So when we look at this package, we have a choice between including or excluding 20 million seniors, excluding or including 250,000 disabled veterans, including or excluding millions of middle-class Americans looking for a job and, in addition to that, create jobs through alternative energy production and efforts to help the home-building industry, which is at the heart of what has been happening in terms of our economy. I am very pleased we have addressed those businesses that have operating losses now, to help them through the tax system and be able to keep going and not find themselves in a vice this year in terms of having fire sales to eliminate their inventory. I am pleased we have been able to include a $10 million revolving loan fund for States and local governments to help with refinancing of subprime loans. We have a number of very important provisions, and it is very exciting to see the broad coalition that has come together, from business to labor, to seniors, to the environmentalists, to those creating energy jobs, to those in the housing workplace; and from homebuilders to those who are involved with State and local governments, and millions and millions of middle-class families all across this country who are counting on us to do more than provide a check but to create the ability for investments and for jobs that will grow the economy. So I am very hopeful we will come together with the necessary votes to stop the filibuster that is happening here.
On the recordFebruary 5, 2008
Source
govinfo.govEditor's note · Context
Discussing a legislative package aimed at economic recovery and support for various groups.
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