American families are facing real hardships as news of the slowing economy continues to make headlines. The latest troubles came with the release of the March job numbers, the fact that 80,000 people lost their jobs last month. This was not only the third straight month of job losses, but it also was the worst in the last 5 years. Clearly, Washington must do more to stimulate the economy and assist middle-class families. Already this year, working in a bipartisan way, the Democratic Congress enacted an economic stimulus package that will give families in real need relief by providing recovery rebates starting this next month, raising loan limits for mortgages, and backing the Federal Housing Administration. This is a good start, but it can't be the end of our efforts to reverse the negative impact of 7 years of failed economic policies. Mr. Speaker, we did earlier this year what Democrats need to do, and that is pursue commonsense solutions to what our problems are and help get our economy back on track, create jobs, and speed assistance to families that are struggling.
Editor's note · Context
Addressing economic challenges and job losses during a speech on the House floor.
Share
More from Charles Wilson
as gas prices have once again hit record highs, congressional Democrats are urging President Bush to take action. For 7 years he has sat on the sidelines, and even last week at a press conference in the Rose Garden, he concluded that the…
there are two people to blame for the extremely high increase in gas prices, President Bush and Vice President Cheney, two men who came to the White House from the executive suites of Big Oil. This week, the President proposed a proposal…
I fully support the reauthorization of the State Children's Health Insurance Program, SCHIP. This legislation will ensure that 10 million children receive the vital healthcare coverage they need and deserve. Currently, more than 218,000…
with thousands of Americans losing their homes and jobs, skyrocketing costs for basic items such as gas prices at an all-time high, Americans everywhere are feeling the negative impact of these failed economic policies that we are living…





