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Speech
February 10, 2009
“Tomorrow, a flag will fly over the Capitol in honor of John Dingell's accomplishment of becoming the longest-serving Member of the House of Representatives."
Press Release
February 10, 2009
“The Obama Administration's comprehensive financial system stabilization plan recognizes the need, for the first time at the presidential level, to address foreclosures systematically and effectively."
Blog Post
February 10, 2009
The Obama Administration's comprehensive financial system stabilization plan recognizes the need, for the first time at the presidential level, to address foreclosures systematically and effectively.

Restoring the flow of credit to consumers and small businesses, helping homeowners avoid foreclosure, and increasing transparency and accountability to taxpayers are all essential for the stability of our financial system and for our eventual economic recovery.

The President's plan hits the right notes and builds on Congress' efforts to bring transparency and accountability to this process. Congress and the Administration are also united in our commitment to provide substantial housing foreclosure assistance to people most in need. This commitment must move quickly to action.

Blog Post
February 9, 2009
There is no time to delay. The American people need action on the economy now. Despite the worsening economic crisis, Republican leaders in Congress keep saying 'No' to legislation designed to help speed relief to America's families, workers and small businesses.

"What...will give us a shot in the arm going forward is...just saying no."

-- House Republican Whip Eric Cantor [Washington Post, 2/9/09]

OUT-OF-TOUCH REPUBLICAN LEADERSHIP

Press Release
February 6, 2009
“This morning's startling job loss numbers show why it is imperative that the Congress act immediately to pass the American Recovery and Reinvestment Act to stem the rising tide of unemployment and get Americans back to work. The economic recovery package will create and save more than 3 million jobs and put America back on more solid economic footing."
Blog Post
Blog Post
February 6, 2009
This chart compares the job loss so far in this recession to job losses in the 1990-1991 recession and the 2001 recession -- showing how dramatic and unprecedented the job loss over the last 13 months has been. Over the last 13 months, our economy has lost a total of 3.6 million jobs -- and continuing job losses in the next few months are predicted.

By comparison, we lost a total of 1.6 million jobs in the 1990-1991 recession, before the economy began turning around and jobs began increasing; and we lost a total of 2.7 million jobs in the 2001 recession, before the economy began turning around and jobs began increasing.

Articles
February 6, 2009
"As long as we're about to spend gazillions to stimulate the economy, I'd like to suggest we throw in another $53.5 million for a cause dear to all business journalists: economic literacy. And what better place to start than right here in Washington."
Articles
February 6, 2009
"Spending is stimulus, no matter what it's for and who does it. The best spending is that which creates jobs and economic activity now, has big payoffs later and disappears from future budgets."
Blog Post
February 6, 2009
Today, the Department of Labor announced American job losses totaled 598,000 in January--the worst month of job losses since 1974 and the 13th straight month of job losses. They also announced the unemployment rate hit 7.6%, its highest point in 16 years.

Speaker Pelosi: