[Congressional Record (Bound Edition), Volume 155 (2009), Part 5]
[House]
[Page 6751]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       ECONOMIC STIMULUS PACKAGE

  (Mr. COHEN asked and was given permission to address the House for 1 
minute.)
  Mr. COHEN. Mr. Speaker, we have had a change in America. We have gone 
from a previous President who for 8 years didn't believe in regulation 
and believed in tax cuts, which led us to the greatest economic crisis 
which we have faced in this country in 76 years, to a President who 
believes in regulation and believes in stimulating the economy.
  There are two ways you can help get the economy moving. One is 
monetary policy and the other is fiscal. Right now the only way we can 
do it is fiscal because monetary has gone down to about zero. We have 
done all we can do with monetary. So the stimulus package, the Recovery 
Reinvestment Act, is what America needs. Some would suggest we haven't 
done enough. Mr. Krugman suggests that. I tend to agree with him. But 
the fact is we can only get three Republican votes in the Senate, one 
vote more than we needed for the bill in the Senate, so you get what 
you can get from the Senate.
  I support my President because he has a policy and a program that 
will get us out of this recession and move America forward to being the 
great national and international leader that we need to be in the 21st 
century, and we can only do that by supporting our President with a 
stimulus package.

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