[Congressional Record Volume 155, Number 115 (Tuesday, July 28, 2009)]
[House]
[Page H8880]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




THE AMERICAN RECOVERY AND REINVESTMENT ACT IS STABILIZING THE AMERICAN 
                                ECONOMY

  (Mr. ALTMIRE asked and was given permission to address the House for 
1 minute.)
  Mr. ALTMIRE. Mr. Speaker, the Dow is back over 9,000, and new housing 
starts have seen their largest monthly increase in 9 years. While, 
overall, the Nation's financial indicators remain mixed, there is a 
growing body of evidence that the American Recovery and Reinvestment 
Act has helped stabilize our economy. Because of the stimulus, more 
than 95 percent of American families have seen their taxes cut, and 51 
million seniors and veterans have received their $250 relief payments 
in the mail. More than 38,000 stimulus-funded projects are already 
under way, many of which have come in under budget.
  The American people can visit recovery.org to see how every penny has 
been spent. Only 4 months into the 2-year recovery package, already we 
are seeing results. While the road to recovery is long, we have clearly 
taken the first steps, and we are finally headed in the right 
direction.

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