I wanted to just share some reflections on the economic stimulus package, because I think before we even get to the point of looking at where our economy is today, there should be a moment to pause and look back about 7 years ago when our Nation's budget was in surplus. And in such a short amount of time we've seen our economy just totally get out of kilter, get out of whack, a lot of hocus-pocus being done in the markets, particularly around subprime mortgages, in addition to the fact that there's just been a slow economic growth in some of the sectors that have traditionally provided that economic growth and boost in our economy. But it's great to know that we all recognize the writing on the wall, and that there wasn't the type of struggle that we have seen around other pieces of legislation with regard to economic stimulus. It was bipartisan effort, and we recognized that it was important and critical that we do this timely, we do it targeted, and we make sure it's temporary because, as my colleague, Mr. Meek, has already stated, we're borrowing this money. But we know it's important. It's important to jump-start our economy. It's on life support right now, and this is just the type of jolt that we need.
Editor's note · Context
Discussing the economic stimulus package and its importance during a floor speech.
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