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Smith Hails Enactment of Rescue Package

Press Release

Location: Washington, DC

Smith Hails Enactment of Rescue Package
Smith Says Package Puts Economic Security of Oregonians Ahead of Partisanship

Today, Senator Gordon H. Smith issued the following statement regarding the enactment of the Economic Stabilization Package:

"Today's passage and enactment of this rescue package will help every Oregonian with a savings account, retirement plan, car loan, student loan, farm loan or mortgage. This was a bipartisan effort to protect Main Street from the greed of Wall Street, while demanding CEO accountability, protecting tax payers and homeowners, and eliminating golden parachutes. Congress now must hold accountable those who created this mess and ensure taxpayers get a fair return of their investment.

This legislation also includes vital tax relief for Oregonians - saving the typical Oregon family about $2,000 a year. Oregon will also benefit from tax credits that will help put our state on a path to energy independence, such as expanding opportunities for solar, wind, wave and biomass industries."

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