Pelosi: Economy may force Congress to return
DENVER, Colorado “-House Speaker Nancy Pelosi says Congress may need to go back into session to pass an economic stimulus package worth about $150 billion.
Pelosi, who was in Denver Wednesday to tour a hospital, praised the Federal Reserve’s decision to cut a key interest rate by a half percentage point but said more needs to be done.
Pelosi says the nation needs a stimulus package to create jobs by investing in infrastructure and to provide food stamps and unemployment insurance for people who have lost their jobs.
She says president Bush recently vetoed a $60 billion package, but because the economy is weakening, a $150 billion package is probably needed now.
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