Joel had this to say about the honor, "The great composer, George Gershwin, has been a personal inspiration to me throughout my career. And the Library's decision to include me among those songwriters who have been past recipients is a milestone for me."

Librarian of Congress James H. Billington says, "Billy Joel is a storyteller of the highest order. There is an intimacy to his songwriting that bridges the gap between the listener and the worlds he shares through music. When you listen to a Billy Joel song, you know about the people and the place and what happened there. And while there may be pain, despair and loss, there is ultimately a resilience to it that makes you want to go to these places again and again.

"Importantly, as with any good storyteller, the recognition experienced in a Billy Joel song is not simply because these are songs we have heard so many times, but because we see something of ourselves in them," Billington said.

Billy Joel will receive the prize in Washington, D.C., in November and be feted with a series of events, including an honoree's luncheon and musical performances. The Gershwin Prize honors a living musical artist's lifetime achievement in promoting the genre of song as a vehicle of cultural understanding; entertaining and informing audiences; and inspiring new generations.