"While we have a long way to go to rebuild an economy that was nearly destroyed by Bush-era crony capitalism and insatiable Wall Street greed, today’s impressive GDP news is one of the clearest indications yet that our economy is turning around."
"In 1989, I co-authored legislation with then-Assemblymember Jim Costa to launch high speed rail service in California. 20 years later our dream is becoming closer to a reality. The President’s announcement that California will get $2.25 billion is a great first step for a program that I will continue to fight hard for in Congress in the months and years ahead. Not only does this program create well paying jobs today, it will also change the way Californians live and work in the future by putting our state on the cutting edge of transportation technology."
January 27, 2010 Press Release
"When President Obama took office, America had just endured the worst year for job loss since 1945, when many jobs were lost following the wind down of World War II. At that time, we were losing an average of 673,000 jobs per month compared to the last quarter of 2009 when the average job loss was 69,333 per month, an improvement of nearly 90 percent."
January 22, 2010 Press Release
"None of us would be here today at this worksite if it weren’t for the $197.5 million that came from the American Recovery and Reinvestment Act for this project," Congressman Garamendi said. "The Caldecott Tunnel’s fourth bore project will create 5,000 to 6,000 new jobs and ease traffic congestion for Bay Area commuters."
"Large corporations in America already have far too much influence over our public discourse, and there should be no doubt that bottomless corporate accounts can crowd out the free speech of individual Americans. This ruling even permits businesses controlled by foreign governments to spend as much money as they want influencing American elections."
"We are all Californians, and we will always stand in solidarity on behalf of the people of our great state. No matter what our differences, the California delegation must unite to make sure that we are able to bring back to California the federal money and investment our state deserves."
January 15, 2010 Press Release
"The public is sick and tired of robber barons guarding the gates of our economy," said Congressman Garamendi, who as California’s insurance commissioner for eight years, regulated the country’s largest financial sector.
January 15, 2010 Press Release
"As we are all now painfully aware, it was Wall Street greed and a lack of sincere government oversight that drove our entire financial system onto the brink of collapse, forcing Congress to save our banking sector from the excess of its own mismanagement," said Rep. John Garamendi. "It’s time we repaid the American taxpayer. This legislation will provide needed money to the small business owners around this country who are eager to expand and hire new workers."
January 13, 2010 Press Release
"My thoughts and prayers are with the people of Haiti. The people of Haiti need immediate assistance from the international community to help recover from this devastating earthquake. ... Many men and women in uniform from Travis Air Force Base are taking part in this relief effort, and it is truly an honor to represent them in Congress. As always, they are on the front lines of U.S. humanitarian assistance around the globe."
Rep. Garamendi (former California insurance commissioner), Georgetown University expert, former Blue Cross medical director, Ex-industry insider Wendell Potter, and HCAN: House regulations needed to keep insurers from ‘gaming’ the system