The economic stimulus bill signed by President Donald Trump will help the U.S. economy, but many are concerned that it could be abused, said Rep. Steve King, R-Iowa.
The bill is intended to spur economic growth and to address the “real economic crisis” caused by the opioid crisis.
It also includes a plan to rein in the federal deficit, but critics say it doesn’t do enough to reinstate the economy.
King said he will be the first member of the House to sign the bill.
If it passes the Senate, King said, he will reintroduce the bill next week.
Trump signed the bill on Wednesday.
“I am signing it because we need a huge boost in economic activity.
And the reason is because of the opioid epidemic, which is now a national crisis,” he said in a statement.
The measure was a key part of Trump’s efforts to win over the American people with his populist message and his efforts to create jobs and boost wages.
It was also the main plank of his economic recovery package, which he released Wednesday.
King has been a leading voice on the issue of the stimulus bill and said he was pleased the bill included “a clear economic plan for rebuilding the economy.”
But he said he would like to see the bill include some kind of plan to help businesses and other industries recover from the opioid outbreak.
“My biggest fear is that if the stimulus is just enough, then it will create a false sense of security that will not work in the long run,” he told ABC News.
King said the stimulus package would also help the federal government by increasing the amount of money it can spend. “
If the stimulus wasn’t enough, the economy is going to go into a recession.”
King said the stimulus package would also help the federal government by increasing the amount of money it can spend.
The legislation includes $5.5 billion for the U,S.
Department of Agriculture to help with crop insurance, $4.8 billion for a plan for the construction of the Keystone XL Pipeline, $1.8 million for a study on a new crop insurance program, $500 million to expand food security and nutrition assistance programs for the elderly, and $250 million for the Department of Labor to help small businesses get loans.
King also plans to introduce legislation next week to create a federal commission to examine how the federal stimulus could be better used, including in a post-federalization era.
King told ABCNews.com that he has been working on a bill that would require the government to pay more for health care benefits.
That would help the economy, he said, but the stimulus plan “would actually take away money from those people who really need it the most.”
The bill would also expand a program that helps people who are elderly or disabled find jobs, by providing a refundable tax credit to businesses that hire people with disabilities.
King, who is also a former vice president, said he believes the stimulus act will have an effect on the economy and that the president is “on the right track.”
The House of Representatives voted on the bill earlier this month and it passed in the House on Wednesday by voice vote.
The House passed the bill by voice in February, but it did not have the support of the Senate.
King is expected to reintroduce it next week and said his bill would be “a significant piece of legislation.”
“I hope that the Senate will support this bill because it’s a step in the right direction,” he added.
“This bill is a huge step forward in the recovery, but we’re not done yet.”
King also pointed out that the legislation does not include funding for the government’s unemployment insurance program.
He said he plans to ask the U-S.
Treasury Department to review that issue next week, as well.
The White House did not immediately respond to ABCNews’ request for comment on King’s concerns.
A White House official said Trump is considering the stimulus bills economic plan.
“The president has been focused on creating jobs and rebuilding our economy and is continuing to focus on the issues that are most important to him, including tax reform and the recovery of the economy,” the official said.
The president is committed to helping the economy through this recovery, and this package provides us with a great opportunity to make good on the economic promise that he made to the American People,” the White House said. “
We are in the midst of a recovery that has lasted decades.
The president is committed to helping the economy through this recovery, and this package provides us with a great opportunity to make good on the economic promise that he made to the American People,” the White House said.
King was not the only member of Congress to call for a review of the $5 billion stimulus bill, which the administration said included the biggest economic stimulus program in history.
House Speaker Paul Ryan, R, Wisconsin, called the legislation a “historic success,” but he called for more funding to help struggling families.
Ryan said he