
FOR IMMEDIATE
RELEASE
Contact: Adriana Surfas
Friday, May 2,
2008
(202) 225-3661
DeLauro:
2nd Stimulus Package Needed to Get Economy Growing
“As
the economy shed jobs for the fourth month in a row, we are clearly feeling the
full effect of President Bush’s failed economic policies. This month
employment is down 20,000 – bumping up the total job losses this year to over
a quarter of a million jobs – with the construction and manufacturing sectors
continuing to be hit hard – dropping another 110,000 jobs.
“While
families in Connecticut and across the country will begin to receive their
rebate checks from the stimulus plan, which Congress moved quickly to pass
earlier this year, these families still face rising fuel and food costs.
For many families this means cutting back on other purchases. The
housing market continues to raise concerns – there has been a drop in home
sales and prices that, unfortunately, does not seem to be abating.
“That
is why my colleagues and I in Congress are looking at a second economic recovery
effort with a balanced set of economic stimulus measures beginning with
extending unemployment insurance providing relief to homeowners facing lost
value in their homes or foreclosure, funding infrastructure projects which
create highway construction jobs, and helping American families make ends meet.
“Working
together, we can get this country’s economy back on-track.”
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