Carolyn Maloney actually said...

"Without the swift, effective response from policymakers, the Great Recession could have been another Great Depression."

"In fact, last October, Council of Economic Advisers Chair Christina Romer testified to this committee that the shocks we endured in the 'Great Recession' were actually worse than those of the Great De..."

"The most recent employment report showed that 162,000 jobs were created in March, with three-fourths of those new jobs coming from the private sector."

"But today, it is clear that America is on a path toward economic recovery."