Pelosi Statement on Economic Stimulus Package Signed by President

'At a time when American families face enormous economic challenges, Democrats, Republicans, and President Bush joined together to move our nation forward and renew our nation's promise of jobs and opportunity for all.  By enacting a progressive stimulus package that provides tax relief to 130 million American families, the New Direction Congress has taken a strong step for creating hundreds of thousands of jobs and strengthening America's middle class.

'Americans struggling with the high cost of energy, groceries and health care will soon receive relief--and our economy will get a timely, targeted, and temporary boost--thanks to our bipartisan stimulus package.  This package gets money into the hands of Americans struggling to make ends meet, helps families with children, cuts taxes for small businesses that will create new jobs, and stimulates our slowing economy.  We are also providing families a second chance at the American dream of homeownership by helping them refinance their mortgages and avoid foreclosure.

'By working quickly across party lines, and with the White House, this Congress is building a strong record of responsible governance.'