Latest Releases
Klobuchar, Smith Secure Significant Federal Funding to Expand and Upgrade I-94 in Wright County
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that they have secured $3 million in federal funding through the Fiscal Year 2023 budget to expand and upgrade a stretch of the Interstate 94 (I-94) highway in Wright County. “This federal funding will help expand and upgrade I-94, improving safety and mobility on this critical route. I am proud to have worked with local leaders to secure this funding, and I know that these resources will make a real difference for so many communities,” said Klobuchar. “The I-94 expansion project will improve access to the Interstate and reduce traffic for those traveling throughout the region,” said Smith. “Relieving congestion and making our roadways safer and more accessible is integral to keeping communities connected to jobs, local businesses, school, health care, and other important services. I’m proud of the work we did with local leaders to secure funding for this project.” This project continues efforts over the past decade to improve I-94 from Maple Grove through Clearwater, including an overlay from Fish Lake Interchange to West of Highway 101, the Dayton Parkway Interchange, lane expansion from St. Michael to Rogers, and reconstruction and expansion from Monticello to Clearwater. This would continue the process of clearing the bottleneck between Albertville and Monticello, and create a seamless 6-lane passage of traffic which is anticipated to result in continued economic development and increased safety. Klobuchar and Smith have been actively involved in securing this federal funding for projects benefiting communities across the state through
U.S. Senator Tina Smith’s Bipartisan Legislation to Provide Transparency For Those Looking to Purchase Popular Long-Term Savings Vehicles Signed Into Law
WASHINGTON, D.C. – U.S. Senator Tina Smith (D-MN) announced her bipartisan legislation with Senator Thom Tillis (R-NC) to help provide transparency for consumers looking to purchase popular, long-term savings vehicles was signed into law as part of the bipartisan government funding bill. The law will help ensure that investors considering purchasing Registered Index Linked Annuities (RILAs) get clear and direct information that promotes investor understanding. “It’s more important than ever for consumers to have clear and concise information about their investments,” said Smith. “This legislation would help consumers looking to purchase RILAs by providing clear information about their potential investments in terms that they are able to understand. I hope this legislation will offer a model for how disclosures can and should be designed with consumers in mind. I am proud of our work to get this bill across the finished line and signed into law.” The sale of RILAs, which are tax-deferred, long-term investments often used for retirement, have grown rapidly in recent years. However, the lack of a tailored form for registering these products with the Securities and Exchange Commission (SEC) often results in long, dense disclosures that are incomprehensible to the typical purchaser. The Registration for Index-Linked Annuities Act offers a model for how disclosures can be designed with the needs of investors in mind. By directing the SEC to develop a tailored RILA registration form, the bill will help ensure that investors have the information they need to determine whether the product makes sense for their
U.S. Senator Tina Smith Lauds Bipartisan Farm Bill Deal; Says it Gives Farmers Much-Needed Certainty
WASHINGTON, D.C. [12/11/18]—Today, U.S. Sen. Tina Smith (D-Minn.)—who took a leading role in making sure Minnesota priorities are included in the 2018 Farm Bill as a member of the Senate Agriculture Committee—was pleased to see House-Senate negotiators finalize the new Farm Bill for farmers, ranchers, foresters, rural communities, and tribes. Sen. Smith has repeatedly called for Congress to pass a strong, bipartisan Farm Bill and send it to the President’s desk. You can read the full committee report here. “Farmers and ranchers—who face enough uncertainty with low farm prices and trade uncertainties—deserve the certainty that this bipartisan Farm Bill provides,” said Sen. Smith. “I was proud to work on several provisions in this
U.S. Sens. Tina Smith, Jerry Moran Introduce Bipartisan Bill to Make Life-saving Oral Cancer Medications More Affordable
WASHINGTON, D.C. [12/12/18]—Today, U.S. Sens. Tina Smith (D-Minn.) and Jerry Moran (R-Kansas) introduced legislation—also supported by Sens. Chris Murphy (D-Conn.) and Roger Wicker (R-Miss.)—to make sure oral cancer drugs are covered in the same way as traditional (IV) chemotherapy to bring down costs for Americans suffering from cancer. Sens. Smith and Moran said their bipartisan bill, the Cancer Drug Parity Act, is needed to make sure that health insurance plans fairly cover advances in oral cancer medication. Currently, over 40 states—including both Minnesota and Kansas—and the District of Columbia have passed “oral parity” laws that stop insurers from charging more for
U.S. Sen. Tina Smith: Federal Judge’s Decision Threatens Vital Health Care Coverage for Millions of Americans
WASHINGTON, D.C. [12/14/18]—Today, U.S. Senator Tina Smith (D-Minn.) released the following statement after a federal judge in Texas deemed provisions of the landmark Affordable Health Care Act unconstitutional. “The ruling by a federal judge in Texas today to undermine historic health care legislation—if the decision is allowed to stand—would be catastrophic. This ruling would rob millions of their health care coverage, and would return us to the days when Americans could be denied coverage because of pre-existing conditions, like cancer or diabetes, or allow women to be charged more for health insurance. Americans made their voices heard to stop repeal last year, and
Tina Smith Sworn in as U.S. Senator from Minnesota, Wednesday
WASHINGTON, D.C. [1/03/19]—Today, Tina Smith (D-Minn.) was sworn in as U.S. Senator for Minnesota. Sen. Smith was elected to the seat in November, giving her a new term that runs until January, 2021. “It’s been an honor to represent Minnesota in the U.S. Senate for the past year and I’m excited to continue my work on behalf of all Minnesotans as the new Congress begins today,” Sen. Smith said. “After traveling across Minnesota for the past year and hearing from people, I know that we still have a lot of work to do to bring economic opportunity to families, businesses and
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