112th Congress
“I am pleased that the Town of Yountville has received federal funding to help improve water conservation and encourage increasingly responsible water use in our community,” said Rep.
Area Congressman Mike Thompson is furious and he has a perfect right to be. He's been calling for action over the past week by both Congress and the Senate to a short-term extension of FAA funding which expired on July 22.
But the Senate recessed without taking any action. As a result, the government has lost more than $250 million in revenue due to expired ticket taxes and put tens of thousands of jobs at risk during a critical period of our economic recovery.
“I am pleased that House and Senate leadership, working with the White House, have come to a solution that addresses Congress' inaction on the FAA reauthorization,” said Rep. Thompson.
“Small businesses are the backbone of our economy, and Redwood Capital will be providing the capital they need to grow and thrive,” said Rep. Thompson.
U.S. airlines have been resisting the request from the IRS, with the Air Transport Association (ATA) noting the IRS was responsible for
refunds when a similar lapse in tax collections occurred in 1996 and 1997.
“I voted for the compromise legislation to avoid defaulting on our nation's debt. Given that our nation was hours away from defaulting on its obligations, I felt a responsibility to vote yes.”
A legislative solution to an administrative roadblock that threatens one of the most successful energy efficiency programs in Sonoma County history would remove current restraints on the PACE program imposed by housing giants Fannie Mae and Freddie Mac.
PACE, which stands for Property Assessed Clean Energy, is a federal act that gave birth to the Sonoma County Energy independence Program (SCEIP).
“The bottom line is consumers are being taken advantage of by some of the airlines,” said Rep. Thompson.