Pelosi: Economic Report a Clear Signal for Republicans to Drop Opposition to Economic Recovery Package

December 1, 2008
Press Release
Washington, D.C. - Speaker Nancy Pelosi issued the following statement today in reaction to the National Bureau of Economic Research's announcement that the American economy entered recession in December 2007.

"Today's report from the National Bureau of Economic Research comes as no surprise to America's families and underscores the need for immediate, bipartisan action to create jobs and get America moving again.

"The report is a clear signal to President Bush and Senate Republicans to drop their opposition to the House-passed economic recovery package that will help lift our economy and begin creating jobs again.

"Congress will continue our commitment to new jobs and opportunity by working with President-elect Obama to enact bold economic recovery and job creation legislation in January that will cut taxes, invest in a cleaner and independent energy future, rebuild and modernize schools, roads, and bridges, and expand 21st century communications and energy infrastructure across the nation."