Help Senator Durbin Fight for the Public Option

From the Sun-Times:

Invoking the memory of Edward M. Kennedy, Democrats united Saturday night to push historic health care legislation past a key Senate hurdle over the opposition of Republicans eager to inflict a punishing defeat on President Barack Obama. There was not a vote to spare.

The 60-39 vote cleared the way for a bruising, full-scale debate beginning after Thanksgiving on the legislation, which is designed to extend coverage to roughly 31 million who lack it, crack down on insurance company practices that deny or dilute benefits and curtail the growth of spending on medical care nationally.

Here’s how you can help fight for the Public Option…

From Senator Dick Durbin:

Moments ago, the Senate voted to begin its full debate on historic health care reform legislation instead of obstructing it with a filibuster. 

Tonight’s vote marks the biggest victory to date for our grassroots effort to pass health care reform with a public option. We cannot give enough thanks to the over 100,000 signers of our petition at CitizensForAPublicOption.com for helping to fundamentally shift the momentum towards meaningful reform. 

Not long ago, a few loud opponents of reform armed and organized by the insurance industry dominated this debate. Now the American people, the majority of whom support a public option, have spoken out and gained the upper hand. 

Not long ago, the public option seemed like little more than a pipe dream. Now it’s part of health care bills in both the Senate and the House. 

Not long ago, members of our own Democratic caucus weren’t sure they could even support an up-or-down vote on health care reform legislation. Tonight they voted to end the Republican filibuster. 

But despite this good news, the fight for meaningful health care reform is not over. As we debate amendments to this legislation in the coming weeks, we will work with our colleagues to ensure it continues to address the "Three C’s" of meaningful reform: competition, choice, and cost reduction. And we will firmly oppose any effort to eliminate the public option. 

Tonight we celebrate a milestone no one thought we could reach just months ago. Tomorrow the fight continues. We will not let up until the President signs a bill we can all be proud of.

Thank you for your support.

Sincerely,

Senator Patrick Leahy
Senator Dick Durbin

Senator Chuck Schumer
Senator Patrick Leahy

Senator Dick Durbin

Senator Chuck Schumer

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Bush Tax Cuts Cost Two and a Half Times as Much as House Democrats’ Health Care Proposal

Turns out, Bush’s tax cuts hurt the economy. Wha…?

From the Citizens for Tax Justice:

And yet, many of the lawmakers who argue that the health care reform legislation is “too costly” are the same lawmakers who supported the Bush tax cuts. Their own voting record demonstrates that health care reform is not a matter of costs, but a matter of priorities.

It’s difficult to see how the Bush tax cuts could provide us with two and a half times the benefits of health care reform. In 2010, when all the Bush tax cuts are finally phased in, a staggering 52.5 percent of the benefits will go to the richest 5 percent of taxpayers. President Bush and his supporters argued that these high-income tax cuts would benefit everybody because they would unleash investment that would spark widespread economic prosperity. There seems to be no evidence of this, particularly given the collapse of the economy at the end of the Bush years.

Details on the Bush Tax Cuts

The tax legislation enacted under President George W. Bush from 2001 through 2006 will cost $2.48 trillion over the 2001-2010 period. This includes the revenue loss of $2.11 trillion that results directly from the Bush tax cuts as well as the $379 billion in additional interest payments on the national debt that we must make since the tax cuts were deficit-financed.

This figure also includes the cost of adjusting the Alternative Minimum Tax (AMT) to prevent millions of additional taxpayers from being affected by it, as would otherwise have happened as a result of the Bush tax cuts.

Reason for Revisions

The projected cost of the Bush tax cuts is slightly less than we projected previously.5 This is mainly because of the economic downturn, which has reduced incomes. The projected distribution of the tax cuts has also changed slightly. Also, we no longer project the effects of the Bush tax cuts without AMT adjustments, since it is clear that Congress will continue to adjust the AMT to limit the number of people it affects.

Stark Contrast Between Congress’s Approach to Health Care Reform and Approach to Bush Tax Cuts

Over the upcoming decade (2010-2019), the costs of the health care proposals approved by three committees in the U.S. House of Representatives are projected to be around $1 trillion. (One committee trimmed the costs of its health care bill below that amount, but an official estimate of the cost reductions was not available at the time of this writing.)

