Lois Capps: “This legislation is another step in our efforts to create jobs and keep our economic recovery on track. The bill will…”

“This legislation is another step in our efforts to create jobs and keep our economic recovery on track. The bill will help communities build schools, roads, and other important infrastructure projects putting people to work now. In my district, we will see benefits in places like Los Osos and El Rio, which have long been in need of sewer systems. The Build America Bonds program extended in the bill will help advance clean energy efforts like geothermal power projects that will provide electricity for Santa Barbara County. Mr. Speaker, our economy is still in very rough shape, a result of the reckless actions on Wall Street and little to no oversight by the previous administration. But we are making progress. Last month, the economy created nearly 300,000 new jobs, a stark turnaround from the 700,000 jobs being lost at the end of the Bush administration. This change comes in large part because of the tough, smart choices we have made to cut taxes and invest in our people. The legislation coming up this week is another of these efforts to keep us on the road to full recovery.”