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ROSKAM OPPOSES $14 BILLION DETROIT BAILOUT
Dec 10, 2008
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Congressman Peter J. Roskam (R-IL) today released the following statement after the passage of H.R. 7321, the Auto Industry Financing and Restructuring Act:
“Over the past few weeks, I have worked with my colleagues on both sides of the aisle to reach a fiscally responsible solution to ease the b...
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Board to be formed to address crime in Hanover Park
Dec 5, 2008
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by Kimberly Pohl, Daily Herald writer
Two homicides in a five-day period have left a "huge black eye" on Hanover Park, according to Mayor Rod Craig.
"I'm not going to sit around waiting for it to heal," he said.
Instead, he's launching a Crime Prevention Leadership Advisory Board to take a clo...
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Suburban lawmakers debate auto industry bailout
Dec 5, 2008
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By Joseph Ryan, Daily Herald writer
While acknowledging the sweeping ramifications of a domestic auto industry collapse on Illinois' economy, suburban lawmakers questioned executives of the Big Three Friday, some in a skeptical tone.
Five suburban congressional representatives sit on the House ...
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The Other Side of the $1 Salary
Dec 4, 2008
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By Scott Mayerowitz, ABC News Business Unit
The chief executives of the Big Three automakers might give up most of their salary if they get assistance from the federal government.
Ford CEO Alan Mulally, General Motors CEO Rick Wagoner and Chrysler CEO Robert Nardelli all pledged to earn $1 a year ...
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Auto execs lining up for your tax dollars
Dec 2, 2008
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When the chief executives of Chrysler, Ford and General Motors came before the House Financial Services Committee two weeks ago requesting a $25 billion bailout, I asked each of them a simple question; are you willing - in the spirit of Lee Iacocca – to work for a dollar?
Some may remember Iaco...
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GOP Congressmen Kirk & Roskam Hold Economy Brainstorming Session
Nov 24, 2008
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by Mike Robinson, Associated Press
Two Illinois Republican congressmen asked members of the business community Monday for some out-of-the-box thinking on how to help the economy and got an outpouring of ideas ranging from road building to tougher regulation.
"Where can Congress spend dollars tha...
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Two Area Congressman Offer Economic Plan
Nov 24, 2008
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WGN AM
Two Chicago-area Congressmen are putting forward ten laws they say will double the size of the economy. Their ten points include cutting the top income tax rate and the long term capital gains tax rate, while freezing entitlements.
Congressman Peter Roskam says lessons learned from the a...
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ROSKAM, KIRK HOLD ECONOMIC RECOVERY HEARING
Nov 24, 2008
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With the start of the 111th Congress and the first term of President-elect Obama less than two months away, U.S. Representatives Mark Kirk and Peter Roskam held an ad-hoc economic recovery hearing today to discuss actions to address the nation's financial crisis. The representatives heard testimony...
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Taxpayers getting taken during economic catastrophe
Nov 21, 2008
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by Jerry Moore, Liberty Suburban Editor
In the midst of the worst economic crisis since the Great Depression, is it possible we are being fleeced by our own government out of nearly $1 trillion?
In late September, U.S. Treasury Secretary Henry Paulson urged lawmakers to pass a $700 billion bail...
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A sound bite score and a Bean bit
Nov 20, 2008
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by Joe Ryan, Daily Herald
U.S. Rep. Peter Roskam scored big recently with a neat sound bit against auto industry executives who are seeking a massive government bailout.
In congressional hearings, the Wheaton Republican representing the 6th District made the news by asking each wealthy executive...
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