Rep. Kind Votes to Send Economic Stimulus Package to the President
Again Urges Bush to Also Take Action to Lower Gas Prices
Washington, D.C. –U.S. Rep. Ron Kind (D-WI) today joined a majority in the House to send an economic stimulus package to President Bush for signature. He made the following statement:
“I am pleased and Democrats and Republicans came together to act quickly on this economic stimulus package. The Senate was able to make some good additions, and now we are able to put money back in the pockets of low-and middle income families, seniors, and disabled veterans.
“The tax rebate and business measures included in this bill will help put a shot in the arm of our lagging economy. While no stimulus measure can make up for seven years of misguided economic policies – this is a good start, providing immediate help to those who need it the most.
“But there is another action that the President can take immediately to stimulate the economy: temporarily suspend purchases of crude oil for the Strategic Petroleum Reserve. The Reserve is already 95 percent full, but the Administration continues to fill it with high priced oil – taking it off the market and driving up costs for consumers.
“Record-high gas prices are putting a huge strain on families, and this action could by some accounts bring down the price of gas by 25 cents a gallon. That is an economic stimulus that will benefit everyone – and I urge President Bush to take this action immediately.”
Rep. Kind sent President Bush a letter requesting he temporarily halt purchases to the Strategic Petroleum Reserve on January 22, 2008. The full text of the letter is attached.