[Congressional Record (Bound Edition), Volume 156 (2010), Part 8]
[House]
[Page 10697]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          JOBS AND THE ECONOMY

  (Mr. WU asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WU. Mr. Speaker, inside the beltway, Republicans threaten to take 
us back to the failed policies that created this economic crisis in the 
first place. They are siding with the special interests, with credit 
card companies, with Big Oil, and with insurance companies. These 
failed economic and fiscal policies created the George Bush recession--
the worst financial crisis since the Great Depression, with job losses 
of nearly 800,000 per month.
  This Congress passed the American Recovery and Reinvestment Act, 
which is responsible for 2.8 million jobs saved or created, including 
jobs for teachers, police, and firefighters. More than a third of the 
bill was for tax cuts for 98 percent of Americans and for small 
businesses--the very people who suffered through 8 years of George W. 
Bush.
  This act is also rebuilding America with clean tech, clean energy, 
and 21st century jobs. Our passage of health insurance reform will 
create not only 4 million new jobs over the next decade, primarily in 
small businesses, but it will also unleash the potential of the 
American economy.

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