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U.S. Senators Tina Smith, Mike Rounds Announce More Bipartisan Support for Legislation to Modernize and Reform Rural Housing Programs
Washington [9.19.23] – This week, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) announced growing support for their bipartisan legislation to improve federal rural housing programs, cut red tape, and strengthen the supply of affordable housing. Their updated bill would represent the most significant Rural Housing Service reforms years, and has the support of a large bipartisan group of senators including eight members of the Banking Committee. New cosponsors include Senators Cynthia Lummis (R-WY), Jon Tester (D-MT), Mike Crapo (R-ID), Chris Van Hollen (D-MD), Steve Daines (R-MT), and John Fetterman (D-PA). “Without a safe, affordable place to live, nothing else in your life works. Not your job, not your education, not your health,” said Smith. “We know that the housing crisis is hurting communities across the country, and the problem is particularly acute in rural places. This legislation is the direct result of bipartisan hearings and conversations with stakeholders who helped identify ways we can make federal rural housing programs work better for people struggling to find a safe, affordable place to live. I’m excited about the growing support for this package of rural housing reforms” “I am pleased with the bipartisan coalition that is building around this commonsense legislation to update USDA’s Rural Housing Service,” said Rounds. “Homeownership is part of the American dream and a key to building wealth. This legislation makes important improvements and updates that will create and preserve affordable housing opportunities in South Dakota. As we face an affordable housing crisis across the nation, I
U.S. Senator Tina Smith Applauds Senate Passage of Her Bipartisan Bill to Help Small Businesses Access Capital, Create Jobs in Rural America
WASHINGTON – U.S. Senator Tina Smith (D-MN) applauded the Senate’s passage of her bipartisan Expanding Access to Capital for Rural Job Creators Act. The legislation, which is co-led by Senator John Kennedy (R-LA), would help eliminate hurdles small businesses in rural areas disproportionately face when they try to access capital. “Access to capital is essential to the economic health and growth of rural communities in Minnesota and across the country,” said Sen. Smith. “Rural small businesses often face disproportionate obstacles when trying to secure capital to develop and grow their businesses. This legislation would help rural small businesses overcome these hurdles and strengthen our rural economies.” Access to capital is critical for starting and expanding rural small businesses, which often face a disproportionate number of obstacles when seeking capital investment. This bipartisan legislation, the Expanding Access to Capital for Rural Job Creators Act, would require the Securities and Exchange Commission to submit annual reports on the unique challenges small businesses in rural areas face when trying to secure capital. The report would outline roadblocks and identify solutions to ensure rural small businesses, and the local economies they support, are able to develop and grow. Senators Gary Peters (D-MI), Raphael Warnock (D-GA), Shelley Moore Capito (R-WV) and Jacky Rosen (D-NV) also cosponsored the legislation.
As State of Minnesota Rolls out Comprehensive Opioid Proposal, Sen. Tina Smith Fights the Epidemic from Washington
As the state of Minnesota rolls out a set of proposals today to address opioids, U.S. Senator Tina Smith is working to tackle the crisis from Washington by cosponsoring “Penny-a-Pill” legislation that would require big pharmaceutical companies to fund solutions to the epidemic they helped create. The Budgeting for Opioid Addiction Treatment Act would raise funds from pharmaceutical companies to establish new addiction treatment facilities, reimburse mental health providers, expanding access to treatment programs, strengthen addiction recovery services, and build facilities to provide care for babies born with neonatal abstinence syndrome. “The opioid epidemic has been devastating to families all across Minnesota,” said
In Her First Senate Ag Committee Meeting, Sen. Tina Smith Takes Leadership Role on Rural Development and Energy Panel
Today, U.S. Senator Tina Smith joined her first Senate Agriculture Committee hearing, where she was named ranking member of the Rural Development and Energy Subcommittee. She vowed to use her new position to advocate fiercely for Minnesota’s priorities during this year’s rewrite of the federal Farm Bill. You can download a clip of her speaking in the hearing here. “I fought for a spot on the Agriculture Committee because farming is the foundation of Minnesota’s economy,” said Sen. Smith. “As we move into this year’s Farm Bill debate, I’m going to push Minnesota’s priorities and talk with as many ag experts, rural businesses,
Klobuchar, Smith Introduce Legislation to Develop More Effective, Universal Flu Vaccine
U.S. Senators Amy Klobuchar and Tina Smith today introduced the Flu Vaccine Act with Senator Ed Markey (D-MA) to encourage additional National Institutes of Health (NIH) research to develop a more effective flu vaccine. The United States has already seen 63 pediatric deaths and high levels of illness and hospitalizations related to the flu this season. One-in-10 Americans who died the week ending on January 20th died from the flu or pneumonia. The flu costs the nation $10.4 billion in direct medical costs annually and $87 billion in total economic burden. The current flu vaccine is only 60 percent effective at best,
Sen. Tina Smith’s Statement on Commerce Dept. Recommendation for Steep New Tariffs on Foreign Steel
Today, U.S. Senator Tina Smith released the following statement on an announcement that the Department of Commerce will recommend heavy new tariffs on foreign steel imports. “One of my first stops as Senator was in Eveleth, home to the U.S. Hockey Hall of Fame, as well as many of the hardest-working men and women in the country,” said Sen. Smith. “When I was there, I talked with local steelworkers about the biggest challenges facing Northern Minnesota. They told me their jobs are at risk if we don’t continue to crack down on steel dumping from countries like China. Since then, I pressed
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