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Today’s economic news is encouraging. America’s economy grew by 5.7% in the last quarter of 2009—the highest rate of growth in six years.
The Commerce Department reported that the economy (GDP) grew 5.7% in the last quarter of 2009, the fastest rate of growth since 2003.
According to a CNN poll released today, a majority of Americans are in favor of the following investments made possible by the American Recovery and Reinvestment Act.
I applaud the Senate for taking action on a key piece of our agenda to restore fiscal balance and bring down our nation’s deficit.
I am pleased to hear that Chrysler has decided that it will not challenge the binding arbitration process for terminated dealers.
Tonight, President Obama spoke about the reality of these hard times, as well as the determination and optimism that have helped America overcome hardship in the past--the same qualities that are essential to our recovery today.
Republican claims on fiscal discipline go against their record of not paying for things and increasing spending, as well as implementing economic policies that helped create the deepest recession in generations.
Below are a few examples of how the American Recovery and Reinvestment Act is working to save and create jobs for Americans across the country.
I am very pleased that General Motors has decided not to challenge the binding arbitration process for terminated dealers.
In October 2008, Democrats worked with the Bush Administration in a good faith effort to pass legislation to prevent the economy from collapsing into a depression.