Senator Webb: Senate Passage of Economic Stimulus Bill a Move Toward "Responsible Leadership"

Statement

Date: Dec. 15, 2010

Senator Jim Webb today praised the Senate passage of the Framework Agreement on Middle Class Tax Cuts and Unemployment Insurance as a "mark of responsible leadership that will move our country forward." The measure passed the Senate 81-19.

One of the first Democrats to publicly endorse the plan last week, Senator Webb issued the following statement:

"By coming together to pass this economic stimulus bill, Senators from both sides of the aisle demonstrated the type of responsible leadership that Americans demand and that will move our country forward.

I commend President Obama for his leadership in forging this agreement. The framework agreement for tax cuts and extended unemployment insurance shows great promise in reinvigorating our economy and putt ing people back to work. The proposal is the ultimate stimulus plan. It will put more money directly into the pockets of people and small businesses, allowing that money to be quickly recycled as the economy expands. It will provide greater certainty for business and investment planning and extend several programs that effectively serve working Americans and lower-income families. Failing to act now will result in higher taxes for almost all Americans starting on January 1st -- an unacceptable result for an economy that remains fragile and in danger of further job losses.

"No one will agree with every provision in the proposed agreement. The simple reality is that the American people, and particularly those who are out of work, cannot afford to wait while politics-as-usual blocks an effective, bipartisan plan to stimulate the economy and restore growth."


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