Democratic Members of the House of Representatives Hold a News Conference On the Economy

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Democratic Members of the House of Representatives Hold a News Conference On the Economy

HOUSE DEMOCRATS HOLD A NEWS CONFERENCE ON THE ECONOMY

AUGUST 1, 2008

SPEAKERS: REP. STENY H. HOYER, D-MD., HOUSE MAJORITY LEADER

REP. RAHM EMANUEL, D-ILL., CHAIRMAN, HOUSE DEMOCRATIC CAUCUS

REP. STEVE ISRAEL, D-N.Y.

[*] HOYER: Well, I'm pleased that all of you are here. We're going to start, because we have legislation on the floor, a motion to recommit, which we need to deal with.

We had another stark statistic issued today, and that is that there was a net loss of 51,000 jobs.

There is no doubt why 82 percent of America thinks we're on the wrong track. There's no doubt why the angst level of working Americans and families is very high.

They know things aren't going right. They know things are tough in their lives. They know things are tough when they go to the grocery store. They know things are tough when they try to pay their kids' college expenses. They know things are tough when...

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