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Middle Class Squeeze

Date: July 9, 2008
Location: Washington, DC
Issues: Unemployed and Low-Income Housing and Property


MIDDLE CLASS SQUEEZE -- (House of Representatives - July 09, 2008)

(Mr. ELLISON asked and was given permission to address the House for 1 minute.)

Mr. ELLISON. Mr. Speaker, middle-income Americans are paying a high price for the Bush economic policies that have taken us deep into debt and to economic recession. While the prices of groceries, gas, education, and health care have all gone up, the purchasing power of a middle-income salary has actually fallen over the last 7 years.

Unfortunately, Republicans and President Bush continue to defend the status quo, refusing to support our efforts to help middle class families feeling the economic squeeze. House Democrats are working on new solutions to deal with this immediate economic crisis, and for long-term economic recovery. We have taken action to extend unemployment benefits, insurance benefits, and also so that workers can continue to receive important financial assistance while they look for jobs in these trying economic times. We have also passed legislation to address the Nation's housing crisis so that millions of Americans will not be forced into foreclosure this coming year.

Mr. Speaker, House Democrats also support a second economic recovery plan, and we hope we can gather Republican support for it.


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