Diaz-Balart: Stimulus is a Dismal Failure
WASHINGTON, DC-This morning Congressman Mario Diaz-Balart (R-FL), the Ranking Member of the Economic Development, Public Buildings, and Emergency Management Subcommittee, joined Ranking Member John Mica (R-FL) and other Members of the Transportation and Infrastructure Committee to outline the failures of the stimulus bill. He called the stimulus bill a “dismal failure.”
“With unemployment at a 26-year high, Americans have realized that the promises made with the passage of the so-called stimulus were in fact just empty promises. We have yet to see the much touted jobs and immediate economic turnaround.
“The Administration promised that with the passage of the stimulus, unemployment would not rise above 8% and 3.5 million jobs would be created. Instead, an additional 2 million jobs have been lost and unemployment has increased to 9.5% across the nation and 10.2% in Florida, since the passage of the bill,” said Diaz-Balart.
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