The chairmen of the three House committees have explicitly stated that their goal is a final bill that is deficit-neutral in the decade following enactment. It’s unclear if they have accomplished this yet, since the Congressional Budget Office has not yet issued final cost estimates of the bills, and the legislation is likely to change before the full House votes on a final bill. But President Obama and Democratic leaders have also committed to ensuring that health care reform will not increase the budget deficit.

Under the House bills, roughly half of the costs would be offset with savings in our existing health care programs, while the other half would be offset with a surcharge on the incomes of wealthy taxpayers. A previous analysis by CTJ has shown that this surcharge is a reasonable approach to financing health care reform and would only affect 1.3 percent of taxpayers. Another CTJ analysis concludes that the surcharge will likely have no significant impact on small businesses, despite some of the misinformation that has surrounded this topic.

In contrast, President Bush and his allies in Congress never even attempted to replace the revenue lost as a result of their enormous tax cuts. The Bush tax cuts were deficit-financed, which increased the national debt and resulted in greater interest payments on that debt, as already explained.

Health Care Reform: A Matter of Priorities, Not Costs

These figures make clear that costs cannot be the real concern of lawmakers who oppose the House health care legislation and yet supported the Bush tax cuts. Their position seems to be that showering benefits on the wealthiest five percent of taxpayers and leaving the bill for future generations is preferable to making health care available for all at a much lower cost and paying that cost up front. That demonstrates a different set of priorities than most Americans have, but it doesn’t demonstrate much concern about costs.

Tip of the hat to Crooks and Liars for this post.

Jon Stewart Responds to Hannity’s Apology

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Jon Stewart responded to Sean Hannity’s apology saying nothing is worth sitting through Hannity’s show. And then there was this, narrative courtesy The Huffington Post:

Stewart went on to praise Ramin Hedayati, the young producer who caught the Hannity flub. (Full disclosure I know Mr. Hedayati personally.) "He" came came out on stage to take a bow and despite having graduated college in 2002, Ramin looks surprisingly old and begged Stewart to kill him so he could stop watching Sean Hannity’s show.

It was worth it. Watch the above video. Stewart even suggests a wonderful new slogan for FOX News: "WE ALTER REALITY. YOU ARE SOLD A PRECONCEIVED NARRATIVE."

Good catch to Mr. Hedayati.

Related: Hannity Claims He "Screwed Up" for "Incorrect Video" Revealed by Jon Stewart

Over 2,200 Veterans Died in 2008 Due to Lack of Health Insurance

From ENEWSPF:

A research team at Harvard Medical School estimates 2,266 U.S. military veterans under the age of 65 died last year because they lacked health insurance and thus had reduced access to care. That figure is more than 14 times the number of deaths (155) suffered by U.S. troops in Afghanistan in 2008, and more than twice as many as have died (911 as of Oct. 31) since the war began in 2001.

The researchers, who released their analysis today [Tuesday], pointedly say the health reform legislation pending in the House and Senate will not significantly affect this grim picture.

The Harvard group analyzed data from the U.S. Census Bureau’s March 2009 Current Population Survey, which surveyed Americans about their insurance coverage and veteran status, and found that 1,461,615 veterans between the ages of 18 and 64 were uninsured in 2008. Veterans were only classified as uninsured if they neither had health insurance nor received ongoing care at Veterans Health Administration (VA) hospitals or clinics.

Here’s the Catch-22 faced by uninsured veterans:

“Like other uninsured Americans, most uninsured vets are working people – too poor to afford private coverage but not poor enough to qualify for Medicaid or means-tested VA care,” said Dr. Steffie Woolhandler, a professor at Harvard Medical School who testified before Congress about uninsured veterans in 2007 and carried out the analysis released today [Tuesday]. “As a result, veterans go without the care they need every day in the U.S., and thousands die each year. It’s a disgrace.”

Tell Congress to support our troops and pass comprehensive health insurance reform.

Read more here.

Hannity Claims He “Screwed Up” for “Incorrect Video” Revealed by Jon Stewart

I know the report on the Daily Show with Jon Stewart happened a couple of days ago. I just want to give this video a home on Turning Left. This is the story where Stewart reveals that Sean Hannity used video footage of a September 12 rally in Washington, D.C. to give the impression that an anti-health insurance reform rally by Congresswoman Michele Bachmann had more people than actually attended.

From the Huffington Post:

The tea party protests continued last week, as Congresswoman Michele Bachmann held an anti-health-care-reform rally on the steps of the Capitol. While she estimated that 20,000-45,000 people attended the event, the Washington Post reported it was actually more like 10,000.

