[Congressional Record Volume 167, Number 39 (Tuesday, March 2, 2021)]
[Senate]
[Pages S965-S966]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CORONAVIRUS
Mr. SCHUMER. Mr. President, on COVID-19, as early as tomorrow, the
Senate will begin work on the American Rescue Plan. As the country
faces a series of historic challenges, we must meet the moment with a
historic response.
[[Page S966]]
Millions of jobs and trillions of dollars have been taken out of our
economy. Thousands of small businesses are holding on for dear life.
Tens of millions of Americans are struggling with the rent, groceries,
medicine, and utilities.
Only a week ago, the United States crossed the tragic milestone of
half a million deaths from COVID-19, a stark reminder that the pandemic
isn't done with us yet.
Over the past year, Congress has stepped up to the plate to pass
important relief measures, but the job is not complete. The American
Rescue Plan is designed to finish the job; to patch up the holes in our
economy and lay a foundation for recovery; to keep struggling
businesses, families, and workers afloat until brighter days appear on
the horizon; to send our children back to school as quickly and safely
as possible; and to defeat this evil disease once and for all.
That is what the American people sent us here to do. That is what our
government is for--not to sit back and wait for problems to fix
themselves, not to cross our fingers and hope the economy will recover
on its own. Our job is to end, through action, the current state of the
crisis and hasten the day when our country and all of our lives can
return to normal.
The bottom line, if you look at the trajectory, every time we put in
a relief bill--in March, the economy got better in June, and July. We
put a relief bill in December, and now the numbers look a little better
for January.
But the economy is not strong enough to sustain things on its own. We
need strong relief to get the economy going so it can continue on an
upward path on its own. That is what this bill is designed to do. I
fear--most economists, Secretary Yellen, Chairman Powell--if we do too
little or nothing, the economy could stay mired in recession for all
too long a time, just as it did when we didn't do enough in 2009, and
the economy stayed in recession for many years after the financial
crisis.
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