I came to the conclusion we needed to consider moving forward with a stimulus package. Today, Mr. Speaker, I am proud to say our Chamber has an opportunity to find common ground and rally, despite our ideological differences, behind a short-term stimulus package that will have limited utility but will provide the ailing American economy with the right incentives at exactly the right time. Through bipartisan dialogue and agreement, we have been able to settle on a plan that will benefit both wage earners and job creators, encourage investment, and put more money back in the pockets of America's hardworking middle-class families. As a result of this plan, working Americans will have access to extra cash to cushion increased costs in food and energy; families, in fear of losing their homes, will have new opportunity to refinance their mortgages and retain homeownership; and businesses will be rewarded for making capital investments here in the domestic economy, which, in turn, will jump-start spending and create more good-paying jobs. This compromise was negotiated as a simple, clean, and targeted bill.
Editor's note · Context
Discussing the need for a stimulus package to address economic challenges.
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