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Oversight Chairman Issa Statement on News of $1.3 billion U.S. Government Loss in Resolving Chrysler Bailout

(WASHINGTON)—House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) today released the following statement on news that the Obama Administration had closed the outstanding bailout loan to Chrysler at a $1.3 billion loss to taxpayers: "I am deeply disturbed to learn that the Obama Administration left $1.3 billion taxpayer dollars on the table in resolving its bailout of Chrysler. The Administration has sold out an American icon to a foreign company using TARP funds ...

Press Release
Chairman Issa Statement on Gulf of Mexico Energy Production Potential Report

(WASHINGTON)—House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) today released the following statement regarding a new report issued by I.H.S. Cambridge Energy Research Associates and IHS Global Insight that documents job creation and energy security potential in the Gulf energy industry from ending the Obama Administration's permit backlog: "The Obama Administration has systematically blocked domestic energy production in the Gulf of Mexico, and today's report puts ...

Press Release
Chairman Issa Statement on Cut, Cap and Balance Act

(WASHINGTON)—Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) today released the following statement about the upcoming House of Representatives vote on the Cut, Cap, and Balance Act: "The American people know the solution to our debt crisis—they do it every month: restrict spending to income. "The Cut, Cap, and Balance Act addresses our federal spending problem. Beginning October 1, the bill would cut $111 billion from government spending. Then, ...

Press Release
ATF Director: DOJ Response to Fast and Furious Investigation Intended to Protect Political Appointees

Chairman Issa and Senator Grassley Press Attorney General Holder with Key Testimony WASHINGTON, D.C. – Oversight and Government Reform Committee Chairman Darrell Issa and Senate Judiciary Committee Ranking Member Chuck Grassley today pressed Attorney General Eric Holder about the Justice Department's unsatisfactory responses and lack of cooperation with an investigation into the highly controversial Operation Fast and Furious. A letter sent by the two lead ...

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VIDEO RELEASE: Meet Oversight Watchdog Rep. Blake Farenthold

WASHINGTON, DC – The House Committee on Oversight and Government Reform today released "Meet Your Oversight Watchdogs: Rep. Blake Farenthold," the eighth in a series of videos introducing committee members to the American people. Rep. Farenthold serves Texas' 27th Congressional District as a member of the Oversight Subcommittee on Government Organization, Efficiency & Financial Management, ...

Press Release
Obama Administration Permitorium Hurting Appalachian Job Creation, Energy Production and Economic Growth

Oversight Hearing Addresses Job Killing Impacts of Policies on Appalachian Coal Industry (WASHINGTON)—A House Oversight panel heard testimony today that energy production and job creation in Appalachian states are being choked by a "permitorium" at the hands of the U.S. Environmental Protection Agency (EPA) and other agencies. This concerted campaign to restrict production approvals impacts a region that delivers one-third of all U.S. coal and hurts ...

Press Release
Issa to Postal Union: Stop Misleading Ads on Postal Service

WASHINGTON- Oversight and Government Reform Committee Chairman Darrell Issa in a letter to the American Postal Worker Union (APWU) asks the union to cancel a misleading ad campaign that falsely claims the United States Postal Service (USPS) does not receive taxpayer support when it does, in fact, receive hundreds of millions of dollars of taxpayer money through preferential tax treatment and other benefits. “A December 2007 report from the Federal Trade Commission includes a ...

Press Release
Statement of Chairman Issa on Obama Independent Agency Executive Order

(WASHINGTON)—House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) today released the following statement regarding an executive order covering federal independent agency regulatory reform issued today: "President Obama's regulatory reform executive order issued today is a step in the right direction—it is constructive that he heeded the advice from many who said his regulatory initiatives must also apply to independent agencies. "We must, however, do more than just ...

Press Release
#AskObama: Where Are the #Jobs?

Sweet Tweets Can't Disguise 14,100,000 Unemployed Americans WASHINGTON, DC – The House Committee on Oversight and Government Reform today released "#AskObama: Where Are the #Jobs?" as part of efforts to examine the growing gap between White House rhetoric on jobs and the fact that more than 14,000,000 Americans can't find jobs. More than two years after Americans were promised that a near trillion dollar ...

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Statement of Oversight and Government Reform Committee Chairman Issa on June Unemployment Report

(WASHINGTON)—House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) released the following statement on the June unemployment report released today: "Today's unemployment report is, as The Atlantic wrote, 'all bad.' The total number of unemployed Americans is up 545,000. The percentage of working adults is 58.2 percent – smaller than at any point during the recession. Now at 40 weeks, the U.S. labor force just broke a record for the longest average duration ...