Newsroom

During the rest of the month of July, Congressman Mike Thompson (D-CA) will feature art selected from the recent National Alliance on Mental Illness (NAMI)-Yolo Sunflower Art Competition at his district office in Woodland. The primary goal of the popular annual exhibit, which is sponsored by NAMI's Yolo Chapter, is to educate the community about mental illness and reduce its stigma.

Congressmen Mike Thompson (D-CA) and Kevin Brady (R-TX) today introduced bipartisan legislation that will help protect small businesses and ensure better compliance with complex federal employment tax responsibilities. H.R. 2466, the Small Business Efficiency Act of 2011, would provide clear rules for Professional Employer Organizations (PEOs) that are voluntarily certified by the Internal Revenue Service (IRS) to collect and pay federal employment taxes for their small business clients.

Today, Congressmen Mike Thompson (D-CA) announced that the interest rate on subsidized student loans will be cut to 3.4% on July 1^st - the last of four steps to cut this interest rate in half over four years under the 2007 College Cost Reduction and Access Act. Due to these cuts, the typical student borrower who started college in 2008 will have saved $2,570 over the life of their loan. Under this legislation, the interest rate on subsidized student loans has been cut as follows: