[Congressional Record (Bound Edition), Volume 154 (2008), Part 2]
[House]
[Page 2084]
[From the U.S. Government Publishing Office, www.gpo.gov]




 CONGRESS WORKS FAST TO ADDRESS ECONOMIC DOWNTURN, BUT MORE WORK NEEDS 
                               TO BE DONE

  (Mr. ARCURI asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. ARCURI. Mr. Speaker, the economic stimulus package that President 
Bush will sign into law today is a bipartisan victory for the American 
people. This broad-based stimulus package will provide tax relief of up 
to $600 per individual and $1,200 per married couple, plus an 
additional $300 per child. Recovery rebate checks could be sent out to 
130 million Americans as early as May.
  The stimulus package includes unprecedented tax relief for working 
families. The measure provides $32 billion in tax relief for 35 million 
families who work but make too little to pay income taxes, families who 
otherwise would not have been included in the recovery package. This is 
a critically important provision in the stimulus package because 
economists say that the tax rebates that include low- and moderate-
income families are 24 percent more effective as stimulus than rebates 
that leave these families out.
  Mr. Speaker, it is our hope that this stimulus package will help 
jump-start our economy so more Americans can live the American Dream.

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