Washington, D.C. – Today, with Rep. Schwartz’s support, the U.S. House passed the American Recovery and Reinvestment Act by a vote of 244 to 188. This bold legislation will create and save 3 to 4 million American jobs, provide 95% of American workers an immediate tax deduction, and make investments in innovation in healthcare, education and energy. These investments are all designed to address not just America’s short term economic crisis, but to rebuild our economy for long term growth.

Schwartz’s statement concerning the recovery act follows below.

“The people of my district – like all Americans – are both worried about the economic challenges facing our nation and optimistic about the future under our new President. 

“They know that swift, meaningful action is needed to restore confidence in our markets, save jobs, and rebuild our economy.

“By passing this economic recovery plan, we take an important step to addressing the needs of the people and industries most affected by the current downturn and in supporting the innovation necessary to drive our economy in the future. Investments made today in energy independence, educational advancement, and improvements in quality and efficiency in health care are critical to America being able to meet the challenges ahead. “
 

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