The views expressed by contributors are their own and not the view of The Hill

Stimulus Package Should Reduce Long-Term Effects of Economic Slow Down (Rep. Steve Pearce)

A stimulus package that contains tax cuts for all Americans and investment incentives for small businesses should go a long way in reducing any long-term effects of an economic slow down. Families need to pay their bills now and businesses need an alternative to letting workers go, so it is imperative we get a stimulus into the hands of people who will use it quickly. We have an opportunity to do that through tax deductions, credits and rebates, but it must be large, broad-based and immediate.

Tags 111th United States Congress American Recovery and Reinvestment Act Business Economic policy Economy of the United States Fiscal policy Government Late-2000s financial crisis National fiscal policy response to the late 2000s recession Presidency of Barack Obama Steve Pearce

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..

Main Area Top ↴
Main Area Middle ↴
Main Area Bottom ↴

Most Popular

Load more

Video

See all Video