As Independent as Oregon
HOLDING WALL STREET ACCOUNTABLE
Peter DeFazio opposed the Wall Street bailout and is angry that big banks refused to lend to small businesses and average Americans, keeping the money and paying out big bonuses instead. DeFazio opposed financial deregulation that led to the current economic crisis, he fought to make Wall Street pay to clean up its own mess; and he's fighting for consumer protections, reform and accountability for Wall Street so taxpayers don't get stuck with the bill again.
“It’s comforting to know that lawmakers such as DeFazio are looking out for ‘the little guy,’ despite pressure from the highest level of government and CEO’s.” Grants Pass Daily Courier, 10/1/08
REDUCING FEDERAL SPENDING
DeFazio believes we can’t keep passing on a pile of debt to future generations to pay off. It unfairly burdens our children and grandchildren, puts our country further in debt to foreign investors, and poses a threat to our financial stability and national security.
DeFazio has called for a cut in salaries of senior government officials and members of Congress, reduced federal spending, and ending the Bush tax cuts for the rich and corporate loopholes.
STANDING UP TO LEADERSHIP, FIGHTING FOR THE MIDDLE CLASS
Peter DeFazio doesn't care what the leadership of his party says- if a bill is a bad idea for Oregonians, he won't vote for it. He voted against the market-based cap-and-trade energy bill because it would unnecessarily drive up energy costs to benefit Wall Street speculators, cost good paying American jobs, hurt small businesses and raise energy prices at a time when middle class families are already struggling to make ends meet.
NO TO PAY RAISES, YES TO SCHOLARSHIPS
Peter DeFazio is working to rein in federal spending that is driving our country deeper into debt, and he's leading by example. He has voted against and refused to accept Congressional pay raises. Instead, he uses the money to fund scholarships for displaced workers at five Southwestern Oregon community colleges. By the end of this year, he’ll have turned down $320,000 in Congressional pay raises to fund 197 scholarships.