skip to main contentskip to popular page linksskip to main navigation links
photo of Mike Capuano Michael E. Capuano representing the 7th district of Massachusetts in the U.S. House of Representatives Go to the House of Representatives homepage
Like Mike on Facebook Visit Mike's video channel on YouTube Like Mike on Facebook


 My Schedule My Voting Record District Maps Register To Vote FAQ Site Map e-Updates

Congressman Capuano's
An update from the office of U.S. Representative Michael E. Capuano
8th Congressional District of Massachusetts
Thanks for subscribing to this periodic correspondence. We hope you find the information useful. As always, let us know your questions, comments or concerns. Our contact information is provided at the end of this e-mail.

November 20, 2009

Health Care

Yesterday, the House considered H.R. 3961: Medicare Physician Payment Reform Act. This is an important issue and an essential piece of the health care reform bill recently passed by the House.

Current law calls for a 21% cut in Medicare payments made to doctors starting in January. Typically, Congress has had to block these rate cuts on a yearly basis, but this is short sighted and dangerous to the continued viability of Medicare. Simply put, the reimbursement rate has not kept pace with inflation. While no one wants to pay more for health care, it is critically important that Medicare offer a realistic fee schedule to physicians who treat individuals with Medicare so that they can continue to provide services. H.R. 3961 offers a permanent fix while also instituting key congressional fiscal constraints in the form of statutory Pay As You Go.

The Medicare Physician Payment Reform Act addresses the growing disparity between services rendered by health care providers and the Medicare reimbursement rate with a permanent, sustainable solution. Additionally, not only does this change positively impact Medicare recipients, it will also benefit military personnel and their families who rely on TRICARE — since its rates are tied to Medicare's — for their health coverage.

I voted YES. H.R. 3961 passed in the House and the entire vote is recorded below:





















Financial Regulatory Reform

This week the Financial Services Committee, of which I am a member, continued to consider legislation that would reduce systemic risk in the marketplace and strengthen regulations for the financial industry. H.R. 3996: The Financial Stability Improvement Act creates an Oversight Council to monitor firms that systemically threaten our financial system and provides the Council with authority to reduce those risks. The bill also establishes a process for dissolving large, failing firms (such as AIG) while protecting taxpayers and without endangering our larger economy. The committee plans to finalize this piece of legislation when it returns from next week's district work period. This bill, along with several other pieces of legislation already considered by the committee, will be combined into a broader reform package that will move to the House floor in December.

Job Creation

On Monday, I sent a letter to President Obama calling on him to use the remaining funds from the Troubled Asset Relief Program (TARP) to create jobs. This would represent an important investment in our economy as we continue to do our best to rebuild the job market.

We are currently experiencing a 26 year high in the unemployment rate, which has reached 10.2% nationally. The letter states the "Treasury Department has reported that $210 billion in TARP funds remain unspent, and they expect banks to repay another $50 billion in the next year. These funds should be used to create jobs building roads and bridges and also in the education, science, and health care industries." I firmly believe that the government must do more to combat rising unemployment. Channeling some TARP funds into job creation is both an appropriate and worthy use of a program established to address the financial crisis. We cannot yet reasonably say that the job of TARP is complete while millions of willing Americans are unable to find work.

What's Up Next

Next week the House is in a district work period. Next votes are expected the week of November 30th.

Congressman Mike Capuano
8th District, Massachusetts
Committee on Transportation and Infrastructure
Committee on Financial Services
Committee on House Administration

P.S. I welcome your feedback on our e-Updates. Please let me and my staff know what you think of this service by e-mailing our office.

District Offices:

110 First Street, Cambridge, MA 02141
Roxbury Community College, Campus Library, Room 211

District Office Phone:

(617) 621-6208

DC Office:

1414 Longworth Building, Washington, DC 20515

DC Office Phone:

(202) 225-5111

Website and e-mail:

You have received this e-mail because you subscribed to Rep. Capuano's E-Mail Updates authorizing Rep. Capuano to send your inbox periodic e-mail updates from his Congressional office.

UNSUBSCRIBE: if you would like to unsubscribe from this newsletter, you may do so at this address:

PRIVACY POLICY: Your e-mail address will not be shared with anyone else or sold in any way. To read the complete privacy policy, visit:

E-Updates are sent from an unattended mailbox. Please do not reply directly to this e-mail. Instead, if you wish to e-mail us, please go to

12,456 subscribers






Privacy Policy

To protect your privacy, subscriptions to Rep. Capuano's E-Updates are subject to our Privacy Policy.


Bill Search

Search for legislative information.

Tip: enter bill numbers without spaces, i.e. "h.res.26" or "hres26"




News Services

Here are some informative online news services to help you find reports from Boston and the region, as well as national and international news stories.


Home | About | Biography | Contact | Issues | Links | News | Schedules | Services

E-Updates | Site Map | Privacy Policy | Accessibility

110 First Street
Cambridge, MA 02141
P: (617) 621-6208
F: (617) 621-8628

  Constituent Services Click to close menu
  Casework and Assistance
  Immigration Casework
  Grants and Federal Domestic Assistance
  Presidential Greetings
  Washington, D.C. Attractions
  U.S. Service Academy Nominations
  Media Center Click to close menu
  Press Items
  Recent Votes
  Video and Audio
  Legislative Work Click to close menu
  Recent Votes
  Voting Record
  Sponsored Legislation
  Earmark Requests
  Committees and Caucuses
  Ethics Task Force
  Schedules Click to close menu
  My Schedule
  House Floor Summary
  Weekly House Schedule
  Annual House Calendar
  Weekly Senate Schedule
  Our District Click to close menu
  The 7th District Over the Years
  Nobel Prize Winners
  Interesting facts about Massachusetts
  Massachusetts Links
  Links Click to close menu
  Massachusetts Links
    State Government
    About the 7th District
    Arts, Culture and Attractions
    Chambers of Commerce
    Colleges and Universities
    Exploring Massachusetts
    Hospitals and Health Organizations

  Federal Government Links - Official Government Portal
    Legislative Branch
    Executive Branch
    Judicial Branch
    Federal Agencies
    Kids' Pages
    Register to Vote
    Washington, D.C. Attractions
    Business Opportunities with the Government
  Contact Click to close menu
  District Office
  Washington, D.C. Office
  Office Hours Program
  Community Meetings
  E-mail Me