Over the last year and a half some truly extraordinary steps have been taken, including the so-called TARP program, the Recovery Act program, and the Fed's own actions to make an extraordinary amount of collateralized loans to its member banks.
Spratt discusses significant economic measures taken in response to the crisis.
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Without the Federal Government, we will simply guarantee that there are not enough resources to get the basically required infrastructure built, renewed and maintained.
I hope this committee, under the leadership of Chairman Spratt and Ranking Member Ryan, will provide a budget blueprint that better suits the needs of my district.
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