Still, that is a sizable number of Americans exercising their right to free speech and assembly, and that warrants news coverage. But Sean Hannity and his team did more than cover the event. They not only inflated the number in attendance with their words, but actually used footage from a heavily-attended protest this summer to make this health care rally appear more popular. Hannity even pointed out that this was a huge crowd for a Thursday, when the protest footage they used was from a Saturday.

Why did it take a couple of days for me to post the Stewart video? Permit me to blow off some geek steam. The HTML purist in me gets frustrated with Comedy Central’s embed code, which is always invalid. If anyone from Comedy Central happens to stop by, here’s your problem: your captions always include an improperly closed anchor tag:

<a target='_blank' style='color:#333; text-decoration:none; font-weight:bold;' href='http://www.thedailyshow.com/watch/tue-november-10-2009/sean-hannity-uses-glenn-beck-s-protest-footage'>Sean Hannity Uses Glenn Beck's Protest Footage<a>

This, of course, should look like this:

<a target='_blank' style='color:#333; text-decoration:none; font-weight:bold;' href='http://www.thedailyshow.com/watch/tue-november-10-2009/sean-hannity-uses-glenn-beck-s-protest-footage'>Sean Hannity Uses Glenn Beck's Protest Footage</a>

No charge for the design tip. Just fix it, please! That error is in every video released by The Daily Show! It’s a pain to fix!

Sean Hannity claims he "screwed up" for airing "incorrect video" of the 9-12 protests while discussing the Bachmann rally. (Tip of the hat to MediaMatters.org for this video — which doesn’t have broken code.)

Hats off to Jon Stewart and his team for this great catch.

Say It Ain’t So, Michael Steele! RNC Insurance Plan Covers Abortion

Say it ain’t so, Michael Steele! How could it possibly be true that the RNC’s health insurance plan has covered elective abortion since 1991?

From POLITICO:

The Republican National Committee’s health insurance plan covers elective abortion – a procedure the party’s own platform calls “a fundamental assault on innocent human life.”

Federal Election Commission Records show the RNC purchases its insurance from Cigna. Two sales agents for the company said that the RNC’s policy covers elective abortion.

Informed of the coverage, RNC spokeswoman Gail Gitcho told POLITICO that the policy pre-dates the tenure of current RNC Chairman Michael Steele.

“The current policy has been in effect since 1991, and we are taking steps to address the issue,” Gitcho said.

The RNC moved quickly Wednesday to assuage any concerns its members might have.

In a letter obtained by POLITICO, RNC Chief of Staff Ken McKay writes to the 168 committeemen and committeewomen across the country that Steele "takes this issue very seriously."

He writes that the RNC has been evaluating its health insurance policy and will continue to do so.

Since 1991? Are you kidding me? Are we seriously talking almost two decades of the Republican National Committee making sure their employees have access to elective abortion?

And here’s the real question: in the midst of all the GOP wrangling over abortion in the current health care debate, for how long would the RNC have continued to offer abortion benefits to their employees if POLITICO had not uncovered this?

There’s more here.

Wake Up the Senate: Health Care Passes the House

The Affordable Health Care for America Act passed the house tonight with two votes to spare.  One Republican, Rep. Joseph Cao of  Louisiana, crossed the aisle for America tonight and voted in favor of the measure. One lone Republican who gets it. Be sure to thank him: 202-225-6636.

Here are some news links.  Even thought WTAE is identical to the Chicago Tribune story, I’m giving them the nod because their email is always the first to arrive in my inbox.

From the Chicago Tribune:

In a victory for President Barack Obama, the Democratic-controlled House narrowly passed landmark health care legislation Saturday night to expand coverage to tens of millions who lack it and place tough new restrictions on the insurance industry. Republican opposition was nearly unanimous.

The 220-215 vote cleared the way for the Senate to begin debate on the issue that has come to overshadow all others in Congress.

A triumphant Speaker Nancy Pelosi likened the legislation to the passage of Social Security in 1935 and Medicare 30 years later.

“It provides coverage for 96 percent of Americans. It offers everyone, regardless of health or income, the peace of mind that comes from knowing they will have access to affordable health care when they need it,” said Rep. John Dingell, the 83-year-old Michigan lawmaker who has introduced national health insurance in every Congress since succeeding his father in 1955.

