Crowley Praises House Passage of Comprehensive National Economic Recovery Plan

January 28, 2009
Press Release

“With the economy in a downward spiral, New Yorkers and the nation cannot afford inaction or partisanship.  This package is all about goal number one: jobs, jobs, jobs,” said Congressman Joseph Crowley.  “We lost a staggering 2.6 million American jobs in the last year of the Bush Administration, and it is clear we need to take the nation in a new direction.  These critical investments will put New Yorkers back to work, cut taxes for middle-class families, renovate our nation's crumbling infrastructure and invest in our most important commodity – our citizens.  My constituents in Queens and the Bronx are hurting like many across the United States, and our greatest responsibility as their representatives in Congress is to help jumpstart our economy and help them through this crisis.”

The American Economic Recovery and Reinvestment Act (H.R. 598) will:

  • create and save an estimated 3 to 4 million jobs, rebuilding America, making us more globally competitive and energy independent, and transforming our economy for long-term growth.
  • give 95% of Americans an immediate tax cut.
  • invest in over $3 billion in infrastructure projects for New York within 90 days of enactment.
  • provide at least 20 additional weeks of unemployment benefits to New York workers.

The Senate is expected now to consider the economic recovery package next week.  Congressman Crowley is a member of the exclusive House Committee on Ways and Means that crafted the tax, health, and unemployment extension provisions of the bill.
 

# # #

Snapshot of Benefits for the State of New York in The American Economic Recovery and Reinvestment Act
 

 

Infrastructure Investment (including highways, mass transit, waterways)

$3,390,074,507

State Fiscal Stabilization Fund

$3,991,858,000

Title I (education funds for school districts)

$1,159,446,000

Education for Disabilities

$835,290,000

Educational Technology State Grants

$83,327,052

Education Modernization, Renovation, and Repair

$1,632,794,000

Head Start

$41,533,806

Child Care & Development Block Grant

$96,785,640

Community Services Block Grant

$86,788,002

Low-Income Home Energy Assistance (HEAP)

123,606,417

Elderly Nutrition Services

$10,097,688

Preventive Health and Health Services Block Grant

$21,719,575


 

###