On the recordMarch 11, 2008
this Congress has finally understood and is realizing what the American people have known for so long, that after 6 years of mismanagement of our economy by the Bush administration that our economy has failed America's working class. This Congress is working to change that, having already passed a bipartisan economic stimulus package that will help jump-start the economy and create up to half a million new American jobs. Later this spring, recovery rebate checks of hundreds of dollars will be in the hands of 130 million Americans. Most will use it to pay bills, but hopefully some will help to spend it on the economy. Late last month we passed an energy bill that will help create hundreds of thousands of high-paying green collar jobs, lower energy prices, and reduce our dependence on foreign oil. And to address the housing crisis, we expanded affordable mortgage loan opportunities, strengthened consumer protection against risky loans, and raised loan limits to increase liquidity in the mortgage market. Madam Speaker, this Democratic Congress is working to create more jobs, jump-start our economy that has clearly stalled. We are committed to addressing those issues that affect America's working class, not just the top 1 percent.
Source
govinfo.gov




