Political Quotes

On the recordFebruary 7, 2008
I don't know if there is an economist who disagrees--there could be; I don't know who it would be--that the best way to stimulate the economy is to get money into the hands of those who will spend it immediately and the people who need it the most. That is why, according to more than one economic study, the absolutely best way to stimulate the economy is to increase food stamp benefits. According to that study, for every $1 allocated to food stamps, economic activity is increased by $1.84. That is the best thing we could do. It is the best bang for the buck. I therefore ask unanimous consent that notwithstanding the previous unanimous consent agreement, the underlying bill be modified by adding a provision that would appropriate $5 billion to increase nutritional assistance for the rest of the calendar year.
Said by
Harry Reid
Democratic · Nevada

Editor's note · Context

Discussing economic stimulus through increased food stamp benefits.

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