Schumer Calls for Quick Action on Economic Stimulus Measures

Source: Bloomberg

- Senator Charles Schumer of New York called for adoption of economic stimulus measures that will be ``timely,'' temporary and targeted to middle-class Americans rather than the wealthy.

Schumer, delivering the Democratic Party's weekly radio address today, accused President George W. Bush of taking a ``do-nothing approach'' to the nation's mounting economic woes, especially rising foreclosures and falling home values.

``We ask President Bush to take off his ideological handcuffs and work with us to develop legislation consistent with these three nonpartisan principles -- aiming relief at the middle-class and making that relief immediate and cost- effective,'' Schumer said.

Schumer said the actions shouldn't be limited to tax cuts. He urged adoption of new spending for measures such as extending unemployment insurance and ``longer-term investments such as in clean energy and infrastructure.''

Read more: http://www.bloomberg.com/apps/news?pid=20601087&sid=aDHH9SYsK6Ps&refer=home

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Schumer: Democrats Call on Administration to Work with Congress to Strengthen Our Economy
http://www.dnc.org/a/2008/01/schumer_democra.php

Yuh... that'll happen.

don't know what to call him... anyway THEY just might find out who he really is!! Like I just heard stuff about Tom Lantos, who I HAD felt was on MY side all these years!!!

and a complete cessation of the Illegal Occupation or Iraq and the war in Afghanistan.

The Treasury would start to fill again, the deficits start to shrink, the dollar would strengthen, and the crooks would go into hiding (preferably in lawless countries that would strip them of all assets, kill them, and put an end to our misery).

aiming relief at the middle class. Every single item is a non starter to the * admin. May as well talk to a rock. When will Dems finally realize that repubs work with no one but other repubs for their own self interest. Just saying.

More borrowing and currency creation, with no increases in tax revenue. I see gold at $1500/oz within a few months.