More here from the Tribune.

From the New York Times:

After President Obama urged lawmakers to “answer the call of history” and approve a sweeping overhaul of the nation’s health care system, House Democrats edged closer to a vote on Saturday night as the House adopted an amendment that would tighten restrictions on coverage for abortions under any insurance plan that receives federal dollars.

The concession eased a threat by some anti-abortion Democrats to oppose the bill but it infuriated supporters of abortion rights, who said they would support the larger bill and continue to fight for changes in the final legislation.

After months of internal party wrangling, angry town-hall-style meetings and extended committee deliberations, the House was debating into the night on the legislation to transform the nation’s health insurance system.

Democrats were increasingly confident they had locked up the necessary support for the measure, an optimism bolstered when the bill easily survived a preliminary vote, despite Republican opposition.

But the difficult issue of how much to restrict new federal spending on abortion continued to complicate the outcome by creating a split between Democratic supporters and opponents of abortion rights and loomed as one last obstacle.

House Speaker Nancy Pelosi decided late Friday night to allow anti-abortion Democrats to vote for the so-called “Stupak amendment,” named for Bart Stupak, Democrat of Michigan. The measure, long expected to pass, would tighten restrictions on abortions by prohibiting federal money from being used to pay for the procedure, either through a new federal health insurance plan or under private plans that enroll people relying on federal subsidies.

“From Day 1, my goal has been to ensure federal tax dollars are not used to pay for abortions,” said Representative Brad Ellsworth, Democrat of Indiana and one of the authors of the abortion provision.

Ms. Pelosi’s concession eased a threat by some Democrats to abandon the bill but also left abortion-rights Democrats facing a choice between backing a provision they bitterly opposed or scuttling the bill.

More here from the NYTimes.

From the Washington Post:

Removing a key final hurdle for House passage of historic legislation to expand the nation’s health-care system, lawmakers late Saturday approved a measure to ban almost all abortion coverage under health-care plans run or subsidized by the government.

The controversial amendment prohibits a government-run insurance plan the bill would create from offering to cover abortion services. It also would block people who receive federal subsidies for the purchase of health insurance from buying policies that offer coverage for abortions.

Should a health-care package pass the Senate, it’s unclear whether the anti-abortion amendment would survive negotiations between the two chambers over the shape of final legislation.

Anti-abortion Democrats had said they could not support the health-care package without assurances that tax dollars would not end up paying for abortions. Pro-life and religious groups had also sought the amendment.

Both parties continued to closely guard their private whip counts in advance of the late-night vote on the entire package, but the public pronouncements by lawmakers during the day suggested an extremely tight vote. Democrats remained publicly optimistic they would come out just above the minimum 218 votes they need for victory. Freshman Reps. Dan Maffei (D-N.Y.) and Ann Kirkpatrick (D-Ariz.), joined by second-term Rep. Michael Arcuri (D-N.Y.), announced their support for the bill, giving a boost among the critical bloc of votes coming from the roughly 75 Democrats who were elected within the last three years. Rep. Jim Cooper (D-Tenn.), a veteran who is considered a health-care expert among conservative southerners, is also expected to vote for the legislation.

“We know the status quo is unacceptable and bankrupting individuals, businesses and all levels of government. While this bill is not perfect, it is necessary that we pass it so we can begin to fundamentally reform health care,” Maffei said in a statement as debate inched along.

More here from the Washington Post.

From WTAE in Pittsburgh:

In a victory for President Barack Obama, the Democratic-controlled House narrowly passed landmark health care legislation Saturday night to expand coverage to tens of millions who lack it and place tough new restrictions on the insurance industry. Republican opposition was nearly unanimous.

The 220-215 vote cleared the way for the Senate to begin debate on the issue that has come to overshadow all others in Congress.

A triumphant Speaker Nancy Pelosi likened the legislation to the passage of Social Security in 1935 and Medicare 30 years later.

“It provides coverage for 96 percent of Americans. It offers everyone, regardless of health or income, the peace of mind that comes from knowing they will have access to affordable health care when they need it,” said Rep. John Dingell, the 83-year-old Michigan lawmaker who has introduced national health insurance in every Congress since succeeding his father in 1955.

In the run-up to a final vote, conservatives from the two political parties joined forces to impose tough new restrictions on abortion coverage in insurance policies to be sold to many individuals and small groups. They prevailed on a roll call of 240-194.

