Political Quotes

On the recordDecember 2, 2011
I thank the gentleman for his comments. We ought to come together on jobs. I would urge the gentleman to bring the President's jobs bill to the floor with such amendments, such changes, such improvements, such deletions as the gentleman feels necessary. The President put out a jobs bill which every economist has said will grow the economy, will grow jobs; and it has been languishing in this House since September while people are losing jobs. Now, the good news is we had some improvement in the economy. By the way, the Recovery Act worked, as the gentleman knows. I want to comment on his going into deficits as a result of the Recovery Act. As the gentleman knows--and he voted for--George Bush suggested $700 billion in unpaid spending to staunch the financial crisis brought on by the meltdown on Wall Street in September of 2008, when President Bush was President. He offered a bill. He didn't offer to pay for that. And we didn't pay for it. You and I both voted for it because we thought it was the responsible thing to do to stabilize the financial structure of this country. I believed we were absolutely right at that point in time. It was a very unpopular bill but, nevertheless, I think absolutely essential. So in terms of some 5 months later, confronted with the deepest economic crisis since Herbert Hoover, we acted. We acted with the Recovery Act. And the Recovery Act has worked.…
Said by
Steny Hoyer
Democratic · Maryland
Source
govinfo.gov
Dec 2, 2011

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