Keith Ellison: “Well, you know, I'm glad you mentioned that because Mark Zandy, who, again, was an adviser to John McCain, a Republican…”

“Well, you know, I'm glad you mentioned that because Mark Zandy, who, again, was an adviser to John McCain, a Republican, said that the way to really stimulate the economy is to put it in certain areas and not so much in others. And if you look on this chart right here, Zandy's Estimates For a Multiplier Effect For Various Policy Proposals, what you find is that spending money for States has a pretty good stimulative effect. Right down here, ``revenue transfers to State governments.'' For every dollar we put into that, that will generate $1.36. That's an important expenditure right there that we could use to really stimulate the economy. This will bring back good benefits to the economy. So for the Senate to shortchange us by $40 billion is a mistake. Let me also say, too, that these are good jobs, these are--we're talking about cops, fire fighters, we're talking about people who are really out there filling potholes, doing important jobs, making sure that people are getting workforce training and development. These are critical functions. And you know what? I read, Madam Chair, that if you were to add up all of the State budget deficits that are current right now, it would amount to about $350 billion. I know my own State of Minnesota has about a $5 billion deficit. I know California, your State, is in need.…”