Congressman Hodes Supports Economic Recovery Package
Washington, DC--- Congressman Paul Hodes today voted for the economic recovery package that will help create over 22,000 new jobs for New Hampshire, bring millions of dollars for infrastructure and road improvements, and provide tax cuts for small businesses and middle class families. The measure passed by a vote of 244-188.
Congressman Hodes released the following statement after the vote.
"We face the toughest economic challenge of our generation and hard working middle class families need help. This legislation creates millions of jobs. It will give Main Street the jump start it needs by investing in building infrastructure like roads, bridges and schools; providing tax cuts to small businesses so they can hire more employees, and putting a down payment on our future by investing in education. It will also help state and local governments invest in projects around New Hampshire that will help create jobs forGranite Staters.
While I am disappointed that my amendment to give cold weather states like New Hampshire additional time for road construction was not considered, I will continue to work to have the provision included.
This legislation is the right first step toward rebuilding our economy and helping middle class families across this country to recover from the economic disaster we face. Most importantly, it will create millions of jobs that Americans need and deserve."
Shea-Porter Hails Final Passage of Economic Recovery Package
Washington, DC - Congresswoman Carol Shea-Porter voted for final passage of the American Economic Recovery and Reinvestment Plan. This recovery package, which is expected to be signed into law by President Obama, will help jumpstart our economy, create millions of new jobs, and provide broad tax cuts for working Americans.
"This recovery package will create and protect New Hampshire jobs, build and repair local infrastructure and provide help for New Hampshire families and communities," said Congresswoman Shea-Porter. "I urge my colleagues in the Senate to swiftly pass this important piece of legislation."
The American Economic Recovery and Reinvestment Plan will:
· create and save 3 to 4 million jobs;
· give 95% of working Americans an immediate tax cut;
· invest quickly into the economy to get it moving again-75% of the package will be paid out in the first 18 months;
· double our nation's renewable energy production;
· help rebuild our crumbling roads, bridges, and schools, and bring high speed Internet to every community;
· invest in research and development to secure America's role as a world leader in a competitive global economy;
· protect vital services like law enforcement, education, health care, and nutrition assistance for families who now find they are struggling to make ends meet, and
· help those who have been hurt the most by the economic crisis by extending unemployment benefits, increasing food stamp benefits, and making it easier for those who lose their jobs to keep their health insurance.
The American Economic Recovery and Reinvestment Plan will benefit New Hampshire in the following ways:
· Highways and Bridges: $137 million
· Clean Water SRF: $58 million
· Head Start: $1.3 million
· Employment and Training: $4.1 million
· Energy Assistance: $7.7 million
· Elderly Nutrition Services: $1 million
This plan provides strong oversight, an historic degree of public transparency, and includes no earmarks. It will also save or create an estimated 22,000 jobs in New Hampshire by the end of 2010.
