Senate Democrats

Reid Statement In Response To Testimony By Chairman Bernanke On Second Economic Recovery Package

Washington, DC—Senate Majority Leader Harry Reid made the following statement today regarding testimony by Chairman of the Federal Reserve, Ben Bernanke, in support of a second economic recovery  package:

"I am pleased that Chairman Bernanke agrees with congressional Democrats about the value of an economic recovery package to help create jobs and increase economic growth.  I hope his testimony will convince President Bush and congressional Republicans that it is time to stand up for hard-working Americans who continue to struggle throughout the nation, not just bankers on Wall Street. Given the serious economic problems we face, much more must be done to revive our economy and strengthen the middle class."