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“Help is on the way for homeowners in the 9th District in areas trying to recover from the effects of foreclosure and declining property values,” said Congressman Cohen. “With the assistance of state and local government, this money will be put to work immediately in communities and neighborhoods in Memphis and Shelby County with the greatest need. This housing crisis is affecting every sector of our economy, and this money will go a long way toward helping to stop the bleeding in the most vulnerable neighborhoods.”

This is the deadline for the estimated 4.3 million retirees and disabled veterans who may be eligible to receive a stimulus payment but who normally don’t file a tax return. In Tennessee, the IRS has identified 91,927 recipients of Social Security and Veterans Affairs benefits who appear to qualify for a stimulus payment but still have not filed for one. They must file a tax return by the deadline to get a payment this year.

It’s also the deadline for the approximately 162,000 Tennesseans who earlier this year received extensions to file their 2007 income tax return.

Washington, DC – Congressman Steve Cohen (TN-09) today welcomed Sen. Barack Obama's call to increase the Federal Depositors Insurance Corporation (FDIC) insurance limits from $100,000 to $250,000 and urged his House colleagues to support it.

“It doesn’t make any sense that a charity driver would get only 14 cents back per mile when a delivery driver for a for-profit business gets almost 60 cents back,” Alexander said. “After meeting with MIFA, Congressman Cohen and I have decided to fix this discrepancy. Tennesseans are struggling enough with high gas prices to have to worry about losing money for volunteering for charities. This legislation is a no-brainer, and I hope that Congress will act quickly to pass it.”