“As the CBO analysis shows, the Recovery Act has lessened the effects of the worst recession in a generation and is beginning to help turn things around.

“The CBO found the Recovery Act is responsible for 600,000 to 1.6 million jobs and has raised GDP by 1.2 to 3.2 percent. Without the Recovery Act these jobs would have either disappeared or never existed in the first place and this positive economic growth would not have been possible.

“Our economy still has a long way to go and we will not rest until everyone who wants a job can find one, but the economy is no longer in a free-fall. Democrats in Congress showed real leadership by supporting the Recovery Act. Unfortunately, Republicans - the Party of NO -refused to offer an alternative. They stood on the sidelines as President Obama and Congressional Democrats took the steps necessary to reverse the economic decline they inherited after eight years of failed Republican economic policies. Now, by cheering for the Act’s failure, the GOP remains on the wrong side of history. As President Obama and Democrats continue to take steps to strengthen our economy, it’s time for Republicans to stop saying 'No', quit playing politics and start working with us on behalf of American families and workers.” Read More...

“As the CBO analysis shows, the Recovery Act has lessened the effects of the worst recession in a generation and is beginning to help turn things around.

“The CBO found the Recovery Act is responsible for 600,000 to 1.6 million jobs and has raised GDP by 1.2 to 3.2 percent. Without the Recovery Act these jobs would have either disappeared or never existed in the first place and this positive economic growth would not have been possible.

“Our economy still has a long way to go and we will not rest until everyone who wants a job can find one, but the economy is no longer in a free-fall. Democrats in Congress showed real leadership by supporting the Recovery Act. Unfortunately, Republicans - the Party of NO -refused to offer an alternative. They stood on the sidelines as President Obama and Congressional Democrats took the steps necessary to reverse the economic decline they inherited after eight years of failed Republican economic policies. Now, by cheering for the Act’s failure, the GOP remains on the wrong side of history. As President Obama and Democrats continue to take steps to strengthen our economy, it’s time for Republicans to stop saying 'No', quit playing politics and start working with us on behalf of American families and workers.”