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Retailers urge House to approve economic stimulus bill

30 Jan '08
2 min read

In addition to the letter, Pfister cautioned lawmakers in both the House and Senate against attempts to add new provisions that could delay enactment of the legislation.

“As the President said in his State of the Union address last night, Congress should resist the temptation to 'load up' this legislation with extraneous measures, and instead should act expeditiously to provide the American people and small businesses with the assistance they need,” Pfister said.

The NRF Board of Directors earlier this month passed a resolution urging Bush and congressional leaders to adopt economic stimulus legislation after the nation's slowing economy resulted in the smallest holiday sales growth in five years. NRF is forecasting 3.5 percent growth for 2008, but the forecast is contingent on Congress and the Federal Reserve taking action to boost the economy.

National Retail Federation

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