[Congressional Record (Bound Edition), Volume 156 (2010), Part 3]
[House]
[Page 3025]
[From the U.S. Government Publishing Office, www.gpo.gov]




                             CREATING JOBS

  (Ms. WATSON asked and was given permission to address the House for 1 
minute.)
  Ms. WATSON. Mr. Speaker, during the 111th Congress, we have made 
great strides in creating jobs. The American Recovery and Reinvestment 
Act was the largest middle class tax cut in history. One year ago, the 
economy that was declining by 6 percent is now expanding at about that 
rate because of this significant program.
  The Recovery Act has already worked to save or create as many as 2 
million jobs, according to the nonpartisan Congressional Budget Office. 
In 1 year, the Recovery Act has provided $120 billion in tax cuts for 
95 percent of the working families as well as businesses across the 
country; loaned nearly $20 billion to small businesses to expand and 
create jobs; and funded more than 12,500 transportation projects 
nationwide; kept teachers, police officers, and firefighters on the 
job; and accomplished much more.

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