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

Pentagon: No Decision Made In Bergdahl Case

The Defense Department dispelled claims made by NBC News that Bergdahl was found guilty of desertion.

Pentagon: U.S. Communicating With Houthis In Yemen

The U.S. is currently speaking with the group about its intentions in Yemen.

TRNS Interview: Execution Giving ISIS A Huge Advantage

ullman_harlan

TRNS speaks with Dr. Harlan K. Ullman.

Senate Will Not Move With Iran Sanctions Vote Until March 24

“We will not back a new sanctions bill at this time,” said Sen. Robert Menendez (D-NJ), who co-authored the sanctions bill.

Sen. Sanders Announces New Infrastructure Plan

The one-trillion dollar plan would potentially create 13 million jobs over a five year period

LISTEN: The World in 2:00 – January 27, 2015

The World in 2:00 continents logo

The UN celebrates the promised release of 3,000 child soldiers in South Sudan, Kurdish victory in Kobani and the AU considers fighting Boko Haram with peacekeepers.