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Thomas Carper on The Economy
Voting Record
Wall Street Reform
In 2010, the Senate passed the Wall Street Reform and Consumer Protection Act of 2009. The legislation consolidated many financial regulatory agencies, increased transparency in the derivatives market, regulation of credit rating agencies, and a "resolution regime" to resolve insolvent banks. Thomas Carper voted in favor of the Wall Street Reform Legislation.
Thomas Carper voted in favor of the Wall Street Reform Legislation.
The Stimulus
After the stimulus passed the House, the conference report was voted on to pass the unified version. Thomas Carper voted in favor of the Stimulus in the final vote.
Thomas Carper voted in favor of the Stimulus in the final vote.
The Stimulus
The Obama stimulus package passed through the Senate in January of 2009 and received the support of all Democrats and three Republicans. Thomas Carper voted in favor of the stimulus in the initial vote.
Thomas Carper voted in favor of the stimulus in the initial vote.
TARP Funds - Disapproval of Second Installment
In January of 2009, the Senate voted to released the second half of TARP funds to President Obama. Thomas Carper voted against the resolution and in support of the second installment of TARP funds.
Thomas Carper voted against the resolution and in support of the second installment of TARP funds.
Helping Families Save Their Homes Act of 2009
The Helping Families Save Their Homes Act of 2009 was a program designed to assist those who may be able to remain in their home with a modest amount of government assistance. The bill got wide bi-partisan support in the Senate and passed 91-5. Thomas Carper voted in favor of the Helping Families Save Their Homes Act of 2009.
Thomas Carper voted in favor of the Helping Families Save Their Homes Act of 2009.
Troubled Asset Relief Program (TARP)
The TARP program was designed to prevent the failure of large banks by purchasing their "troubled assets" and allowing them to move them off their records as liabilities. The bill received both bipartisan support and bipartisan opposition and passed 74-25 with the two parties making up about half of each vote. In January of 2009, the Senate voted on granting the second half of the TARP funds to President Obama. Thomas Carper voted in favor of the TARP program.
Thomas Carper voted in favor of the TARP program.
The Bush Stimulus
In early 2008, the Recovery Rebates and Economic Stimulus for the American People Act of 2008 was passed in an attempt to stimulate the economy. Also known as the Bush Stimulus, the act consisted largely of checks sent to individuals. The bill received wide bipartisan support and passed the Senate 81-16. Thomas Carper voted in favor of the Bush Stimulus.
Thomas Carper voted in favor of the Bush Stimulus.
Bankruptcy Reform
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 completely redefined bankruptcy in the United States. The bill made it much more '); echo('for people to walk away from unsecured debt, such as credit cards, and permitted the court to award some compensation to creditors in the event that a bankruptcy was awarded. The bill got bipartisan support and passed 74-25. Thomas Carper voted in favor of the Bankruptcy Reform bill.
Thomas Carper voted in favor of the Bankruptcy Reform bill.
American Jobs Creation Act
The American Jobs Creation Act was a Republican plan that was signed into law in the summer of 2004. The legislation ending some taxes in the agriculture industry, reduced corporate tax rates from 35% to 32%, reduced taxation on overseas income, and provisions to help companies invest in equipment. It passed the Senate 69-17.
Sarbanes-Oxley
In response to Enron and other accounting scandals, Congress passed a bill which imposed a number of book-keeping and accounting regulations on several industries. The Sarbanes-Oxley Act of 2002. The bill received almost unanimous support in the Senate and passed in a 99-1 vote. Thomas Carper voted in favor of Sarbanes-Oxley.
Thomas Carper voted in favor of Sarbanes-Oxley.
Sponsored and Cosponsored Legislation
A bill to amend title 11 of the United States Code, and for other purposes.
A bill to establish a temporary vehicle trade-in program through which the Secretary of Transportation shall provide financial incentives for consumers to replace fuel inefficient vehicles with vehicles that have above average fuel efficiency.