News From… Congressman Dennis Cardoza
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FOR IMMEDIATE RELEASE February 7, 2008 |
CONTACT: Jamie McInerney (202) 225-6131 |
WASHINGTON – Today, H.R. 5140, the Economic Stimulus Act of 2008, was passed by the House and Senate. The package will inject $170 billion to stimulate the economy by providing rebate checks to millions of American families, seniors, and veterans. Additionally it provides tax breaks to small businesses and includes provisions to help families avoid losing their homes to foreclosure.
“Families in the 18th Congressional District are struggling just to make ends meet, and the economic downturn is only making things worse,” said Congressman Dennis Cardoza. “I’m proud Democrats, Republicans and the Bush Administration worked together to craft a plan that will give the economy a much-needed boost, and deliver to families the relief they need right now.”
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