[Congressional Record Volume 156, Number 29 (Wednesday, March 3, 2010)]
[House]
[Page H1034]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          RECOVERY ACT WORKING

  (Ms. WASSERMAN SCHULTZ asked and was given permission to address the 
House for 1 minute and to revise and extend her remarks.)
  Ms. WASSERMAN SCHULTZ. Mr. Speaker, I rise this morning to share some 
success stories from the 20th Congressional District in Florida that 
show that the evidence is clear that the Recovery Act is working to 
cushion the greatest economic crisis since the Great Depression and lay 
a new foundation for economic growth.
  In my State of Florida, we are creating jobs and investing in the 
infrastructure of our community. Indeed, in my district alone, there 
have been 130 Recovery Act grants that have been awarded. Even more 
importantly, in my congressional district, 61 small businesses have 
received more than $21 million in loans. These loans to small 
businesses have allowed companies to stay open, keep people employed, 
and prevented an even deeper economic downturn.
  Experts agree that the Recovery Act is already responsible for saving 
or creating 2 million jobs, and we remain on track to create and save 
at least an additional 3\1/2\ million jobs by the end of the year.
  The Recovery Act, to be clear, was never meant to replace dollar for 
dollar or job for job what we have lost. But 1 year in, experts ranging 
from private forecasters to Governors on both sides of the aisle say 
the Recovery Act has helped pull us back from the brink of economic 
disaster and is helping us lay a firm foundation for our economic 
recovery.

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