Today Congress Took Bold Action
to Create Jobs
Congresswoman Dina Titus
of Nevada’s Third District released the following statement today (February 13,
2009) on the American Recovery and Reinvestment conference report which passed
by a vote of 246 to 183.
“Today, this Congress
took bold action by passing an economic recovery plan that will create or save
3.5 million jobs across the country at a time when we face unprecedented
economic challenges. In Nevada, unemployment is above 9 percent and we lead the
nation in the rate of foreclosures. Gaming revenue dropped 10 percent last
year, and high costs from health care to a college education are stretching
families to their limit.
“With this critical
legislation, we are beginning the long and difficult process of restoring our
economic security and putting our economy back on the right track. In my
district alone, this plan will create or save more than 11,000 jobs, and 34,000
jobs statewide.
“The plan makes
much-needed investments in our aging infrastructure and can help bridge the
growing budget gap that threatens vital education programs. With one of the
biggest tax cuts in history, it provides 95 percent of Americans with tax relief
and will help Nevada diversify our economy with tax incentives for renewable
energy, making us less dependent on the tourism and gaming industry. And with
unprecedented accountability and transparency measures, the American people will
know that the money will be spent wisely and effectively.”
Key Funding Provisions
in the American Recovery and Reinvestment Act
