Provides $46.5 Million in New Small Business Lending Read more »

New law to reduce waste, increase accountability Read more »

Bipartisan legislation to increase government efficiency and decrease waste is one step closer to becoming law, after H.R. 2142, the Government Performance and Results Modernization Act of 2010 passed the Senate Homeland Security and Governmental Affairs Committee. Read more »

Congressman Henry Cuellar (TX-28) announced that a $30 billion-lending fund to increase lending to small businesses became law yesterday.  The legislation also contains nearly $12 billion in tax cuts for small businesses. The $30 billion in funds, administered by the Treasury Department, will be distributed to neighborhood and community banks who can make new loans to small businesses… Read more »

Today, Congressman Henry Cuellar (TX-28) helped pass emergency legislation to assist millions of Americans and thousands of Texans with financial assistance during these tough economic times. The Unemployment Compensation Act will help 2.5 million American families with unemployment benefits through November 30, 2010 and will retroactively restore benefits to families who have been waiting for the extension since late May. Read more »

Today, Congressman Henry Cuellar (TX-28) supported the Small Business Jobs and Credit Act to establish a new community bank fund worth $30 billion to increase lending to small businesses looking to hire and expand their operations. Read more »

Congressman Henry Cuellar (TX-28) today released the following statement in response to a Commerce Department report released Friday that shows the U.S. economy grew swiftly in the first quarter of 2010, calling it a good sign as the nation continues on a path of economic recovery. According to the report, the nation’s gross domestic product (GDP) grew at a rate of 3.2 percent between January and March. Consumer spending makes up approximately 70 percent of the nation’s GDP. Read more »

Congressman Henry Cuellar (TX-28) today announced that the Internal Revenue Service (IRS) is mailing 4.4 million postcards to the nation’s small businesses to inform them of tax cuts included in health care reform. Postcards will be delivered over the next two weeks to over 292,500 small businesses across Texas. Read more »

Today, performance-based budgeting legislation, authored by Congressman Henry Cuellar (TX-28), was center-stage at a House congressional hearing reviewing the oversight of federal financial management. The legislation calls for the nation’s federal programs to be assessed at least once every five years to ensure that federal taxpayer dollars are spent in an effective way. Read more »

Congressman Henry Cuellar (TX-28) today announced that this tax day, April 15, 2010, millions of American families, businesses and hard-working Texans will see lower taxes and larger refunds thanks to the economic stimulus package passed by Congress in 2009, and the health care reform and jobs bills signed into law this year. Read more »