Political Quotes

On the recordMay 21, 2008
I wish to focus my remaining remarks on the supplemental appropriations bill which is pending before the Senate. We passed a supplemental appropriations bill out of the Appropriations Committee, which I serve on, last week. This bill contains $168.9 billion for funding operations in Iraq and Afghanistan. That is the amount the President requested. But importantly, this bill also includes significant contributions to the domestic economy of this country, to the needs here at home, not just overseas. It includes funds for LIHEAP. At a time when oil is topping $130 a barrel, the drain on low-income Americans and seniors particularly, simply to pay heating prices, and in the Southwest and South of our country, cooling prices this summer are extraordinary. It is a burden. It is a huge burden. We have incorporated some funds for that situation. We also have moneys for unemployment insurance, not only necessary to sustain families in a time of economic crisis but also one of the most effective stimulus devices. The money from unemployment insurance goes quickly from the recipient to the local market, to all the needs of a family struggling in this economy to get by. It is a tremendous way to stimulate our economy. So it has both individual benefits and economic benefits for the country as a whole. I must also point out that included in these domestic provisions is extraordinary legislation by Senator Webb, my colleague from Virginia, the enhanced GI bill of rights.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Discussing the supplemental appropriations bill and its impact on domestic economic needs.

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