Ironically, that only solidified support for the legislation, clearing the way for conservative Democrats to vote for it.

More from WTAE here.

Now the Senate can get to work!

Politico Says Dems Have 218 Votes for Affordable Health Care for America Act

From our friends at Politico:

Hours before an expected vote on a sweeping health care bill, House Democrats believe they’ve secured the 218 votes they need to approve the bill, several party insiders said.

House Speaker Nancy Pelosi took to the House floor about 6:30 p.m. to say, “Today we will pass the Affordable Health Care for America Act.. . .We will make history. We will also make progress for America’s working families."

In response to a question about whether the bill would pass when she brought it up, Pelosi told reporters Saturday night, "That is our expectation."

Thirty-two Democrats have publicly declared their opposition to the bill, giving party leaders the narrowest possible margin to push the bill across the finish line. But numerous sources said Democrats believe they do have the votes after a day of intense lobbying of wavering Democrats.

The Affordable Health Care for America Act reportedly includes a Public Option.

A vote is expected tonight.

Click here to Tweet your Representative now!

ACLU: Rep. Jackson Voted Against the Patriot Act in 2001, So Thank Him

Some clarification today from the ACLU:

Dear ACLU Supporter,

Acts of courage on civil liberties should be rewarded. In 2001, Rep. Jesse Jackson, Jr. courageously voted against the Patriot Act—a significant political risk at a time when few others dared to stand up for constitutional rights.

In an email yesterday, through a clerical error, we misstated that fact. We sincerely apologize to both him and you for this mistake.

We were able to count on Rep. Jesse Jackson, Jr.’s leadership in 2001, and we’re counting on it now. Thank you for all you do in defense of civil liberties.

Sincerely, 

Lisa Sock

Lisa Sock
ACLU Online Team

And I couldn’t agree more. Please thank Congressman Jackson, and re-elect him.

Jackson’s GOP challenger Isaac Hayes is completely off the wall. In his numerous press releases, he rails against any change to the health insurance system.

This came from Hayes’ office on October 29:

Democrats in Washington — including the scandal-plagued Rep. Jesse Jackson Jr. — seem intent upon pushing a socialist-style health care plan on an unwilling American public. But the so-called "public option," or government-run health care, has failed everywhere it has been tried in the U.S. already. The laboratory of the states has proven that this experiment is just for mad social scientists, not serious public policy advocates, the public record demonstrates.

"The Public Option proves the status quo in Washington, D.C. is not serious about improving our health care system, but rather fulfilling an ideological dream of a single-payer system," says the GOP’s Isaac C. Hayes, the nominee for Congress in IL-2. "Variations of the Public Option have failed in every state in which it was tried: Hawaii, Oregon, Massachusetts, Tennessee and Maine. When we here the discussion of free-market solutions we will know they are serious about reform."

Hayes also notes that news reports indicate that even the Canadians are backing away from their socialized model of health care, and are embracing "fee for service" healthcare. 

That’s all very nice, except it’s not true. Citing no evidence whatsoever, Hayes is intent to campaign on sound bytes. None of his press releases are much longer than a couple of short paragraphs.

This from November 2:

You know the "public option," otherwise known as socialized medicine, is in trouble in the Congress when even the liberal sister of radical left-wing Congressman Jesse Jackson Jr. is distancing herself from the legislation.

"Today, WVON’s talk show host, Santita Jackson, admitted on her show that she too was ‘wary’ of the 2,000 page health care bill," says Rev. Isaac C. Hayes, the GOP nominee for Congress in IL-2, where he faces Jackson’s corrupt brother next fall. "Considering that Ms. Jackson is the sister of Congressman Jesse Jackson Jr., we have a staunch supporter of the Representative questioning a bill he is avidly promoting. Mr. Jackson should listen to his big sister because it is apparent he is not listening to other hardworking Americans."

I really don’t understand why we should be worried about a 2,000 page bill. Can’t the Republicans read? I know the Republicans want to do away with the Department of Education, but are they against literacy as well?

Look, Rev. Hayes, if you want to be an adult in congress, then you’re going to have to read a lot. Step up or quit the race.

My vote is with Jesse.

Weekly Address: President Obama Says Recovery Act Creating Jobs and Strengthening Economy

While there is nothing to celebrate until job numbers turn around, the President cites the recent dramatic turnaround in gross domestic product as a sign of better things to come. He also applauds the fact that the Recovery Act has now created or saved more than a million jobs.

