Politics

More Must Be Done to Begin to Reverse the Economic Mismanagement of the Past Seven Years

By Speaker Pelosi

While there is no quick fix to repair our struggling economy, more must be done to begin to reverse the economic mismanagement of the past seven years. Congress is prepared to work with the Bush Administration to help alleviate the serious economic hardship facing America?s families.

In contrast to the President, we believe that further decisive action is needed now. We must consider extending unemployment benefits, providing food stamp assistance, and providing targeted fiscal relief to states to avoid cuts to critical services. We must also do more to help families avoid foreclosure, which is why I am pleased that Chairman Barney Frank is leading this effort in the House.

I urge the Administration to carefully consider these proposals now before Congress and to again work with Democrats to restore consumer and market confidence and support hardworking American families.

Full post as published by The Gavel on March 17, 2008 (boomark / email).