Citizen Advocate: An Update For Members Of PIRGIM
PIRGIM.ORG HOW YOU CAN HELP MEMBERSHIP

Our Federal Program

An Agenda For The 111th Congress
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In 2009, PIRGIM’s Federal Public Health Advocate Liz Hitchcock—seen here testifying before a Senate Commerce subcommittee—will lead our efforts to persuade Congress to improve safety at chemical facilities.

With new leadership in Washington comes new opportunities. PIRGIM is urging Michigan’s congressional delegation to step up and seize the moment as we push for better and more public transportation, affordable and dependable health care, changes in government regulation of Wall Street, and tough limits on special interest influence in politics.

Funding Public Transportation: The 111th Congress will renew the Transportation Bill, which funds highways, bridges and public transportation every six years. We’re calling for investments that will boost our economy by expanding public transportation and ensuring that taxpayers’ money is spent wisely.

Protecting Our Financial Security: PIRGIM’s Securing Our Financial Future campaign brought together some of the nation’s top economists, consumer watchdogs and taxpayer advocates to fight for greater oversight of and accountability for the bailout funds. Our advocates will prepare and deliver a reform package for the new Congress.

Lowering Health Care Costs: Our health care system costs too much and delivers too little. PIRGIM will be partnering with a coalition of national and state organizations to promote policies that will bring new consumer protections and ensure affordable and dependable health care for all Americans. The effort builds on the victories of several state PIRGs in curbing some of the worst insurance industry abuses and the spiraling cost of care.

Cleaning Up Washington: During his campaign, President Barack Obama pledged to fix the presidential campaign funding system to keep wealthy interests from bankrolling campaigns. We look forward to working with the new administration to reduce special interest influence in campaigns.

Financial Security

Wall Street Bailout: Where Did All The Money Go?

As Congress and President Bush rushed to pass legislation to bail out Wall Street last fall, Ed Mierzwinski, a senior fellow in PIRGIM’s Washington, D.C., office, warned that the law didn’t do enough to hold banks accountable or protect the interests of most Americans.

“The hastily developed law gave unprecedented spending authority to a single individual in the administration, but it lacked basic protections for taxpayers and assistance to homeowners,” said Mierzwinski.

For example, in December, the government invested $20 billion in Citigroup and backed more than $300 billion worth of the company’s loans and securities.

“It’s sweet for Citigroup,” said Mierzwinski, in a story posted on TheHill.com, “[but] I don’t see the taxpayers getting the benefits they need. ”

PIRGIM and other state PIRGs are backing a detailed set of reforms to re-regulate Wall Street, protect taxpayers, and hold the financial industry accountable.

For more details, visit PIRGIM's “Main Street Reform Platform" page.

PIRGIM
Citizen Advocate
Winter 2009
Vol. 26, No. 3



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To Our Members

In 2008, we won several significant victories, none bigger than a landmark consumer protection bill that will mean safer toys and children’s products on America’s store shelves.




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