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I want to commend Chairman John Dingell for his nearly 53 years of service to his constituents and to our nation, making him the longest serving member of Congress come next February.
I applaud the Senate's passage of House legislation extending unemployment insurance for Americans suffering in this recession.
For months now, the historic scope of our economic crisis has been clear to all Americans. Our financial markets have seen great turmoil, leading millions of Americans to fear for the security of their savings, pensions, and retirements.
Today’s economic announcement from President-elect Obama indicated that he is serious about ending the fiscal recklessness that has characterized the Bush Administration.
As we said this afternoon, Democrats fully understand the importance of America’s automotive industry to our entire economy, and to the 3 million workers who depend on it for employment.
Today’s report from the Labor Department confirms that this recession is threatening the livelihoods of hundreds of thousands of Americans.
Veterans Day is a time to reaffirm our support for every American service member, both the 25 million living veterans and those we have lost, who fought to protect our freedoms.
Today’s job figures show an unexpectedly sharp spike in unemployment: In October, the American economy lost an additional 240,000 jobs. With job losses in nearly every sector of our economy, from blue-collar to white-collar, our unemployment rate has reached 6.5%, a 14-year high. In all, our economy has cut jobs every month of this year, for a total of 1.2 million lost since 2008 began.
President-elect Obama’s selection of Rahm Emanuel as White House Chief of Staff shows a strong commitment to the mandate for change given by voters on Tuesday.