[Congressional Record Volume 154, Number 41 (Tuesday, March 11, 2008)]
[House]
[Pages H1449-H1450]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CONGRESS IS TAKING ACTION TO STRENGTHEN ECONOMY AND CREATE JOBS
(Mr. WALZ of Minnesota asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. WALZ of Minnesota. Madam Speaker, this Congress has finally
understood and is realizing what the American people have known for so
long, that after 6 years of mismanagement of our economy by the Bush
administration that our economy has failed America's working class.
This Congress is working to change that, having already passed a
bipartisan economic stimulus package that will help jump-start the
economy and create up to half a million new American jobs. Later this
spring, recovery rebate checks of hundreds of dollars will be in the
hands of 130 million
[[Page H1450]]
Americans. Most will use it to pay bills, but hopefully some will help
to spend it on the economy. Late last month we passed an energy bill
that will help create hundreds of thousands of high-paying green collar
jobs, lower energy prices, and reduce our dependence on foreign oil.
And to address the housing crisis, we expanded affordable mortgage loan
opportunities, strengthened consumer protection against risky loans,
and raised loan limits to increase liquidity in the mortgage market.
Madam Speaker, this Democratic Congress is working to create more
jobs, jump-start our economy that has clearly stalled. We are committed
to addressing those issues that affect America's working class, not
just the top 1 percent.
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