Pelosi: Recovery package is fiscally sound

Following a Democratic Steering and Policy Committee listening session on the economy, Speaker of the House, Nancy Pelosi (D-Calif.) said that "it is very clear that as we implement our recovery package, we must make sure that it works. And again, confidence is a big part of that investment that we have made. And we also must make sure the public understands this is a very fiscally sound package. The choices that were made in it were to create jobs, jobs, jobs and jobs and jobs as soon as possible and jobs over a period of time to stabilize the economy.” Pelosi emphasized that the baseline for spending has not been raised, but rather the stimulus is targeted in a time frame to make the difference. (1:01) Listen

Following a Democratic Steering and Policy Committee listening session on the economy, Speaker of the House, Nancy Pelosi (D-Calif.) said that “it is very clear that as we implement our recovery package, we must make sure that it works. And again, confidence is a big part of that investment that we have made. And we also must make sure the public understands this is a very fiscally sound package. The choices that were made in it were to create jobs, jobs, jobs and jobs and jobs as soon as possible and jobs over a period of time to stabilize the economy.” Pelosi emphasized that the baseline for spending has not been raised, but rather the stimulus is targeted in a time frame to make the difference. (1:01)
Listen

About TRNS Washington Desk

View all posts by TRNS Washington Desk
TRNS Washington Desk
News updates from on and around Capitol Hill.

No comments yet.

Leave a Reply

7.8 Earthquake Hits Capital City Of Nepal, Death Toll Exceeds 1,500

With a population of 700,000, the earthquake has left the capital city of Kathmandu in rubbles with many still feared trapped and missing

LISTEN: The Weekend Ahead – April 25-27, 2015

The Day Ahead Logo

White House correspondents enjoy their yearly gala on Saturday, the world’s least happy nation votes for its president and a major EU-Ukraine summit begins Monday.

Holder Bids Farewell

“This is something that has meant the world to me, it has helped define me as an individual and as a lawyer, as a man,” Holder said in his farewell speech.

Statue Of Liberty Evacuated

Statue of Liberty

The monument was evacuated after a reported suspicious package was discovered on the grounds.

Mitt Romney On Clinton Foundation Donations: ‘It looks like bribery’

Presidential candidate Hillary Clinton is facing criticism over money donated to her family’s foundation while serving as Secretary of State in trade for approved uranium sales

A Century Later, White House Will Not Call Armenian Murders “Genocide”

A 1947 photo of the original United Nations Convention on the Prevention and Punishment of the Crime of Genocide.  UN Photo.

“I know there are some who are hoping to hear different language this year and we understand their perspective,” White House Deputy Press Secretary Eric Schultz said.