McIntyre Supports Economic Recovery Act

Washington, D.C. - After hearing from citizens and businesses all across Southeastern North Carolina, U.S. Congressman Mike McIntyre voted today for action over inaction, for jobs over unemployment, and for help to get our economy moving again!

This bill will help North Carolina, and our nation, in a myriad of ways by putting people back to work, cutting taxes, and by investing in highways, infrastructure, and education.

Congressman McIntyre stated, “Families are struggling.  Inaction is not an option.  This is about people having jobs, families having a roof over their head and food on the table.  It’s about families keeping their health benefits, getting educational opportunities, and training for jobs.   Over the last several weeks, I have been traveling all over Southeastern North Carolina meeting with citizens, business leaders, and public officials, and they have all issued the clarion call that something needs to be done to help our local and national economy – now!  

McIntyre continued, “This bill is not perfect, and I am very concerned about its cost as a strong advocate of fiscal responsibility.  We must get out of this financial emergency and back on the road toward a balanced budget.   I voted for it because we cannot afford to lose any more jobs or fall from a recession into a depression. We do need help, and we need it now.”

Highlights of how the American Economic Recovery and Reinvestment Act will benefit North Carolina and our nation by:

· Saving or creating 8,100 jobs in North Carolina’s 7th Congressional district and saving or creating 105,000 jobs in North Carolina through key investments;

· Giving 95% of American workers and families tax relief through the Making Work Pay Tax Cut – a refundable tax credit of up to $400 per worker and $800 per couple filing jointly;

· Helping North Carolina with its budget deficit;

· Expanding the Earned Income Tax Credit to help families with three or more children;

· Investing in roads, bridges, highways, water and sewer needs, and rural Internet access;

· Modernizing the health care system to lower costs and save lives,

· Protecting health care coverage through Medicaid, and providing health insurance for unemployed workers;

· Making college more affordable;

· Preventing teacher layoffs;

· Providing school districts with money to fund school improvements;

· Extending unemployment benefits;

· Increasing food assistance to struggling families;

· Helping workers find jobs through additional training;

· Providing assistance to senior citizens, and disabled individuals; and

· Providing tax incentives to create new “green energy” jobs and encourage the buying of new cars, trucks, and SUVs.