Albio Sires: “economists said if Washington wanted to help jump-start our Nation's economy, it needed to act fast. That's exactly what…”

“economists said if Washington wanted to help jump-start our Nation's economy, it needed to act fast. That's exactly what we did. Congress acted in a strong bipartisan fashion to pass an economic stimulus plan that will be signed into law by President Bush today. The new law will put hundreds of dollars into the hands of more than 130 million American families, including seniors and disabled veterans, who will then spend it to reinvigorate our economy. The law also expands financing opportunities for Americans who are in danger of losing their homes because of the mortgage crisis and promotes small business investment in plants and equipment. Mr. Speaker, Democrats are proud that we have been able to work so quickly to produce an economic stimulus plan that is timely, targeted and temporary. We are also proud of the fact that this package provides immediate relief to low- and middle-income families and small businesses that need the help the most. We will continue to rebuild and strengthen our economy, create good jobs, and give relief to families that are struggling to make ends meet.”