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September 28, 2008

Volume 3 Number 27

Inside this issue:

  • Financial System Rescue Package Stalls in Congress
  • Child Welfare Bill Goes to President
  • Congress Passes Community Health Center Bill
  • Congress Passes Student Health Care Bill
  • Senate Passes Legislation to Assist Low-Income Seniors
  • Economic Stimulus Package Stalls in Congress
  • Congress Extends Funding for Government Agencies

 

 

Financial System Rescue Package Stalls in Congress

This week, Congressional leadership met to discuss proposals to rescue the nation's faltering financial and banking systems. According to Congressional Quarterly, leaders from both parties had reached a tentative agreement earlier this week, but the deal fell apart due to partisan disagreements. Lawmakers and their staff are meeting through the weekend in attempt to work out a resolution on the structure of a financial rescue package. On Friday afternoon, U.S. Senator Christopher Dodd (D-CT), Chairman of the Senate Banking Committee, released a draft proposal for review and discussion during the deliberations this weekend. The draft language is available here.

The major sticking points preventing an agreement include:

  • $700 billion to buy back troubled mortgage instruments versus government insurance for the troubled mortgage assets;
  • Provisions to allow bankruptcy judges to modify mortgages; and
  • Proposed limits on executive compensation for financial institutions participating in the government backed program.

Congressional leaders are hoping to reach an agreement by Monday.

Earlier this week, Catholic Charities USA sent a letter to the Senate Banking Committee and the House Financial Services Committee on Thursday urging them to ensure that the rescue package include an economic recovery package that benefits vulnerable children and families. To take action and send your Members of Congress a message about our priorities for the financial rescue package, please click here.

Catholic Charities USA will continue to monitor developments related to financial rescue legislation.

For more information, please contact Joseph Devine, Policy Analyst, jdevine@catholiccharitiesusa.org.

 

 

Child Welfare Bill Goes to President

On September 22, the U.S. Senate approved the "Fostering Connections to Success and Increasing Adoptions Act "(H.R.6893). The same measure was passed by the House on September 17. It is expected that the President will sign the legislation into law. The bipartisan legislation was widely supported by both the House and Senate. It provides a number of important improvements to the child welfare system including:

  • Supporting children aging out of foster care by providing an extension of federal foster care payment beyond age 18;
  • Extending federal foster care funds to tribal governments;
  • Increasing financial incentives for families who adopt children and providing additional support for adoption of children with special needs;
  • Providing grants to improve access to services for relative caregivers; and
  • Allowing access to federal training funds for private child welfare providers.

Catholic Charities USA applauds the leadership in the Senate and House for their hard work in crafting these important changes to the nation's child welfare system.

For more information, please contact Desmond Brown, Senior Director of Government Affairs, at dbrown@catholiccharitiesusa.org.  

 

 

Congress Passes Community Health Center Bill

This week, Congress passed the "Health Care Safety Net Act of 2008" (H.R. 1343). This bill authorizes $13.1 billion in funding through FY 2012 for community health centers that serve low-income families and the uninsured.

Community health centers play a vital role in providing medical care to the uninsured, serving about 17 million people a year in more than 6,300 sites across the country.

For more information, please contact Kellyann McClain, Policy Analyst, kmcclain@catholiccharitiesusa.org.

 

 

Congress Passes Student Health Care Bill

On September 25, the U.S. Senate approved legislation (H.R. 2851) known as "Michelle's Law" by unanimous consent. This legislation would allow full-time college students over the age of 18 to maintain their parents' health insurance plans for up to one year if they take a certified medical leave of absence from school.

"Michelle's Law" was inspired by a young woman who died from cancer after taking a full load of classes in order to maintain her health insurance while undergoing chemotherapy treatments.

The House previously passed this legislation on July 30. The bill now goes to the President for his signature.

For more information, please contact Kellyann McClain, Policy Analyst, kmcclain@catholiccharitiesusa.org.  

 

 

Senate Passes Legislation to Assist Low-Income Seniors

On September 25, the U.S. Senate passed the "QI Program Supplemental Funding Act of 2008" (S. 3560) by unanimous consent. This legislation, introduced by Senator Max Baucus (D-MT), would authorize $45 million in additional funds to assist "qualifying individuals" in paying Medicare premiums. "Qualifying individuals" are those who fall between 120 to 135 percent of the federal poverty line, have limited assets, and do not qualify for Medicaid.

The QI program was created in 1997 to expand the government assistance for low-income seniors. Over the summer, Congress enacted a Medicare law (PL 110-275) that authorized $400 million for the QI program for the 2008 calendar year. This Senate bill, S. 3560, would increase those funds to $445 million.

Catholic Charities USA will keep you updated on this legislation.

For more information, please contact Kellyann McClain, Policy Analyst, kmcclain@catholiccharitiesusa.org.  

 

 

Economic Stimulus Package Stalls in Congress

On September 26, the U.S. House of Representatives passed a $60 billion economic stimulus package (H.R. 7110) that is intended to infuse money into the nation's economy. The measure includes funds for infrastructure projects, unemployment insurance, Medicaid, and food stamps. The legislation passed 264-158, but a similar proposal was rejected in the Senate.

The House package includes a seven week extension of unemployment insurance benefits nationwide, with an additional 13 weeks for states with high unemployment. The House plan would also provide $36 billion for transportation and highway infrastructure projects, $1 billion for repair and construction projects in public housing, and $1 billion for energy development.

The White House has threatened to veto a stimulus package. It is unclear if Congress will be able to iron out a package that the President will sign before the end of the 110th Congress.

Catholic Charities USA will continue to monitor developments related to economic stimulus legislation. To call on Congress to include elements of economic stimulus package in the financial rescue plan click here.

For more information, please contact Joseph Devine, Policy Analyst, jdevine@catholiccharitiesusa.org.  

 

 

Congress Extends Funding for Government Agencies

This week, Congress passed a continuing resolution to continue funding for most federal programs. The House approved the bill by a 370-58 vote on September 24 and the Senate passed the bill by a 78-12 vote on September 27. A continuing resolution is necessary to continue federal funds when Congress fails to pass annual spending bills.

The package includes $5.1 billion in funding for the Low Income Home Energy Assistance Program (LIHEAP), a $2.5 billion increase from FY2008. Also included in the package is $600 billion in funding for FY2009 funding for military construction and the Department of Defense, Veterans Affairs and Homeland Security; $22.9 billion for disaster relief and $7.5 billion to support a $25 billion loan to the auto industry.

The President is expected to sign the bill.

For more information, please contact Lucreda Cobbs, Senior Director of Advocacy and Civic Engagement, lcobbs@catholiccharitiesusa.org

 

 

***
Washington Weekly is a publication of the Social Policy Department of Catholic Charities USA and is published regularly when Congress is in session.
Catholic Charities USA
Sixty-Six Canal Center Plaza, Suite 600, Alexandria, VA 22314
socialpolicy@catholiccharitiesusa.org
For information about advocacy, please contact Lucreda Cobbs at (703) 236-6243 or lcobbs@catholiccharitiesusa.org

 

 

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