RILA Lauds Passage of House Economic Recovery Act

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RILA Lauds Passage of House Economic Recovery Act

The Retail Industry Leaders Association is solidly behind the House of Representatives' passage of economic recovery legislation aimed at bolstering the economy.

"The retail industry believes strongly that in order to restore short- and long-term economic stability, recovery efforts must focus on issues impacting consumer confidence in the near term," said RILA president Sandy Kennedy, adding that the organization would work with House and Senate leaders "to send a meaningful package to the President's desk."

RILA specifically backs provisions to enact a fiscal stimulus that directs broad-based relief to U.S. workers and their families and includes measures to help American businesses stay competitive and expand. The group also supports considerably increasing the nation's investment in roads, bridges, seaports, ports of entry and other transportation infrastructure.

In a letter this week to House leadership, RILA offered support for several of the provisions in the American Recovery and Reinvestment Act of 2009 and encouraged both legislative bodies to join forces on a timely and effective stimulus package ready for President Obama's signature, before the economy deteriorates any further.

Arlington, Va.-based RILA's members include retailers, product manufacturers and service suppliers.