Restoring the Middle Class PDF Print
Rebuilding the Economy

Spotlight on the Middle Class

Rep. Welch has worked to protect middle class consumers from abusive credit card company practices by sponsoring a Credit Cardholders’ Bill of Rights (H.R. 5244), which first passed the House in September 2009. Welch attempted to strengthen the legislation in April 2009 by proposing an 18 percent cap on credit card interest rates. The bill – which protects consumers from arbitrary rate increases, double-cycle billing and due-date gimmicks – was signed into law by President Obama in May 2009.

"Even before the current economic crisis, hardworking Vermonters were feeling the squeeze of low wages and ever-increasing costs. The United States has a long history of supporting the middle class, but we must recommit to ensuring that those who work hard to make a living have the resources they need to support their families, get ahead and save for a secure retirement. With every issue I face in Congress – from health care to education to energy – I am focused on increasing affordability and expanding the middle class."

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Rep. Welch's Recent Work on the Middle Class

House Committee Approves Farm Bill; Key Vermont Priorities Included

May 17, 2013

The House Agriculture Committee approved a Farm Bill this week on a bipartisan vote of 36-10.  The bill is expected to be debated by the full House of Representatives this summer.

Rep. Welch said, “This is a good bill for Vermont’s agriculture sector which is vital to the economic health of our state.   While good for our farmers, it will do serious harm in its current form to those who rely on feder... Read More


Associated Press: 'Vt.'s Welch, Sorrell, testify about elder fraud'

May 17, 2013

Vermont Rep. Peter Welch and Attorney General William Sorrell are warning about scams to defraud the elderly.

They testified Thursday before a House subcommittee in Washington. The hearing was convened to review the federal government’s efforts to detect financial scams perpetrated on seniors and how to assess the effectiveness of those measures.

Welch Introduces Seniors Fraud Prevention Act

May 16, 2013

On Thursday, Vermont Attorney General Bill Sorrell joined Rep. Peter Welch at a congressional hearing examining the prevalence of scams artists bilking vulnerable seniors out of their savings.  Welch is a member of the Subcommittee that conducted the hearing, the Subcommitte on Commerce, Manufacturing, and Trade.

Yesterday, Welch joined Congressman Ted Deutch (D-FL) and Congressman Vern Buchanan (R-FL) in introducing leg... Read More


Milton Independent: 'Welch continues ethanol fight'

May 16, 2013

It was summer 2011, and Congressman Peter Welch stood on the Moorings Marina deck in Colchester to rally for the elimination federal ethanol subsidies he said were spiking food prices and corroding small engines.

Nearly two years later, Welch returned to Colchester last Friday, this time on the other side of town, and touted Congress’ progress in scaling back the program that was originally meant to wean the United States o... Read More


Associated Press: 'Welch Hopes For New Farm Bill'

May 15, 2013

U.S. Rep. Peter Welch says he hopes the farm bill will help stabilize milk prices for dairy farmers, include disaster insurance for vegetable growers and promote the use of local fruits and vegetables in school lunches.

Welch, a former member of the House Agriculture Committee, spoke Tuesday of his priorities for the farm bill, which is due to be discussed by the committee on Wednesday.

We... Read More


 

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