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

Wednesday, July 1

● Court affirms Apple e-book price-fixing decision

● Chemical warfare test subjects are entitled to Army care

● Judge dismisses suit against Catholic hospital

● Making Chad whole again

● Crop outlook: More soybeans, less corn

● Cardiac arrest survival depends on location

Interview: Trans-Awareness Group Blocks Traffic In Front Of White House

Trangender flag

“The president does not need to use the dysfunctional and costly and definitely unnecessary detention of LGBT people who we know cannot be protect by DHS,” Felipe Sousa-Rodriguez told TRNS.

Bon Jovi Gave Christie Permission To Use His Music

“My friendships are apolitical,” Bon Jovi said. “I absolutely gave him permission to use my songs.”

Bobby Jindal Sued For Marriage Executive Order

The order protects individuals or businesses who oppose same-sex marriage for religious reasons from government action.

Anti-Climb Fence Modification To Begin At White House

The anti-climb feature will consist of sharp metal points throughout the fence and will be used temporarily while a long term solution is implemented.

Obama: America Needs Export-Import Bank

“Congress is taking a step backward,” said President Barack Obama in an op-ed for the Boston Globe.