Earlier this year, the Democratic Congress worked with President Obama to enact the American Recovery and Reinvestment Act (the Recovery Act) in an effort to rescue, rebuild, and strengthen our struggling national economy. Eight years of failed fiscal policies and misguided economic priorities had left our national economy on the brink of disaster, and now – only nine months later – our economy is on the brink of recovery. The Recovery Act and the efforts of American businesses and workers made this progress possible.
Despite this encouraging news, Democrats know that many Americans are still struggling, and unemployment – a lagging economic indicator – remains far too high. In response, Democrats are working to create and save millions of jobs with Recovery Act dollars and tax relief. Already, with more than half of the dollars yet to be spent, the recovery package has provided for more than one million jobs and the rate of job loss has slowed significantly. As we look toward the future, Democrats believe that the Recovery Act, combined with the American work ethic and ingenuity, will continue to make a difference for American families and will deliver on its promise to rebuild our economy and get Americans back to work.
To see how the Recovery Act is creating jobs and making a difference in your state, click below.