Middle and Lower-Income Families Need Immediate Help (Rep. Lacy Clay)

I want to commend Chairman Bernanke and the Fed Board of Governors for their swift, positive action this morning. Congress needs to move quickly to restore confidence in the financial markets and rebuild consumer confidence. The best way to do that is to target immediate help to middle and lower-income families who are already straining under the burden of foreclosures, layoffs, skyrocketing prices for gas and groceries, and the credit crunch. We need to extend unemployment benefits, increase food stamp support and target tax relief to middle class families.

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