Washington, D.C. – Today the Bureau of Economic Analysis released the Gross Domestic Product (GDP) numbers for the third quarter.  Sen. Charles E. Schumer, Chairman of the Joint Economic Committee, released the following statement in reaction to the GDP numbers:

“Today’s GDP numbers are further evidence that our economy is going in the wrong direction, and provides a sad epitaph for this Administration's failed economic policies.  There can no longer be any debate that we are in a recession, and that we need to create a targeted stimulus program to prime our economic pump, and help American families as they weather this storm.” – Sen. Schumer