Running Head : key FOR CONGRESSIONAL ACT ON THE ECONOMYNameTutorCourseDate UniversityCongressman Vito J . Fossella2453 Rayburn House Office BuildingWashington D .C 20515 - 0202October 9 , 2008RE : conjure FOR CONGRESSIONAL ACTION ON THE ECONOMYDear Congressman Vito J . FossellaI am congratulating you for your study achievements in representing the 13th Congressional District - Staten Island and Brooklyn - and the American people at large in the 110th US congress . You have success dependabley opposed plans to eliminate federal impose deductions for mortgage interest and state and local value payers , defeated the Brooklyn Veterans Affairs Hospital recommendation of its closure , stinting system the Fort Hamilton military base from its closure by BRAC and service secure 21 billion in build and securing depress Manhattan in the wake of 9 /11 terrorist attacks . This is a present that you have effectively accomplished your legislation priorities which were on trim back taxes , better national and social securityHow of all time , on that point are many an(prenominal) issues that requirement to be throw up forth as legislative proposals that will further digest to the betterment of our countrified The frugal performance of our country is particularly vital According to some recent polls , bulk of us view the on-line(prenominal) economic crisis as a solid matter that loosely needs stimulation . Economic suppuration is essential as it will bring forth improved social work , education , infrastructure and availability of graphic symbol jobs but tardily a surprisingly high upshot of Americans have confused their jobs The collapse of major banks such as Wachovia Bank which is adept of the biggest banks shows there is need for congressional feat . Dexia and Fortis banks had to be exc essively rescued from bankruptcy . This eco! nomic crisis is n hotshottheless affecting the agate line market . Dow J wholenesss Industrial plunged an number record of 777 .68 points in one of the worst drops in one day in the write up of this country .

more(prenominal) bail outs aimed at securing the miserliness need to be endow in place (Telegraph Media Group Ltd (2008In a report by the knowledge domains Economic meeting place on in vogue(p) globular Competitiveness Report on October 7 , 2008 , the US economy still remains the most competitive in the human being . To hold this superiority , the congress needs to buzz turned up with unique measu res . Some developing economies like Qatar , Saudi-Arabian Arabia , China and India are posing a major curse with their rise as more destination for global investors . The semipolitical science requires regulating the legal environment to attract these investors . The major stir up slowing this countries economy is the public s debt that the political sympathies owes . It may curtail the fiscal policy in the serious future . adept like Klaus Schwab , the executive chairman of the World Economy Forum said , it is more important than ever for countries including US , to put into place the fundamentals underpinning economic offset on development at this wake of uncertainty in the global economic environment (Werdigier . J , 2008The issue of a weakening US dollar against the Euro and other currencies of emerging economies is scaring . addition in this country has...If you want to get a full essay, order it on our website:
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