Two major policy changes have been announced that could help millions of homeowners. First, Fannie Mae and Freddie Mac recently announced a series of changes to the Home Affordable Refinance Program (HARP) to allow more borrowers refinance their home mortgage. Second, a consent order with federal regulators and banks have resulted in an Independent Foreclosure Review. Home Affordable Refinance Program (HARP) HARP enables borrowers who owe more than their home is worth to take advantage of low interest rates and other refinancing benefits. The program changes would eliminating certain risk-base... Read More »
Congressman Scott has joined with House Democrats to introduce plans to create jobs, including the Make It In America proposals. Manufacturing will be a critical sector in our recovery and the Make It In America plan will help businesses to innovate and make products in the U.S. A documentary on the Make It In America plan was just released. It highlights how the plan will revitalize American industry and innovation, create jobs and grow our economy. To watch the documentary, please visit: http://www.youtube.com/user/RepDavidScott Seven Make It In America bills have been signed into law and Co... Read More »
As you may have seen from public awareness campaigns featuring the color pink, October is Breast Cancer Awareness Month. It is important to understand what breast cancer is and how to check for it. The Centers for Disease Control is a good source of scientific-based information about this cancer and other cancers. http://www.cdc.gov/features/breastcancerawareness/ Congressman Scott has long been a champion in raising breast cancer awareness. Every year, he hosts a health fair during which hundreds of women receive breast exams by a doctor. He also voted in favor of the Patent Protection and Af... Read More »
The American Jobs Act (H.R. 12) will help small businesses innovate, grow and create jobs. In the last few months, the American people have witnessed endless gridlock in Congress. Now is the time to work across party lines to boost the economy for the good of the Country. What should Congress do to improve the economy? Share your comments below. American Jobs Act provisions to help small businesses grow and hire: Cut in half small business payroll taxes (to 3.1%) for the first $5 million in wages Temporarily eliminate employer payroll taxes for small businesses that create jobs or give raises ... Read More »
The loss of a home is a terrible burden on a family. Georgians know all too well that foreclosures have been at record levels. Over the last two years, Congressman Scott's office has fielded thousands of calls from constituents facing foreclosure problems. Each case is unique and none are easy. It may be useful to consider some tips that the staff has compiled based on their experiences with helping constituents with their mortgage cases. Do: Pay your mortgage, even if the bank tells you not to. Work with a HUD-approved counselor. Maintain a correspondence record in writing. Communicate with t... Read More »
September is National Preparedness Month and this year’s theme is “A Time to Remember. A Time to Prepare.” As Hurricane Irene impacts the Eastern US Coast, it is a good time to review storm safety. To prepare for a hurricane, you should take the following measures: •Permanent storm shutters offer the best protection for windows. A second option is to board up windows with 5/8” marine plywood, cut to fit and ready to install. Tape does not prevent windows from breaking. •Install straps or additional clips to securely fasten your roof to the frame structure. This will reduce roof damage. •Be sur... Read More »
Nationwide Jobs Fairs, Seminars, Town Hall Meetings on the Economy This August, thousands of Americans will gather for jobs fairs, town hall meetings, job readiness workshops and seminars around the country as a part of the Congressional Black Caucus’s "For the People" Jobs Initiative. The wide-ranging effort was created to address the national African American unemployment rate of approximately 16.2 percent. Fighting for Jobs Legislation CBC Members have also introduced over 40 job creation bills since the beginning of the 112th Congress, including a resolution (H. Res. 348) to encourage the ... Read More »
Update 8/2/2011 - Congressmen Scott and Westmoreland will host a Congressional hearing in Georgia to review community banks failures. For updates, check back at this link. What: Subcommittee on Financial Institutions and Consumer Credit will hold a field hearing entitled “Potential Mixed Messages: Is Guidance from Washington Being Implemented by Federal Bank Examiners?” When: Tuesday, August 16, 2011, at 9 a.m. Where: Coweta County Performing Arts Center, 1523 Lower Fayetteville Road, Newnan, Georgia 30265. On July 27, Congressman Scott joined with Congressman Lynn Westmoreland on the House fl... Read More »
Congressman David Scott released the following statement on National HIV Testing Day: "Today is an important day for health awareness," Congressman Scott said. "The sad truth is that HIV and AIDS rates have jumped among African Americans. According to the Centers for Disease Control, black Americans face the most severe burden of HIV/AIDS than any other racial group." National HIV Testing Day is an annual campaign coordinated by the National Association of People with AIDS to encourage people of all ages to "Take the Test, Take Control." "It is of the utmost importance that we fight this disea... Read More »
The Export-Import Bank of the United States is the official export credit agency of the United States. The Bank enables U.S. companies, large and small, to turn export opportunities into real sales that help to maintain and create U.S. jobs and contribute to a stronger national economy. On Thursday, Congressman David Scott co-sponsored and voted to pass legislation to promote American jobs through exports. The Securing American Jobs Through Exports Act of 2011 (HR 2072) passed the International Monetary Policy and Trade Subcommittee by voice vote. As a member of the Subcommittee, Congressman S... Read More »
