Washington, D.C. – Congressman Dave Reichert (WA-08) commented on the passage of today’s economic stimulus package, which passed the House 385-35.

“This package is not perfect, but it does put taxpayer money back in the pockets of taxpayers, where it belongs. Tax relief for middle America and small businesses promotes growth and creates jobs. The financial success and well-being of Washington families and businesses depends heavily on free trade agreements, with one out of every three jobs in Washington State dependent on trade. We must continue to negotiate free and fair trade agreements. They are critical.

“Returning money from Washington, D.C. to America’s families and workers is the right thing to do. We must restore Americans’ lagging confidence in our economy, making tax cuts permanent, especially the state sales tax deduction that affects every single Washington State taxpayer. The last thing we should ever do is raise taxes on hard-working Americans. If Congress does not act, Americans will soon see the largest tax increase in history. Tax cuts allow hard-working individuals to control their own money while increasing revenues for the government.”

The stimulus would provide immediate tax rebates of $300-$1,200 for eligible taxpayers. It would also extend deductions for businesses to improve their facilities and operations and offer targeted, government-backed lending to first-time homebuyers.

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