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Statement on Passing the American Recovery and Reinvestment Act |
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Washington, D.C.— Today, Congressman Elijah E. Cummings (D-Md.), a member of the Joint Economic Committee, released the following statement in response to today’s vote of 246-183 to approve the American Recovery and Reinvestment Act (H.R.1):
“Our nation is in the midst of the worst economic crisis since the Great Depression, causing millions of people to lose their homes, their jobs, their life’s savings, and their hopes and dreams. The need for swift, deliberate action grows every day, and I was honored to join my colleagues in the House of Representatives today to pass the first dramatic new investment in our future since the creation of the interstate highway system a half-century ago.
“The American Recovery and Reinvestment Act will create or save 3.5 million jobs, immediately cut taxes for 95 percent of American workers, and make unprecedented investments in our nation’s infrastructure. Through investments in unemployment benefits and food stamp benefits, this legislation provides immediate relief to the Americans who are suffering the most while also infusing money directly back into our economy.
“While there is no overnight solution to fix the fallout from the past eight years of poor economic policy, this comprehensive legislation is the first major step in restoring our nation’s economy and providing relief to the millions of Americans who are struggling with all of their might to stay above water. While the road ahead of us is undoubtedly long, the Congress has moved our nation miles ahead by passing this critical legislation. I urge my colleagues in the Senate to follow suit by quickly passing this bill and sending it to President Obama to sign into law.”
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