Americans today can breathe a sigh of relief as we take a first step toward repairing our badly damaged economy. This bill will begin to put Americans back to work fixing roads, repairing bridges, building schools and laying the bases for the economy of tomorrow. The good news is already starting to come in. Caterpillar Tractor, an iconic American machinery manufacturer, announced that it will rescind some of the 20,000 announced layoffs as soon as this bill passes. This bill is expected to produce 4 million jobs. And it contains tax cuts that will benefit 95 percent of working Americans, including a $400 tax credit for individuals and an $800 tax credit for couples. This is a bill that says to the world, ``yes, we can.''
Sean Patrick Maloney: “Americans today can breathe a sigh of relief as we take a first step toward repairing our badly damaged economy. This…”
On the recordFebruary 12, 2009
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govinfo.govEditor's note · Context
Discussing the economic recovery bill aimed at job creation and tax cuts.
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