[Congressional Record Volume 154, Number 10 (Wednesday, January 23, 2008)]
[House]
[Page H394]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       ECONOMIC STIMULUS PACKAGE

  (Ms. JACKSON-LEE of Texas asked and was given permission to address 
the House for 1 minute and to revise and extend her remarks.)
  Ms. JACKSON-LEE of Texas. Madam Speaker, I have risen several times 
on the floor of the House to encourage my colleagues to consider the 
mortgage crisis when we talk about an economic stimulus package.
  It is well known that an economic stimulus package should stimulate 
and it should be driven by existing law. But there is no reason why we 
cannot find a connector for a 90-day moratorium, a moratorium on those 
who are about to go over the brink and provide a freeze on those 
adjustable rates. An economic stimulus package is to stimulate. What 
more stimulation than for people to keep their homes and pay their 
mortgages.
  Might I also say that as the mortgage collapse goes, then families 
are subject to not having their children covered by the SCHIP program. 
The debate today will be enormously important because it will cost less 
than $3.50 a day to provide for these children. And as well, it will 
help States all over the Nation, including the 1 million children in 
Texas that no longer have health insurance because of this horrific 
veto.
  We need a stimulus package that provides people with housing and a 
stimulus package that takes care of our children.

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