WASHINGTON (CNN) – In wake of the new jobs report, Speaker Pelosi and other House Democratic leaders are calling on President Bush to work with Congress on another economic stimulus package.
"Today’s disturbing unemployment numbers, combined with Chairman Bernanke’s recession warning, and threats to our standard living because of the rising costs of gas, groceries and health care compels the President to work with Congress on a second stimulus package to get our economy back on track, create jobs, and speed assistance to families struggling to make ends meet,” Pelosi said in a written statement.
Pelosi added, “When congressional leaders meet with the President next week, I will urge him to refocus his attention on America’s economy and to again work in a bipartisan manner on a new stimulus package. We need to work together to restore consumer and market confidence, to assist millions of Americans threatened with the loss of their homes, and to help families meet the rising costs of necessities
House Democratic Caucus Chairman Rahm Emanuel, D-Illinois, said, “We need an economic program that rebuilds America and offers real help to the middle class. The Democratic Congress will now begin work on a second stimulus package to help American families and get our economy back on track.”
A Democratic leadership aide says House leaders have been discussing the need for another stimulus, but have not reached any decisions on what they want included in it. Some measures likely to be considered include funding for infrastructure projects, unemployment assistance, and food stamps.
A House GOP leadership aide said it’s too early to talk about another stimulus bill. “It's still a couple of weeks until the checks from the last stimulus bill hit people's mailboxes. If they [the Democrats] have ideas on things to help the economy we're happy to talk to them, but we see no need for additional legislation at this point.”
Congressional sources note that bipartisan Congressional leaders are already scheduled to meet with President Bush on Wednesday afternoon at 3 p.m. Earlier this week, Speaker Pelosi called on the President to schedule a high-level meeting on the economy soon.
NO MORE GIVE AWAYS!!!!!!!!!!
If Clinton doesn't get the nomination, I will do my part to help the debt of this country by voting for McCain. Let him put the skids on all the welfare give aways.
Nancy relax already! Don'r jump the gun just yet, let some of this play out, it will bottom out soon. All your doing is trying to set it up in the future for the tax payers to pay for these "stimulus" crap. Don't try to be anything more than you are...an idiot!
Someyimes we need to weather some of these things. The little bit the average person isn't worth all of the emotion your trying to generate over this issue. SO do us all a favor and shut your beer hole and quit the job you have so we don't have to see your old wrinkled face!
The caucus and / or faction to decide on policy of an emergency meeting in the economy is more important to Pelosi and Congress than to have a franchise of the American people in Michigan and Florida the right to vote.
LOL at "Sensible"'s comment above !! Good one :)
Wait till Obama gets through giving all our money to Africa.
Helping home owners...
You mean helping the 0.1% of homeowners who bought houses well outside their means with adjustable rate mortgages. You want to give them some help holding their 500,000 dollar California dream homes, but the 99.9% living everywhere else...yeah they should pay their mortgage and then pay taxes to the guy living in the McMansion. BRILLIANT
How about keeping all the money you earn for a year, that would be a nice stimulus package. NO TAXES, we will be able to pay for gas, groceries, get out a debt faster and then spend some.
STOP THE WAR NANCY – and otherwise, please keep your mouth shut...especially about the election
A second one??? Before you even see the effect of the first??? Pelosi, Botox has gone to your brain !
The retardation of our government has got to be reaching a peak. I wish there was a way to short it and make some money...
Don't get me wrong, I'd love some more money in my pocket courtesy of our government, but they don't have the money to give. So they'll just print it, which will cause inflation equal to the aggregate amount of stimulus, thus leaving the average person no better off, if not worse. But whatever wins elections, I guess....
Maybe some day these currupt incompetent leeches will realize that the only way to stimulate the economy is to cut government spending and lower government regulations, not to print money and mail it to people.
Sure, when you have a gaping gunshot wound....you don't try another band aid when the first one just slides off...you go to the emergency room and get immediate surgery.......another stimulus package? We need alot more then another stimulus plan....we need a huge economic overhaul. I don't think congress or the Presidip (not a typo) is up to it!
Look, another stimulus package will not help matters any. The only way to get this economy back on track is with a different President. Arranging another stimulus will only put another band-aide on the situation. The economy is an extensive wound which needs stiches and excessive healing. As our economy sits it will never heal if we keep putting band-aides on it. It will just keep bleeding. We need to get to the source and arrange for a long term goal to get this economy back on track to a healing point. And that wont happen until we get a President that really cares about the economy.