Press Release ● Jobs and Economyfacebooktwitterbirdemail
For Immediate Release: 
February 11, 2009
Contact Info: 
Katie Grant
Stephanie Lundberg
(202) 225 - 3130

WASHINGTON, DC - House Majority Leader Steny H. Hoyer released the following statement tonight regarding the American Recovery and Reinvestment Act now being discussed by the conference committee:

"The compromise economic recovery legislation is a victory for the country and for the American people.  While it does not contain everything included in the House bill, it will have a real, positive effect on our economy and help people hurt by this recession.

"This bill achieves the three goals we said are necessary to begin addressing this economic downturn.  It creates or saves 3.5 million jobs, provides immediate tax relief for 95% of American families, and lays the foundation for long-term economic growth.

"At this point, House Floor timing for the conference report has not been determined.  The schedule will be set pending the conclusion of the conference committee meeting."