Rep. Gene Green Votes in Support of American Recovery and Reinvestment Act
February 13, 2009
Washington, DC - Rep. Gene Green today voted in support of H.R. 1, the American Recovery and Reinvestment Act (ARRA). This legislation will help Americans become more globally competitive and energy independent, modernize our infrastructure and healthcare systems, invest in the future of education, while providing unprecedented accountability and transparency. The American Recovery and Reinvestment Act was approved by a vote of 246-183, and will be sent to President Obama next week for his signature.
“Today, Congress took action and passed a responsible solution that will put America on the road to recovery,” said Rep. Green. “We are not looking simply to provide a crutch for Americans who have lost their jobs. Our investment in the workforce is designed to not only rebuild America, but to transform our economy for long-term growth and make Americans globally competitive in growing industries like green collar jobs, new energy markets, and health care information and technologies.”
The American Recovery and Reinvestment Act will create and save 3 to 4 million jobs and prepare our economy for long-term growth. This legislation focuses on the struggling economy today and on creating a sustained workforce for tomorrow. ARRA includes strong oversight and public transparency. More than three quarters of all Americans favor this legislation.
“Right now Texas has an unemployment rate of 6 percent, and it is estimated that the Recovery package will create or save over 269,000 jobs in Texas alone,” said Green.
A staggering 3.6 million American jobs have been lost since this recession began in December 2007. High unemployment and rising costs have outpaced Americans’ paychecks. The Recovery Act will help workers train and find jobs, and help struggling families make ends meet. Every dollar in unemployment or food stamp creates at least $1.63 in economic activity, as these funds are spent quickly. 95 percent of Americans will receive an immediate tax cut.
This jobs and economic recovery act contains plans to create or save 269,000 jobs in Texas over the next two years, provide a “Making Work Pay” tax cut of up to $800 for over 8 million workers and their families immediately, and modernize the state’s infrastructure and create jobs with an extra $2.8 billion dollars in funding.
“We cannot afford to wait. Our economy is crumbling, workers are being laid off, people are losing their health insurance, and families are finding it harder and harder to make ends meet,” said Rep. Green. “This legislation will start us back on the right track by looking out for those who have been most affected, and by broadly investing in multiple sectors of our economy. It will take time to turn this economy around, but I am confident that this package will make our economy stronger.”
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