Budget
WASHINGTON, D.C. – Congressman Steve Cohen (D-TN-9) recently voted to reduce the federal deficit by more than $66 billion when he voted on nearly a dozen amendments. The Department of Defense Appropriations Act of 2012 (H.R. 2219) passed the U.S. House of representatives late last week. The $649 billion defense spending bill increases the Pentagon budget by $17 billion and covers the costs of the wars in Iraq and Afghanistan. The Defense Department is the only agency that will see a double-digit increase in its budget.
WASHINGTON, D.C. -- Today, Congressman Steve Cohen (D-TN-9) announced that on July 1st the interest rate on subsidized student loans will be cut to 3.4% -- the last of four steps to cut this interest rate in half over four years, under the 2007 College Cost Reduction and Access Act enacted by a Democratic-led Congress. Due to these cuts, the typical student borrower who started college in 2008 will have saved $2,570 over the life of their loan. Millions of students take out subsidized student loans each year.
WASHINGTON, D.C. – Congressman Steve Cohen (D-TN-9) today announced the U.S. Department of Health and Human Services has awarded the University of Tennessee Health Science Center $370,000 for glaucoma research. The new federal funds will be distributed by the National Eye Institute (NEI).
WASHINGTON, D.C. – Congressman Steve Cohen (D-TN) yesterday introduced legislation to collect unspent federal funds from orphan transportation projects and use them to reduce the federal deficit. The Memphis Congressman spoke on the House floor last week about his initiative.
WASHINGTON, D.C. – Congressman Steve Cohen (TN-9) spoke on the House floor today about how the budget offered by the GOP jeopardizes the health, safety and well-being of millions of Americans -- including our children and seniors -- by drastically cutting programs that protect our air, water and food quality. Click here to see the Congressman’s remarks.
WASHINGTON, D.C. – Congressman Steve Cohen (TN-9) today voted to save our country nearly $5 billion in an effort to help reduce the federal deficit.
WASHINGTON, D.C. – Congressman Steve Cohen (TN-9) today voted to extend the 2001/2003 tax cuts to middle class families and small businesses.
“I was proud to cast a historic vote to permanently extend tax cuts to 97 percent of Americans,” said Congressman Cohen. “In these tough economic times, these tax cuts will provide much needed relief for American families and the small businesses that drive the American economy.”
MEMPHIS, TENN. – Congressman Steve Cohen (TN-9) today hosted a federal appropriations requests workshop for Memphis groups at the Benjamin L. Hooks Central Library. The Congressman, who has a strong record of bringing federal funds back to the 9th Congressional District, hosted the forum to help non-profit and local government agencies recognize and understand the many channels for new federal funding.
WASHINGTON, D.C. – Congressman Steve Cohen (D-TN-9) today voted to support legislation that would protect Americans from mortgage fraud by instituting reforms to the Federal Housing Administration (FHA), expand opportunities for homeownership, and save taxpayers money.
WASHINGTON, D.C. – Congressman Steve Cohen (D-TN-9) successfully added two amendments to the FY11 National Defense Authorization Act (NDAA) before voting to support the measure. NDAA makes record investments in our country’s military, authorizing a $726 billion budget to further strengthen national security and support troops and their families.