Last week, the House passed the American Recovery and Reinvestment Act, working from priorities shared with President Barack Obama. This week, the bill is under consideration in the Senate.
There is growing bipartisan support among state and local leaders for this critical job creation measure. Today, Speaker Pelosi met with a bipartisan group of Mayors - representing cities from across the nation - to discuss the growing need for this economic recovery legislation.
A staggering 2.6 million American jobs were lost in the last year of the Bush Administration -- the culmination of a failed economic approach -- one that also doubled our national debt in eight short years. We need a New Direction.
- create and save 3 to 4 million jobs, rebuilding America, making us more globally competitive and energy independent, and transforming our economy for long-term growth.
- give 95 percent of Americans an immediate tax cut.
- Invest over $100 billion in roads, bridges, mass transit, flood control, clean water projects, and other infrastructure projects.
- invest quickly into the economy - 75% in the first 18 months.
The Recovery plan has unprecedented accountability measures built in--providing strong oversight, an historic degree of public transparency, and including no earmarks.
From the Mayors:
Mayor Manny Diaz (Miami, Florida)
“The economic news on Main Street is bad and is getting worse. Every day all of us have seen more and more people unemployed in our cities, more people losing their homes, small businesses that are ... closing their doors. Our people continue to suffer, and we're here to support the president's call for a stimulus package.” [CNN, 2/4/09]
Mayor Phil Gordon (Phoenix, Arizona)
“The stated objective is to create new jobs to stimulate the economy. I'm going to deliver that message personally that the best and fastest way …that will pay dividends back to the government and to generations to come is to put that money directly to the cities, the universities and the local sector.” [Arizona Republic, 2/3/09]
Mayor David Cicilline (Providence, Rhode Island)
“The most important part of this package is putting Americans back to work…This is about making an investment in jobs now while leaving something behind that creates new infrastructure for the future.” [Providence Journal, 2/4/09]
Mayor Jim Newberry (Lexington, Kentucky)
“Getting a recovery package passed is vitally important for Lexington and for many cities.” [NBC Channel 18, 2/4/09]
Mayor R.T. Rybak (Minneapolis, Minnesota)
“This plan will create jobs, stimulate the economy and rebuild our infrastructure to compete in the global economy of the 21st century.” [MinnPost, 2/3/09]
In the Papers:
The Leaf-Chronicle (Clarksville, Tennessee)
Estimate: Stimulus plan would create 75,000 jobs in Tennessee [2/4/09]
The Buffalo News (Buffalo, New York)
Stimulus goal: 228,000 New York jobs saved or created [2/4/09]