The President’s weekly address:

Each week, I’ve spoken with you about the challenges we face as a nation and the path we must take to meet them. And the truth is, over the past ten months, I’ve often had to report distressing news during what has been a difficult time for our country. But today, I am pleased to offer some better news that – while not cause for celebration – is certainly reason to believe that we are moving in the right direction.

On Thursday, we received a report on our Gross Domestic Product, or GDP. This is an important measure of our economy as a whole, one that tells us how much we are producing and how much businesses and families are earning. We learned that the economy grew for the first time in more than a year and faster than at any point in the previous two years. So while we have a long way to go before we return to prosperity, and there will undoubtedly be ups and downs along the road, it’s also true that we’ve come a long way. It is easy to forget that it was only several months ago that the economy was shrinking rapidly and many economists feared another Great Depression.

Now, economic growth is no substitute for job growth. And we will likely see further job losses in the coming days, a fact that is both troubling for our economy and heartbreaking for the men and women who suddenly find themselves out of work. But we will not create the jobs we need unless the economy is growing; that’s why this GDP report is a good sign. And we can see clearly now that the steps my administration is taking are making a difference, blunting the worst of this recession and helping to bring about its conclusion.

We’ve acted aggressively to jumpstart credit for families and businesses, including small businesses, which have seen an increase in lending of 73 percent. We’ve taken steps to stem the tide of foreclosures, modifying mortgages to help hundreds of thousands of responsible homeowners keep their homes and help millions more sustain the value in their homes. And the Recovery Act is spurring demand through a tax cut for 95 percent of working families, and through assistance for seniors and those who have lost jobs – which not only helps folks hardest hit by the downturn, but also encourages the consumer spending that will help turn the economy around.

Finally, the Recovery Act is saving and creating jobs all across the country. Just this week, we reached an important milestone. Based on reports coming in from across America – as shovels break ground, as needed public servants are rehired, and as factories whir to life – it is clear that the Recovery Act has now created and saved more than one million jobs. That’s more than a million people who might otherwise be out of work today – folks who can wake up each day knowing that they’ll be able to provide for themselves and their families.

We’ve saved jobs by closing state budget shortfalls to prevent the layoffs of hundreds of thousands of police officers, firefighters, and teachers who are today on the beat, on call, and in the classroom because of the Recovery Act. And we’ve also created hundreds of thousands of jobs through the largest investment in our roads since the building of the interstate highways, and through the largest investments in education, medical research, and clean energy in history.

These investments aren’t just helping us recover in the short term, they’re helping to lay a new foundation for lasting prosperity in the long term – and they’re giving hardworking, middle-class Americans the chance to succeed and raise a family. Because of the investments we’ve made and the steps we’ve taken, it’s easier for middle-class families to send their kids to college and get the training and skills they need to compete in a global economy. We’re making it easier for these families to save for retirement. And in areas like clean energy, we’re creating the jobs of the future – jobs that pay well and can’t be outsourced.

In fact, just this week, I traveled to Arcadia, Florida to announce the largest set of clean energy projects through the Recovery Act so far: one hundred grants for businesses, utilities, manufacturers, cities and other partners across the country to put thousands of people to work modernizing our electric grid – the system that provides power to our homes and businesses – so that it wastes less energy, helps integrate renewables like wind and solar, and saves consumers money. And that’s just one example.

So, we have made progress. At the same time, I want to emphasize that there’s still plenty of progress to be made. For we know that positive news for the economy as a whole means little if you’ve lost your job and can’t find another, if you can’t afford health care or the mortgage, if you do not see in your own life the improvement we are seeing in these economic statistics. And positive news today does not mean there won’t be difficult days ahead. As I’ve said many times, it took years to dig our way into the crisis we’ve faced. It will take more than a few months to dig our way out. But make no mistake: that’s exactly what we will do.

For the economy we seek is one where folks who need a job can find one and incomes are rising again. The economy we seek is one where small businesses can flourish and entrepreneurs can get the capital they need to plant new seeds of growth. The economy we seek is one that’s no longer based on maxed out credits cards, wild speculation, and the old cycles of boom or bust – but rather one that’s built on a solid foundation, supporting growth that is strong, sustained, and broadly shared by middle class families across America. That is what we are working toward every single day. And we will not stop until we get there.

Thank you. And Happy Halloween.

Source: whitehouse.gov