Hoyer Statement on CBO Analysis of Economic Recovery Package

For Immediate Release:

January 26, 2009

Contact:Stacey Farnen Bernards
(202) 225 - 3130

WASHINGTON, DC – House Majority Leader Steny H. Hoyer (MD) released the following statement today after the Congressional Budget Office (CBO) released their first score of the entire American Recovery and Reinvestment Act:
 
“The analysis of the American Recovery and Reinvestment Act released today by the Congressional Budget Office shows that the recovery plan will provide an immediate boost to our economy, while also ensuring long-term economic stability and growth to prevent our nation from slipping back into a recession.  This is in line with our objective of creating and saving 3 to 4 million jobs and limiting the impact of this recession. 
 
“I intend to work with President Obama as the bill moves forward to look for more ways to increase the amount of funds that can be spent as quickly as possible.”
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