Congressman Cuellar Supports $60.8 Billion Economic StimulusLegislation makes immediate investments in transportation and public school infrastructure
Washington,
September 26, 2008
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Annie Boehnke
((202) 225 - 1640)
During this time of economic uncertainty, U.S. Representative Henry Cuellar voted today in favor of the Job Creation and Unemployment Relief Act, H.R. 7110, a $60.8 billion economic stimulus package aimed at growing our economy and creating jobs through investments in our nation’s infrastructure. The stimulus package passed the House by a vote of 264 to 158. In order to have an immediate effect on the economy, H.R. 7110 would make investments into infrastructure projects that can begin quickly, meet existing needs and create jobs. Projects to improve highways, water sources and public schools would effect short-term benefits by creating demand for local labor and supplies while generating long-term improvements to our infrastructure. Specifically, the bill would provide:
The bill would provide $2.6 billion for a temporary increase to the food stamp program to address rising food costs for seniors, people with disabilities and very poor families with children. Texas would receive $245 million of this allotment, which would effect a projected $450 million economic impact on local economies in Texas. Research by USDA and by an independent economist suggests that $1 in food stamps generates between $1.73 and $1.84 in local economic activity. |