Here’s the full press release:
Today I voted in favor of (and the House of Representatives passed) the American Recovery and Reinvestment Act. This bill will create and save 3.5 million jobs, rebuild and renew our nation, make us more globally competitive and energy independent, and transform our economy. Most importantly, it will provide real tax relief to Americans who need it the most; 95 percent of American workers will receive an immediate tax cut.
With Oregon unemployment rising, it is imperative that we get the economy working again as quickly as possible. Across Oregon it is estimated that this package will create 44,000 new jobs. The economic downturn has wreaked havoc with the state budget, so I am pleased that this economic recovery package will provide hundreds of millions of dollars to help stabilize the state. It doesn’t solve the gaping budget hole in Salem, but this is money that no longer has to be cut from education and other vital services.
Oregon is known for the progress that we have made developing a new energy future, one that is critical if we’re going to protect the planet from the worst aspects of global warming while we developed a new sustainable energy future. The direct help in this legislation to provide certainty and stability for these emerging renewable energy companies is going to make a difference, not just in a cleaner, greener future, but for thousands of Oregonians with new jobs. Expanded economic opportunities and green jobs will help people save money and help save the planet.
Thousands of Oregonians have been added to the ranks of the uninsured, having lost their health insurance because of circumstances at work or they simply can no longer afford it. One of the most important aspects of this legislation is making it possible for tens of thousands of Oregonians to keep their insurance. it will provide direct assistance after they lose their job, to be able to make that health insurance payment, and protect their family while they prepare for the future.
All the experts will tell you what every family knows: investing in education is one best uses of our dollars. This legislation will make it easier for college students and their families to pay tuition with tax credits and increased Pell grants. There is money for school modernization, and billions of dollars in research is going to find its way to Oregon campuses. Being able to make it a little easier for our students, our teachers, and our communities will pay dividends for years to come.
Though it will take time to change the direction of our economy, this bill is a necessary first step in providing healthcare, jobs, and relief to Oregon families.
Member of Congress