Speaker Pelosi focuses on the economic stimulus package.

"The President asks for action swift and bold. That is what we are doing," said Speaker of the House Nancy Pelosi (D-Calif.) during her weekly news conference. 

The Speaker drew special attention to the economic stimulus package, indicating that the first crucial step is to create jobs immediately which will ultimately promote economic stability.  Pelosi did not address any specific or special concerns regarding what President Obama will or will not do regarding tax cuts. 

"The American people are in a desperate situation, they expect and demand action to relieve the economic crisis that they're experiencing in their own families," Pelosi noted.

Speaker announced that there will be a meeting tomorrow led by President Obama. The meeting will take place at the White House with Congressional leaders to discuss the recovery package in greater detail.

During a pen and pad session, House Majority Leader Steny Hoyer (D-Md.) stated that the meeting will also be attended by House Minority Leader John Boehner (R-Ohio), Senate Minority Leader Mitch McConnel (R-Ky.), and Senate Minority Whip John Kyl (R-Ariz).