September 22, 2008

Nevada Senator Harry Reid spoke out about the Bush-McCain “hands-off” economic philosophy this week that caused the current financial crisis hurting Nevada families. While Senate Democrats know that we must address this crisis, they will not put a quick solution ahead of the right one. Reid is working to protect Nevadans by strengthening oversight so that there will be no blank check signed by Nevada taxpayers.

“Democrats believe that there should be protection for the taxpayers who are footing the bill for this legislation. That begins with more oversight, more transparency, more accountability and more controls to prevent conflicts of interest,” said Senator Reid adding, “We believe that this legislation should provide aid for Americans at risk of losing their homes to foreclosure.” Reid is also working to strengthen the middle class by passing an economic recovery plan that would boost the economy, create thousands of good-paying jobs in the Silver State and keep Nevada families in their homes.