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

biographical info

Hijacking Fears Cap Tumultuous Week In Britain

Soldier Lee Rigby

High-profile incidents have prompted an unusually widespread deployment of armed police officers across the country.

UN To Syria’s Neighbors: Keep Your Borders Open For Refugees

The Domiz Camp for Syrian refugees outside of Dohuk, Iraq.

Thousands of civilians fleeing the war-ravaged country remain stuck along Syria’s Iraqi, Jordanian, and Turkish borders.

Will There Be An End To The Perpetual War?

If we don’t fight for these changes now, they may never happen.

Obama To Visit Jersey Shore On Tuesday

The president will reunite with New Jersey Governor Chris Christie (R), who praised Obama’s response last year to Hurricane Sandy.

Most Adults Arrested In 5 Major Cities Tested Positive For Drugs

The percentages range from 62 percent in Atlanta to as high as 86 percent in Chicago.

Obama Addresses Military Sexual Assault In Commencement Speech

“Those who commit sexual assault are not only committing a crime, they threaten the trust and discipline that makes our military strong,” Obama said.