I favor the extension of the middle-class tax cuts because in a recession they're stimulative and they help with demand.
Peter WelchHomes and buildings, many of which are old and drafty, eat up 40 percent of the energy America uses. Such inefficiencies perpetuate our reliance on foreign oil, imperiling our national security and increasing our contribution to climate change.
Peter WelchI represent a rural state and live in a small town. Small merchants make up the majority of Vermont's small businesses and thread our state together. It is the mom-and-pop grocers, farm-supply stores, coffee shops, bookstores and barber shops where Vermonters connect, conduct business and check in on one another.
Peter WelchBP has finally acknowledged what the American people have been saying for weeks: It must take responsibility for its reckless conduct, clean up the Gulf and compensate the countless victims of the disaster it caused.
Peter WelchIf you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There's a significant misunderstanding on the debt ceiling. People think it's authorizing new spending. The debt ceiling doesn't authorize new spending; it allows us to pay obligations already incurred.
Peter WelchLast 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 Welch