Conference Report On H.R. 1, American Recovery and Reinvestment Act of 2009 -- (House of Representatives - February 13, 2009)
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Mr. WELCH. Thank you, Mr. Chairman.
Mr. Speaker, President Obama understands something that every Vermonter knows, and that is that this economy faces the biggest challenge since the Great Depression. We have a very simple choice in Congress. It is to do nothing, as Herbert Hoover did, or it is to act boldly, as Franklin Roosevelt did.
This bill embraces the philosophy of Franklin Roosevelt that when the economy is deteriorating, people are losing their jobs, Congress must act to save jobs and rebuild our economy.
This bill is well-balanced and can provide 8,000 jobs in Vermont. It helps our taxpayers, property taxpayers and State taxpayers. It provides a safety net to the people who, through absolutely no fault of their own, lost their jobs. We owe it to them. And it provides investments in the future. Green jobs, health care information technology.
This is essential as a step to start revitalizing our economy and putting it in a growth path for the future.
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