Dear Phillip:
As you know, our nation is facing an economic crisis, the likes of which we have not seen since the Great Depression. Economists of every stripe agree that the best way to kick start our economy is through a combination of spending programs and tax cuts that are targeted, timely and temporary.
Earlier today, I voted for - and the United States Senate approved -- the American Recovery and Reinvestment Act of 2009. While this bill is far from perfect, it does take many of the steps necessary to stimulate the economy. Click here to see how this legislation will benefit North Dakota.
As Chairman of the Senate Budget Committee, I worked with my colleagues - Republicans and Democrats - to cut wasteful spending in this bill and to focus taxpayer dollars where they will do the most good. It is my hope that the final version of the bill will be even better. I don't want to see one penny wasted as we work to revive our economy.
As I have said repeatedly, North Dakotans had little to do with getting our nation into this fiscal mess, but now we must all do our part to help lift the economy out of the doldrums. Now is not the time for half measures. We must act both boldly and quickly to turn our economy around. A failure to give a significant boost to this economy will only deepen the crisis, sending millions more Americans to the unemployment lines.
Sincerely,
KENT CONRAD
United States Senate
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