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Thank you for contacting me about the economic stimulus package.
The American people are hurting. They are losing their homes, their jobs, their businesses and their life savings. Economists across the political spectrum agree that the government needs to take bold and immediate action to stimulate the economy and curb the risk of a protracted economic recession.
The economic stimulus package will provide critical tax relief, shore up unemployment benefits and food stamps, improve access to health care, and promote energy independence. I believe the stimulus package is narrowly targeted to spend and invest in ways that will get the economy moving again.
I understand your concerns about the stimulus package. Last year I voted against spending $700 billion to bail out Wall Street because the bill lacked meaningful relief for homeowners facing foreclosure and didn't include adequate protections for American taxpayers. I am committed to reducing wasteful spending and improving transparency in Federal funding. For too long have we ignored the consequences of a burgeoning Federal deficit.
As Congress considers measures to put the economy on the right track, I will be sure to keep your views in mind. Please do not hesitate to contact me in the future.
P.S. From time to time, I compile electronic news briefs highlighting key issues and hot topics of particular importance to Floridians. If you'd like to receive these e-briefs, visit my Web site and sign up for them at http://billnelson.senate.gov/