"Not since the Great Depression has our economy experienced as precipitous and severe a decline as it did in the fall of 2008. The aftermath will be felt for years to come and our road to recovery will be long. My top priority in Congress is to mitigate the economic impact on Vermont families and businesses, help them regain their footing and provide them with the tools they need to recover and succeed. While the causes of this recession were myriad, there is much Congress can do to reform our financial system, restore the oversight that has been lacking for too long, and prevent the abuses that caused this collapse from ever happening again."
Rep. Welch's Recent Work on the Economy
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...
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...
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...
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.