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The House is scheduled to meet at 9:00 a.m. tomorrow and is expected to proceed directly to consideration of the American Recovery and Reinvestment conference report.
Today, we celebrate the 200th birthday of our nation’s 16th President, Abraham Lincoln.
The compromise economic recovery legislation is a victory for the country and for the American people.
Throughout the debate on the American Recovery and Reinvestment Act, House Republicans have played political games to cover their opposition to critical economic recovery legislation and their lack of a serious alternative.
As Secretary Geithner recognizes, our financial crisis was brought on, in large part, by ‘individuals, businesses, and governments [that] borrowed beyond their means.’
Tonight, President Obama made a compelling case for an economic recovery plan with the power to create or save up to 4 million American jobs.
The Clinton administration delivered the nation into the 21st century with a record budget surplus. In eight years, President Bush and Republican Congresses squandered the budget opportunities they inherited and turned them into the worst deficits in American history.
I want to commend Chairman John Spratt for today’s hearing on the status of defense budget plans for 2010 and future years.
Today’s news that the economy lost 598,000 jobs last month follows weeks of layoff announcements and record numbers of Americans filing for unemployment benefits.
As Congress continues work on the American Recovery and Reinvestment Act, it is clear that we cannot have a full economic recovery until the financial crisis is addressed.