[Congressional Record Volume 156, Number 16 (Wednesday, February 3, 2010)]
[House]
[Page H477]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
IN SUPPORT OF THE PRESIDENT'S FY 2011 BUDGET REQUEST
(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, on Monday the President unveiled his budget
to help restart our economy and get our deficit under control after
years of mismanagement by the previous administration. As we make the
hard choices that are needed, we must remember where we started. When
President Obama was sworn into office, our economy was on the brink of
collapse, 700,000 Americans were losing their jobs every month, and our
financial and housing markets were in free-fall.
Working with Congress, President Obama took immediate and
extraordinary steps to repair this economic and fiscal mess that he
inherited. A year later, our economy is slowly but surely recovering
but too many families continue to struggle. Unemployment remains
unacceptably high. That's why job creation and economic recovery are
the central focus of the President's budget. It requests $100 billion
for a job creation package to help small businesses access credit and
hire new workers.
It also invests in education, clean energy and our infrastructure,
all essential for our long-term economic vitality. Finally, the
President takes the first steps toward restoring the fiscal
responsibility that had been lost in the past decade.
Mr. Speaker, after the mess we've inherited, we clearly have our work
cut out for us, but the President's budget provides us with a good
blueprint to meet these huge challenges.
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