By: McDonald H.C.R. No. 95 73R6811 MPC-D CONCURRENT RESOLUTION 1-1 WHEREAS, President Bill Clinton has recently proposed to the 1-2 United States Congress and the American people a $30 billion 1-3 short-term economic stimulus program designed to boost our nation's 1-4 economy; and 1-5 WHEREAS, The President's economic stimulus package is 1-6 intended to provide between 500,000 and 700,000 much-needed new 1-7 jobs across this country and has the potential to spur other 1-8 sectors of the economy; and 1-9 WHEREAS, While the full share of investment funding allocated 1-10 to each state cannot be calculated until final passage by the 1-11 United States Congress, it is certain that Texas will benefit from 1-12 this economic stimulus initiative; and 1-13 WHEREAS, For Texas, the major programs outlined in the 1-14 President's economic proposal will produce an estimated 30,000 new 1-15 jobs and yield approximately $566 million in new federal 1-16 appropriations for fiscal year 1993; and 1-17 WHEREAS, The proposed economic stimulus package means new 1-18 employment opportunities for Texans, education programs for our 1-19 children, needed road and sewer construction, housing, childhood 1-20 immunization, community development, care for AIDS patients, and 1-21 improved nutrition for women, infants, and children; and 1-22 WHEREAS, The Texas congressional delegation has long been 1-23 instrumental in the federal budget process and has displayed its 1-24 commitment to deficit reduction and fiscal honesty and its support 2-1 is vital to both refine and pass this essential stimulus package; 2-2 now, therefore, be it 2-3 RESOLVED, That the 73rd Legislature of the State of Texas 2-4 hereby express support for the President's economic stimulus 2-5 initiative and urge swift passage of this legislation; and, be it 2-6 further 2-7 RESOLVED, That the Texas secretary of state forward official 2-8 copies of this resolution to each member of the Texas delegation to 2-9 the United States Congress as an expression of the support of the 2-10 Legislature of the State of Texas.