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Economy and Jobs

Information regarding my stance on Economy and Jobs issues.

May 16, 2011
"While we agree on the need to address the nation’s long-term deficits, shifting the costs of Medicaid expenditures such as nursing facilities and hospice care onto individuals not only creates excessive hardship on families with aging relatives, it does little to alleviate rising health care costs," they continued. "According to the Kaiser Family Foundation, Medicaid spending grew significantly slower (4.6 percent) per capita than private insurance premiums (7.7 percent) over the past decade."

May 9, 2011
"Investments in transportation are key to unlocking this country's economic potential," said Congressman Garamendi. "I commend this decision to direct money to a proven job creator and to require that the equipment is made in this country. If America is going to make it, we have to Make It In America again."

May 4, 2011
"Today House Democrats clearly demonstrated to the American people that our top priorities are jobs, jobs, and jobs. We must bring back America’s manufacturing sector if we’re going to stay competitive in an increasingly competitive global economy," said Congressman Garamendi. "I’m honored that my legislation was included in this Make It In America package. My bill requires all transportation equipment purchased with federal dollars to be made in America. This commonsense approach helps make American companies competitive while creating good middle class jobs right here in America. It just makes sense."

April 27, 2011
"This Transportation Department grant to CalTrans is a gift that will keep on giving,” said Congressman John Garamendi. "Transportation Secretary LaHood and Federal Railroad Administrator Szabo are wisely harnessing grant money, so that we Make It In America and create jobs now. Also, by connecting people and markets, these expanded rail lines will provide a boost to California's economy."

April 15, 2011
"I voted against the 2012 Republican budget, because it does not reflect my values or the priorities of our great country. I for one did not come to Washington to destroy Medicare, an effective, affordable, and popular program that provides the peace of mind of quality health coverage to 47 million seniors and persons with disabilities....

April 14, 2011
"I cannot in good faith support this Continuing Resolution, because it makes unnecessary job-destroying deep cuts to roads and public transit, clean energy, flood prevention, and schools."

April 13, 2011
“Constraining preventative health care is a boon to emergency room vending machine stockers and flower merchants but a tragedy for every American who values public health, productivity, and deficit reduction,” said Congressman Garamendi. “Preventative medicine is cost-effective medicine and saves lives.”

April 11, 2011
"This Republican hearing seeks to reignite the water wars of the past and pit Californians against each other for short-term gain," said Congressman John Garamendi (CA-10). "There is a more constructive way forward for our community. We must focus on responsible science-based water management, with conservation, storage, and recycling playing a prominent role – balancing our water needs and creating jobs across the Golden State."

April 6, 2011
“The House Republican proposal to destroy Medicare is a feeding frenzy for the insurance industry sharks, and every American that has ever hoped to retire with dignity is what’s for dinner. The hundreds of billions of dollars in Medicare Americans previously set aside in preparation for our golden years is now being set aside for insurance industry profits."

March 10, 2011
Congressman Garamendi introduced an amendment to the bill that addresses one of the major underlying causes of the subprime mortgage crisis and the Great Recession: Wall Street's broken bonus compensation system.