Last year, Congress passed a law that directs the Federal Reserve to set limits on debit card swipe fees that are reasonable and proportional to the cost of processing those transactions. Like most Americans, I had no idea that swipe fees charged to American businesses are the highest in the world.
Peter WelchHome Star is a common sense idea that would create jobs and provide a boost to local economies, while helping families afford their energy bills. By encouraging homeowners to invest in energy efficiency retrofits, Home Star would create 170,000 manufacturing and construction jobs that could not be outsourced to China.
Peter WelchThere's no conscious plan here; my whole life in politics as a state legislator and in Congress has been about strengthening the middle class.
Peter WelchFor an economic recovery program to be effective, it must not only create a short-term economic boost but also generate lasting value. Home Star would accomplish that by breaking down the key barrier between homeowners and money-saving retrofits: upfront costs.
Peter WelchYou know, I think when you are unemployed, especially for a long time, it's hard to be inspired or hopeful almost about anything. So it's tough, especially when there has been such gridlock here in D.C. You know, when we are fighting and can't get anything done, whether you are liberal or conservative, Democrat or Republican, no one wins.
Peter Welch