Following Today's Senate Vote on Obama Stimulus Package: Schumer: Federal Economic Stimulus Package Will be a Good Boost for Upstate New York - Senator Details Expected Impact on New York State

Press Release

FOLLOWING TODAY'S SENATE VOTE ON OBAMA STIMULUS PACKAGE: SCHUMER: FEDERAL ECONOMIC STIMULUS PACKAGE WILL BE A GOOD BOOST FOR UPSTATE NEW YORK - SENATOR DETAILS EXPECTED IMPACT ON NEW YORK STATE

Schumer Fought to Secure Direct Budget Aid for NYS and Localities; Education Funding; Infrastructure Dollars; College Tuition Tax Credit; and More in Senate Bill

Senator Outlines Details of Bill and Process Moving Forward; Vows to Fight to Make it Better, Restore Cuts in Conference

Schumer: Senate Economic Stimulus Package a Leaner, Tougher Bill That Eliminates Pork

Following today's Senate vote on the economic stimulus package, U.S. Senator Charles E. Schumer announced that the Senate version of the American Recovery and Reinvestment Act includes millions in direct budget aid for New York State localities - a provision Schumer fought to include; and critical funding for education, infrastructure, weatherization, an increased and enhanced college tuition tax credit and local law enforcement programs like the COPS program. Schumer said that though the stimulus package will certainly help alleviate the state's budget crunch, it won't eliminate the problems and tough choices county and state officials are going to have to make. Over the past several months, as Upstate New York counties face an historic budget deficit and the national economy continues to decline, Schumer has fought to secure the much-needed funding for the state in the Senate bill to help close budget gaps, create and save jobs, and stave off property tax hikes. Schumer vowed to continue to fight for the funding as the bill goes into a House-Senate conference, and said he would fight to restore the education cuts in the bill.

"The Senate economic stimulus bill will be very good for Upstate New York. The Senate bill is a leaner, tougher bill that eliminates much of the pork in the House bill and focuses on the three main functions of the Obama stimulus package: creating jobs, cutting taxes for the middle class, and building a stronger, more viable infrastructure project," Schumer said.

Schumer today detailed the many ways the economic stimulus package will help Upstate New York families and get the economy moving again.

BREAK IN TRANSCRIPT

Source