But think about this. Somebody hurt my feelings, so I will punish the country. That’s hardly plausible. And there are 12 Republican members who were ready to stand up for the economic interest of America, but not if anybody insulted them.

I’ll make an offer. Give me those 12 people’s names and I will go talk uncharacteristically nicely to them and tell them what wonderful people they are and maybe they’ll now think about the country.”


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Filed under bailout, Barney Frank, Financial crisis, Middletown Republicans, Nancy Pelosi, Think Progress

Quote of the Day

“She took over at the last minute. The last hour-and-a-half she really brought things together and made it possible to reach this point.”

— A House staffer, quoted by the Wall Street Journal, on House Speaker Nancy Pelosi’s role in reaching an agreement early this morning on a $700 billion bank rescue package.

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Filed under Nancy Pelosi, political wire, Quote of the day, Wall Street Journal