[Congressional Record Volume 156, Number 11 (Wednesday, January 27, 2010)]
[House]
[Page H393]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      REBUILDING AMERICA'S ECONOMY

  (Mrs. CAPPS asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Mrs. CAPPS. Mr. Speaker, one year ago, our economy was on the brink 
of collapse; Wall Street was in a downward spiral, credit markets were 
completely frozen, and more than 700,000 Americans were losing their 
jobs every month. But President Obama and the Democratic-led Congress 
responded quickly and responsibly with historic measures. These 
measures may be unpopular, unpleasant, and expensive, but they have 
worked.
  I have been meeting recently with business, labor, and community 
leaders throughout my district to get a better sense of how the 
recovery is working for Main Street. My constituents have made it clear 
to me that we have made great progress. Financial and housing markets 
have stabilized, monthly job losses have abated, and banks have begun 
to lend again. However, they also made it clear that they need more 
help, and that's why this Democratic-led Congress has passed the Jobs 
for Main Street Act in the House.
  This plan builds economic opportunity for the long term, creates new 
jobs that are sustainable for years ahead, rebuilds our infrastructure, 
creates new energy sources, and develops the new technologies and 
innovative products that we and the world want to buy. We are committed 
to rebuilding America's economy, putting Americans back to work and 
ensuring our Nation's economic future.

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