Financial Services

CONGRESSMAN HENRY CUELLAR RANKED SECOND-MOST-CENTRIST CONGRESSMAN

| Posted in Press Release

Washington – The National Journal’s 2007 congressional vote ratings place Congressman Henry Cuellar as the second-most-centrist Congressman in the U.S. House of Representatives. Reporters and editors from the non-partisan magazine, including CNN political analyst William Schneider, based ratings on key votes relating to economic, social, or foreign policy issues, gauging their votes from…

CONGRESSMAN HENRY CUELLAR VOTES FOR BUDGET PLAN TO STRENGTHEN ECONOMY, MAKE AMERICA SAFER

| Posted in Press Release

Washington, D.C. – Today, Congressman Cuellar joined a majority in the House of Representatives in support of a new fiscally responsible budget plan that will strengthen the economy and make America safer. The budget for Fiscal Year 2009 was approved by a vote of 212-207. The budget resolution complies with the House pay-as-you-go rule that requires all mandatory spending and revenue…

A Much Needed Boost for the Economy

| Posted in Op-Eds

In a couple of months, many Americans will be relieved to find a much-needed check in their mailboxes compliments of the U.S. federal government.  This rebate comes when most Americans are facing severe financial troubles. Family incomes and home prices are down while health care, energy, food, education costs, and mortgage foreclosures have climbed. The hardworking people of America…

CONGRESSIONAL HISPANIC LEADERSHIP INSTITUTE BRINGS FINANCIAL EDUCATION WORKSHOP TO UNIVERSITY OF TEXAS AT SAN ANTONIO (UTSA)

| Posted in Press Release

San Antonio, TX – The Congressional Hispanic Leadership Institute (CHLI) today held its fifth Freddie Mac’s CreditSmartÒ financial literacy workshop at the University of Texas at San Antonio (UTSA) College of Business Center for Student Professional Development. Over ninety students attended this afternoon’s workshop which aims to provide students with information on how to make wise…

HOUSING AND URBAN DEVELOPMENT (HUD) GRANT TO ASSIST FAMILIES ACHIEVE SELF-SUFFIENCY IN LAREDO

| Posted in Press Release

Rep. Henry Cuellar announced today that the Department of Housing and Urban Development has awarded the City of Laredo a $44,608 grant for the Family Self-Sufficiency (FSS) program. As one of the Housing Choice Voucher programs, the FSS program promotes the development of local strategies that enable families to achieve economic independence and self-sufficiency.   “Helping…

HOUSING AND URBAN DEVELOPMENT GRANTS TO ASSIST HIDALGO COUNTY RESIDENTS ATTAIN ECONOMIC SELF-SUFFICIENCY

| Posted in Press Release

Henry Cuellar announced today that the Department of Housing and Urban Development announced the awarding of five federal grants totaling $230,335 to fund separate programs in the City of Mission, the City of Pharr, and the County of Hidalgo. The Family Self-Sufficiency program and the Resident Opportunities for Self-Sufficiency program, respectively, aim to help families achieve…

Responding to the Subprime Mortgage Crisis

| Posted in Op-Eds

The subprime mortgage crisis is an issue that weighs heavy on the minds of lawmakers, lenders, and the American public. Federal Reserve Chairman, Ben Bernanke, estimates that 2.3 million subprime mortgages will reset at higher rates through the end of next year, and an estimated 1-2 million borrowers will be unable to avoid foreclosure. As the threat of foreclosure is quickly…

CONGRESSMAN HENRY CUELLAR ANNOUNCES $52,750 FOR COLONIA PLANNING IN FRIO COUNTY

| Posted in Press Release

Today, Rep. Henry Cuellar announced that Frio County has been awarded a Colonia-planning grant in the amount of $52,750. These funds were made available from the Community Development Grant Block Program of the U.S. Department of Housing and Urban Development (HUD) and will aid in planning efforts throughout the county. “I am pleased to see local entities taking the necessary steps to…

CONGRESSMAN HENRY CUELLAR ANNOUNCES $40,000 FOR COLONIA PLANNING IN LA SALLE COUNTY

| Posted in Press Release

Today, Rep. Henry Cuellar announced that La Salle County has been awarded a Colonia-planning grant in the amount of $40,000. These funds were made available from the Community Development Grant Block Program of the U.S. Department of Housing and Urban Development (HUD) and will aid in planning efforts throughout the county. “I am pleased to see local entities taking the necessary steps…

CONGRESSMAN CUELLAR VOTES TO PROVIDE TAX RELIEF FOR MIDDLE CLASS FAMILIES

| Posted in Press Release

Today Congressman Cuellar voted to restore tax fairness to millions of American families by voting in favor of the Alternative Minimum Tax (AMT) relief. This legislation protects 23 million middle-class families from being forced to pay the alternative minimum tax.  The bill, H.R. 3996, the Temporary Tax Relief Act of 2007, ensures that no additional taxpayers pay the AMT this…