Rep. Maloney hails passage of American Recovery and Reinvestment Act

Jan 28, 2009
Press Release

WASHINGTON, DC-- Rep. Carolyn Maloney (D-NY) issued this comment today upon passage of the American Recovery and Reinvestment Act:

"The current economic crisis requires bold solutions that address the enormity of our economic woes, and the American Recovery and Reinvestment Plan will do just that. It will blunt the effects of the recession and help families in need, it will create millions of jobs and make key infrastructure investments in our future," Rep. Maloney said.

It will help the nation and be especially helpful to New York, as funds flow for a coordinated range of benefits and projects, including:
  • Expansion of unemployment benefits and job training programs
  • Almost doubling aid to NY for Medicaid, at a time when low-income health care rolls are expanding
  • Increased food stamp benefits
  • Aid for mass transit infrastructure and transition to a clean energy economy

"This stimulus plan will soften the downturn and foster a solid economic recovery. It’s time to get our economy back on track," Maloney concluded.