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Press Release

FOR IMMEDIATE RELEASE

CONTACT OFFICE OF PUBLIC AFFAIRS

February 7, 2008

202-482-4883

Gutierrez Praises Economic Stimulus Approval by Congress

WASHINGTON—Commerce Secretary Carlos M. Gutierrez today praised final approval of the economic stimulus package:

"This economic stimulus package will quickly put cash into consumer hands and provide a needed boost to the economy. Our growth continues, but at a slower pace. The President was right on target with both his proposed plan, and also the effort that he and Secretary Paulson made to quickly work in a bipartisan fashion with Congress. While this stimulus package will help in the short term, over the medium to long term we need to continue to nurture a pro-growth, pro-jobs environment of less taxes, less regulation and more export opportunities. I congratulate Congress on moving quickly to pass this package."