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In my district, the budget scales back and eliminates several long-term shore protection projects important to the safety and economic security of Long Island.
In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.
However, this President sees no problem eliminating funding for Perkins Loans in his budget, even though the cost of tuition is rising and will continue to rise as the administration's policies force inflation.
Foreign trade clearly holds down the cost of products we buy.
Foreign trade clearly has been a reason why inflation has been low.
For a variety of reasons, we are not producing at a given level of economic activity the jobs we used to have.
As a personal beneficiary of the service that Amtrak provides and as someone who represents a congressional district that counts on safe, reliable rail service, I am a strong supporter of providing this vital industry the funding necessary to continue operations.
Amtrak offers riders a cost-effective way to travel throughout the country.
A healthy Amtrak is an integral part of New York and the Nation's economy and transportation systems.
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