February 14, 2009 - 04:43 pm
News Feed: Oregon

DeFazio: Open Letter on the Economic Stimulus Package

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By Congressman Peter DeFazio. When the House passed the stimulus package two weeks ago, I cast a reluctant yes but only after an amendment to add $3 billion for transit was accepted. That was progress. But I said at the time the bill needed changes in the Senate and conference committee before I would support final passage. I particularly opposed the $300 billion in tax cuts added at the outset to capture Republican support and votes that didn’t materialize. Last year, we did $160 billion in tax cuts for the Bush “recovery plan”. We received a quarter of one percent...

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