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Vivian Davis Figures on Budget & EconomyDemocratic Senate Challenger; member of State Senate |
Figures said people are "really finding it harder and harder to make ends meet. Look where we are. We went from a nation in the black to a nation in the red. Now we're up to trillions of dollars in the red," she said. "My opponent voted with the president 98 percent of the time."
But Sessions broke with the Bush administration in voting against the financial bailout bill on Oct. 1. "Though well-intentioned, the administration's plan represents unprecedented governmental intervention in the economy," Sessions said in a statement. Sessions said he doesn't believe in "protecting reckless investors" but supports "maintaining a healthy framework for investment."
Figures said she doesn't think anybody will be immune from the financial crisis. Without action by Congress, she said more jobs will be lost.
An additional element to consider beyond just reforming the Social Security program is to also examine the need to provide an economic stimulus package for our nation's elderly. For instance, the recently passed economic stimulus bill left many of our seniors totally out of the loop by leaving individuals that receive a social security check far too often prevented from receiving a rebate check. To leave the fixed-income elderly out of the stimulus equation was misguided as they are just as likely to spend the money and stimulate the economy as anyone, which of course was the very purpose of the economic stimulus package. As such, an economic stimulus package that includes a rebate check for a broadened amount of social security recipients along with healthcare tax rebates is and must be part of the next Congress' pathway forward.