[Congressional Record Volume 155, Number 154 (Thursday, October 22, 2009)]
[House]
[Page H11586]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    ECONOMIC RECOVERY BY THE NUMBERS

  (Mr. MORAN of Virginia asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. MORAN of Virginia. Mr. Speaker, through their words and votes, 
the Republican Party has been urging the American people not to stand 
in the way of a Great Depression. They unanimously voted against the 
President's economic stimulus package. But let me quote the nonpartisan 
economist, Robert Samuelson, this week. He says: In early 2009, 
consumer and business spending was collapsing. The stimulus has helped 
stabilize the economy. It has saved jobs that otherwise would have been 
lost. And interest rates didn't rise.
  Now, there's obviously work still to be done. The numbers show, 
though, that we averted an economic depression and put our economy on a 
path toward recovery. We know that that road to recovery is long, but 
it's clear that things are starting to turn around.
  A million jobs have been created or saved by the Recovery Act; 
250,000 education jobs; 30,000 jobs created or saved by businesses that 
received Federal contracts from just a small part of the Recovery Act; 
and 500,000 responsible homeowners have signed up for the foreclosure 
prevention program.
  Mr. Speaker, this stimulus investment is working and it deserves 
bipartisan support.

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